Christine Lagarde says ‘impossible’ for ECB to always guarantee 2% inflation
Lagarde stressed that the goal was to ensure that “inflation is always converging back towards 2 per cent over the medium term”.
This orientation “enables us to avoid reacting to small or passing shocks that will have faded by the time the effects of a policy change kick in”, she said,
adding that the ECB could “adjust the horizon within which we must return inflation to target”.
Financial Times 12 March 2025
Tillbaka till Rolfs länktips 13 mars 2025
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