Lagarde “We will take all the measures in order to bring inflation back to 2%. We will do it, no question about it.”
The ECB slowed its pace of rate hikes to 25 basis points this month, and another two such moves are penciled in for upcoming meetings. Some officials reckon even that might not be enough to get inflation to its 2% goal in a timely manner.
Bloomberg 19 May 2023
Europe’s Knife-Edge Path Toward Beating Inflation Without a Recession
IMF 28 April 2023
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