ECB's Lagarde: Eurozone Inflation Near 4%, No Wage Effects Yet
European Central Bank President Christine Lagarde noted that Eurozone inflation is rising due to higher energy prices and is expected to approach 4%. However, second-round wage effects have not yet appeared. Lagarde stressed that the ECB will continue a cautious policy stance and will review interest rate decisions in upcoming meetings to address these inflation developments.
ET Markets·3h ago



