US EditionECB’s Lagarde: We expect inflation to stabilise sustainably at our 2% medium term target
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Lagarde, Nagel reinforce ECB pause as medium-term inflation anchors hold - ActionForex
ECB President Christine Lagarde reiterated overnight that the Governing Council remains comfortable with its current policy stance, telling European lawmakers that inflation is still expected to stabilise at the 2% target over the medium term. In an environment marked by elevated uncertainty, Lagarde stressed that a “data-dependent, meeting-by-meeting approach to monetary policy serves us well.” […] The post Lagarde, Nagel reinforce ECB pause as…
ECB’s Lagarde: We expect inflation to stabilise sustainably at our 2% medium term target
European Central Bank (ECB) President Christine Lagarde said that they expect inflation to stabilise sustainably at the ECB's 2% medium-term target, during the plenary debate on the state of the Eurozone economy and ECB activities in Strasbourg, France, on Monday.
Christine Lagarde, the head of the European Central Bank (ECB), reiterated the 2% inflation target and the need for a digital euro in a speech to the European Parliament (EP) in Strasbourg on Monday. MEPs were quick to criticize the ECB for its perceived politicization.
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