ECB Within Reach of 2% Inflation Goal, Lagarde Tells Xinhua
The European Central Bank is approaching its goal for consumer-price growth, President Christine Lagarde said, warning of uncertainty emanating from US tariffs.
'Our primary responsibility at the ECB is price stability, and this is clearly defined in our strategy,' Lagarde told the Xinhua News Agency. 'We are within reach of the 2% medium-term inflation target that we have defined as price stability. But we cannot have price stability if we do not have financial stability.'
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