Frankfurt, Germany, Sept 30, 2024 (AFP) - ECB's Lagarde more confident on inflation decline

NAMPA / AFP

2024-09-30

European Central Bank president Christine Lagarde said Monday that recent developments had confirmed her belief that inflation would soon return to the bank's two-percent target. Recent indicators "strengthen our confidence that inflation will return to target in a timely manner", Lagarde said at a European Parliament hearing. German data published Monday showed inflation at 1.6 percent in September, though it was expected to rise again towards t......

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