ECB’s Lagarde: Inflation Target “Reached”, Uncertainty Down 50% | Metals Mine

  • ECB’s Lagarde: Inflation Target “Reached”, Uncertainty Down 50%

    From econostream-media.com

    European Central Bank President Christine Lagarde said on Saturday that the ECB had reached its inflation target and that uncertainty had halved. In an interview with Danish broadcaster DRTV, Lagarde said that “[i]nterest rates have to target an inflation level, which we do target, and which we have now reached.” The ECB would be “reasonably satisfied” if it could keep prices stable or limit the increase of general prices to the target of 2%, she said. Uncertainty had decreased by 50%, according to Lagarde, who said that this was a “significant improvement from where we were.” Companies were “going to ... (full story)

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Polimini
Sep 21, 2025 4:14am
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In this economic climate, not sure any target has been met, it just momentarely hit the target.
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Foxikus
Sep 21, 2025 12:19pm
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jpy +
chf +
Did I miss anything over the weekend?
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DonFF
Sep 21, 2025 10:31am
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This is confirmation of the overall direction the Non-US Side of the majors are going in even while the market corrects following the run-up of prices in leadup to USD IRD. So dollar weakening is the direction for the final quarter!
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BohzhiaAkt
Sep 21, 2025 12:53pm
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This I think is temporal because, the uncertainty is still lingering around. And clearly per what the data shows, Lagarde feels confident in the strength of the Euro. The Pound on the other hand, held a steady rate. The dollar took a precautionary action in its rate cut not because the data is bad but because of what the data might become. So, Currently, it's the world against the dollar although it's temporal.
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