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The ECB's Lagarde: We are not too worried about exporting inflation to Europe


  • We are confident that the target will have inflation in 2025
  • Let's see if this year's early rates will reduce services inflation
  • We don't see ourselves as being behind the curve
  • The euro exchange rate will be interesting, it may have an impact
  • Gradual movements in rates come to mind now

Her comments are consistent in increasing rate cuts for January and also for March next as well. Expect this to be repeated at the press conference following the policy decision next week. EUR/USD is still slightly lower on the day, currently down 0.15% to 1.0413.

This article was written by Justin Low at www.forexlive.com.



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