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MNI BRIEF: ECB To Keep 2% Infl'n Target In '25 Strategy Review

ECB President Lagarde says no change to inflation target in review of strategy.
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MNI (LONDON)

The European Central Bank will stick to its 2% symmetric inflation target as part of its 2025 Strategy Review, President Christine Lagarde confirmed in a speech on Friday.

Lagarde emphasized the need for the ECB to continuously reassess its analytical framework to adapt to a changing economic landscape, highlighting the importance of managing uncertainty from structural shifts such as global fragmentation and digitalization, while improving how the central bank incorporates risk assessments. This includes balancing baseline forecasts with real-time data, using alternative scenarios, and maintaining a medium-term orientation.

 
 
 
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MNI (LONDON)

The European Central Bank will stick to its 2% symmetric inflation target as part of its 2025 Strategy Review, President Christine Lagarde confirmed in a speech on Friday.

Lagarde emphasized the need for the ECB to continuously reassess its analytical framework to adapt to a changing economic landscape, highlighting the importance of managing uncertainty from structural shifts such as global fragmentation and digitalization, while improving how the central bank incorporates risk assessments. This includes balancing baseline forecasts with real-time data, using alternative scenarios, and maintaining a medium-term orientation.

 
 
 
ReplyForward
Keep reading...Show less