Lagarde: Central bank will ensure that eurozone inflation remains at 2%.
2025-09-01 07:17:13
The European Central Bank has achieved price stability and will take all necessary measures to control inflation in the euro zone, European Central Bank President Christine Lagarde said. She said in an interview on Monday that inflation had reached its 2 percent target. The comments come ahead of a forthcoming inflation report that is expected to confirm the ECB's judgment that price pressures in the euro zone are under control. Economists are forecasting a reading of 2 percent, in line with the central bank's target. Policymakers are widely expected to keep rates steady at another meeting in less than two weeks, as many have already said they are comfortable with the current 2 percent rate level. Investors are no longer certain whether there will be more rate cuts this year, but economists still expect a final cut in December.
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