ECB President LAGARDE said on Monday euro-area inflation is on an "intermediate path" that requires a moderate policy response. She said the shock is material but a measured response is appropriate. LAGARDE added she expects inflation to rise but cur

2026-09-28

ECB President LAGARDE said on Monday euro-area inflation is on an "intermediate path" that requires a moderate policy response. She said the shock is material but a measured response is appropriate. LAGARDE added she expects inflation to rise but currently sees no signs of it becoming entrenched and no evidence that Higher energy prices are passing through into wages.