ECB’s Lagarde says confident inflation will reach 2% target

  • Inflation is not where the ECB wants it
  • But on the right path towards 2% target, though no victory yet
  • Too optimistic markets not helpful in fight against inflation

She’s steering clear of any outright pushback, unlike recent commentary from her peers. I guess that is one thing to note if you really want to nitpick at the details of her commentary here.

This article was written by Justin Low at www.forexlive.com. Source