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
https://www.ft.com/content/ad4b322f-5053-4a23-afcb-5ea1bf8ebbde


Tillbaka till Rolfs länktips 13 mars 2025
https://englundmacro.blogspot.com/2025/03/rolfs-lanktips-13-mars-2025.html





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