Lagarde: euro-area resilient, digital euro coming

AI-generated briefing · First published

ECB chief says inflation will stay above target until mid-2027 but a measured policy is appropriate.

European Central Bank President Christine Lagarde told ministers in Thailand that sound public finances are essential for stability and that the euro-area economy remains resilient. [1] [2]

She said September’s 3.8% inflation largely reflects high energy costs expected to ease next year, yet an energy shock will keep inflation above target through the first half of 2027. [2]

Lagarde added that the ECB is preparing a digital euro to complement cash and stimulate innovation in retail payments. [2]

Sources

  1. Lagarde Says Sustainable Finances Key for Economic Stability

    Bloomberg · · Summary only

  2. Lagarde says euro-area economy is resilient, digital euro imminent

    Cointelegraph · · Full text

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