Lagarde: The central bank will ensure the eurozone inflation rate remains at 2%
Jinse Finance reported that European Central Bank President Christine Lagarde stated that the ECB has achieved price stability and will take all necessary measures to control inflation in the eurozone. In an interview on Monday, she said that inflation has reached the 2% target. These remarks were made ahead of an upcoming inflation report, which is expected to confirm the ECB's assessment that price pressures in the eurozone are under control. Economists predict that the inflation reading will be 2%, consistent with the central bank's target. The market generally expects policymakers to keep interest rates steady at another meeting in less than two weeks, as many have indicated they are satisfied with the current 2% rate level. Investors are no longer certain whether there will be further rate cuts this year, although economists still believe there will be a final rate cut in December. (Golden Ten Data)
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