Central Banks

Lagarde Says ECB Will Get Inflation Down to 2% Target in 2025

  • ECB president says she doesn’t worry about political pushback
  • Central bank has hit pause on lengthy string of rate hike

Customers at a cafe in Athens, Greece.

Photographer: Yorgos Karahalis/Bloomberg
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European Central Bank President Christine Lagarde said that slowing inflation is “certainly our forecast” and that the institution is determined to return prices to its target.