ECB can review inflation goal once it's achieved, Lagarde says
Tweet
Share
E-mail
FILE PHOTO: European Central Bank (ECB) President Christine Lagarde speaks during a news conference following the ECB's monetary policy meeting in Frankfurt, Germany March 16, 2023. REUTERS/Heiko Becker
FRANKFURT (Reuters) - The European Central Bank can discuss changing its 2% inflation goal but only after it brings down inflation to that level, ECB President Christine Lagarde said on Monday.
"At the moment... there is absolutely no reason to change that 2% medium-term objective," Lagarde said at the Council on Foreign Relations in New York.
"Once we get there, once we are confident that is stays there, we can discuss."
(Reporting by Francesco Canepa; Editing by Mark Heinrich)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Factbox-Bear encounters are on the rise. Here's what to do if you meet one
- Mutinous soldiers attack airport, presidency in Niger capital, sources say
- Russian strike on Kyiv-area warehouse sparks detonation, killing 37
Create E-mail Alert Related Categories
ReutersRelated Entities
European Central BankSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
