Lagarde: ECB Aims for 2% Inflation by 2025

Reported 3 days ago

European Central Bank President Christine Lagarde announced that the bank is on track to achieve its 2% inflation target by 2025, citing significant progress in 2024. Despite recent fluctuations in consumer-price growth in the euro area, policymakers have managed to implement interest rate cuts, and Lagarde emphasized the importance of ongoing efforts to maintain sustainable inflation levels.

Source: YAHOO

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