ECB’s Lagarde: Inflation target within reach, services inflation still stubborn

In an interview with the Financial Times, ECB President Christine Lagarde expressed optimism about nearing the inflation target. She remarked that ECB is “very close” to declaring that inflation has been “sustainably” brought back to its 2% medium-term target. The latest inflation reading of 2.2% reflects the success of ECB’s restrictive monetary policy. However, she […]

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