Euro zone disinflation on track, Lagarde says
October 30, 2024
Euro zone inflation is “well on track” to hit the European Central Bank’s 2% target next year, ECB President Christine Lagarde said today, repeating the bank’s most recent guidance.
“The incoming information on inflation shows that the disinflation process is well on track,” Lagarde said at the International Monetary Fund’s annual meeting in Washington.
“Recent indicators of economic activity have surprised somewhat to the downside and financing conditions remain restrictive,” she said.
Article Source – Euro zone disinflation on track, Lagarde says – RTE