ECB's Lagarde: In all scenarios, inflation is still expected to decrease progressively

  • Comments from the ECB President
Lagarde meme money
  • Inflation is still expected to decrease progressively and settled at levels around our 2% inflation target in 2024
  • Uncertainty around the outlook has increased significantly
  • Economy should still grow robustly in 2022
  • If the incoming data support expectation that the medium-term inflation outlook will not weaken even after the end of net purchases, we will conclude net purchases in the third quarter
  • War would lower growth and raise inflation via higher energy and commodity prices

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