ECB President Lagarde says she expects inflation to stabilise sustainably at the 2% target
Importance
Level 1
- We are operating in a volatile global environment marked by heightened geopolitical tensions and persistent policy uncertainty.
- Supply chains are becoming more fragmented, and industrial policies are reshaping global competition.
- Despite the challenging environment, economic activity in the euro area has been resilient.
- The economy is estimated to have grown by 0.3% in the fourth quarter of last year and by 1.5% in 2025 as a whole – better than what was projected for 2025 at the start of that year.
- Reiterates data-dependent, meeting by meeting approach.
- ECB remains focused on price stability and fostering a stronger Europe.
- A strong currency rests on the solid foundation of strong institutions.
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