PARIS, Oct 8 — European Central Bank President Christine Lagarde said in an interview published today that she was confident the ECB would meet its target of getting inflation...
European Central Bank President Christine Lagarde looks on as she attends the European Parliament's Committee on Economic and Monetary Affairs, at the European Parliament, in Brussels September 25, 2023. — Reuters picPARIS, Oct 8 — European Central Bank President Christine Lagarde said in an interview published today that she was confident the ECB would meet its target of getting inflation back down to 2 per cent, and relatively confident over Europe’s gas reserves situation.
She added that other reasons for this were economic reforms underway in Europe, and because Europe’s gas reserves situation was better than before. “Structural reforms are being put in place. And, just one year ago, who would have thought that we would succeed in replenishing more than 90 per cent of our gas reserves by September 2023?” said Lagarde.
“This allows us to look towards the coming winter, if not calmly, then at least with a lot more confidence,” she added. — Reuters
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