Free Trial
ASIA

Coming up in the Asia-Pac session on Tuesday:

USDCAD TECHS

Corrective Bounce

AUDUSD TECHS

Bearish Threat Following Friday’s Sell-Off

EURJPY TECHS

Finds Support Below The 50-Day EMA

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

MNI BRIEF: Eurozone Inflation Close to Highs: Lagarde

(MNI) London

ECB President Christine Lagarde said price increases look close to the top of the hump and will decline in the coming year.

True
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Inflation will decline over 2022 as it gets over the current 'hump' European Central Bank President Christine Lagarde said Friday. Speaking at an event hosted by Reuters, Lagarde said prices will decline over the coming year, with price increases now likely at or close to their apex.

With many factors set to lessen the upside pressure in 2022, including a likely easing in energy costs, Lagarde said prices will fall towards the ECB's target over the year, although she said the end year level would depend on how soon prices start to ease.