Finance
Euro zone inflation to stabilise at ECB target, Lagarde says
Published by Global Banking & Finance Review®
Posted on February 9, 2026
1 min readLast updated: February 9, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 9, 2026
1 min readLast updated: February 9, 2026
ECB President Lagarde forecasts Euro zone inflation to stabilize at 2%, despite current uncertainties, ensuring alignment with ECB's target.
FRANKFURT, Feb 9 (Reuters) - Euro zone inflation is expected to stabilise at the European Central Bank's 2% target after dipping below it this year, but the environment remains uncertain, ECB President Christine Lagarde said on Monday.
"Our updated assessment reconfirmed that inflation should stabilise at our 2% target in the medium term," she told European lawmakers in Strasbourg. "In the current uncertain environment, our data-dependent, meeting-by-meeting approach to monetary policy serves us well."
(Reporting by Balazs KoranyiEditing by Tomasz Janowski)
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. Central banks attempt to limit inflation to maintain stable economic growth.
Monetary policy refers to the actions undertaken by a nation's central bank to control money supply, interest rates, and inflation to achieve macroeconomic objectives.
The European Central Bank (ECB) is the central bank for the euro and is responsible for monetary policy within the Eurozone, aiming to maintain price stability.
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