Lagarde speech: Phase of rising inflation will last longer than originally expected

Christine Lagarde, President of the Europen Central Bank (ECB), added to her earlier comments on the monetary policy outlook at the post-meeting press conference:

Key quotes:

  • The phase of rising inflation will last longer than originally expected.
  • This reflects energy, recovery demand outpacing supply.
  • Medium-term inflation is still seen below the 2% target.

About the Author

You may also like these