ECB Rates in Good Place, Committed to 2% Goal, Lagarde Tells ARD

The European Central Bank current interest-rate position is appropriate and the institution is fully committed to its 2% inflation target, President Christine Lagarde told ARD.

“Our determination, our commitment, our duty is to keep price stability — and price stability is around 2% inflation,” she told the public broadcaster on Friday. “We have delivered, inflation is measured at 2%, and we will continue doing so.”