Central Banks

ECB’s Lagarde Says Fight Against Inflation Isn’t Over Yet

Confident ‘we are on a journey to bring inflation back to 2%’
ECB president speaks in interview with Greece’s Antenna TV

Christine Lagarde
Photographer: Hollie Adams/Bloomberg

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By Sotiris Nikas and Paul Tugwell

October 25, 2023 at 4:32 PM UTC

Updated on

October 25, 2023 at 5:58 PM UTC

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European Central Bank President Christine Lagarde said the battle to tame consumer-price gains isn’t over, but she has confidence they can be returned to 2%.

“We are not done yet,” Lagarde told Greece’s Antenna TV in comments aired Wednesday. “And we need to really bring inflation back to 2% in the medium term because that’s our target and that’s the price-stability mission that we have.”