Central Banks

Lagarde Says ECB Has Done a Lot on Rates, Is in ‘Good Place’

European Central Bank President Christine Lagarde during a farewell symposium for former De Nederlandsche Bank NV President Klaas Knot on Oct. 3. — European Central Bank President Christine Lagarde during a farewell symposium for former De Nederlandsche Bank NV President Klaas Knot on Oct. 3.
Photographer: Lina Selg/Bloomberg

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By Alessandra Migliaccio

October 3, 2025 at 2:27 PM UTC

European Central Bank President Christine Lagarde suggested that she’s comfortable with the current policy settings as inflation in the euro area remains broadly stable.

“We are in a good place and we have to make sure that we stay in that good place,” she told Finland’s MTV OY in an interview aired on Friday, echoing previous comments. “There is no preset pace.”