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Euro zone inflation to stabilise at ECB target, Lagarde says

Euro zone inflation to stabilise at ECB target, Lagarde says

European Central Bank (ECB) President Christine Lagarde addresses the press following the ECB's Governing Council meeting, at the ECB headquarters in Frankfurt, Germany, February 5, 2026. REUTERS/Jana Rodenbusch

Euro zone inflation is expected to stabilise at the European Central Bank’s 2% target after dipping below it this year, but the environment remains uncertain, ECB President Christine Lagarde said on Monday.

“Our updated assessment reconfirmed that inflation should stabilise at our 2% target in the medium term,” she told European lawmakers in Strasbourg. “In the current uncertain environment, our data-dependent, meeting-by-meeting approach to monetary policy serves us well.”

 

(Reporting by Balazs Koranyi)

 

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Top news

  • Euro zone inflation to stabilise at ECB target, Lagarde says
  • Switzerland had emotional reaction to 2023 crisis, UBS CEO says
  • Imec opens 2.5 billion euros chip pilot line as Europe looks to strengthen AI hand
  • NatWest to buy Evelyn Partners in $3.68 billion bid to break crowded wealth market
  • EU threatens temporary measures to stop Meta blocking AI rivals from WhatsApp
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