Finance
ECB's Lagarde says 2% inflation target in reach
Published by Global Banking & Finance Review®
Posted on June 15, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
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Published by Global Banking & Finance Review®
Posted on June 15, 2025
1 min readLast updated: January 23, 2026
ECB's Lagarde states the 2% inflation target is achievable, emphasizing financial stability. ECB projects 2.0% inflation by 2025.
(Reuters) -The European Central Bank's inflation target of 2% is in reach, ECB President Christine Lagarde was quoted as saying in an interview published on Saturday.
In the interview with China's Xinhua news agency earlier this week which was released on the ECB website, Lagarde said financial stability was a prerequisite for price stability.
"We are within reach of the 2% medium-term inflation target that we have defined as price stability," she said.
Earlier this month, the ECB lowered its inflation forecasts for this year and next in the 20-nation euro zone, projecting inflation of 2.0% in 2025 and 1.6% in the coming year.
Lagarde also noted that the ECB's efforts to create a digital currency were getting to the point where, if lawmakers support the proposal, it should be ready to move forward.
(Reporting by Reuters News; Editing by Toby Chopra)
Christine Lagarde stated that the ECB's inflation target of 2% is within reach, emphasizing that financial stability is crucial for achieving price stability.
The ECB has projected inflation of 2.0% for 2025 and 1.6% for the coming year, indicating a decrease in inflation expectations.
Lagarde mentioned that the ECB's efforts to create a digital currency are progressing, and it could move forward if lawmakers support the proposal.
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