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Lagarde says ‘impossible’ that always meets the target of inflation for ECB


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European Central Bank President Kristin Lagarde said that 2 percent more often will miss the inflation target because they have to fight the ECB’s probability and politicians’ very high “uncertainty.

A week later, a week after a week, the price of a quarter of six percent, the benchmark, which reduces the interest rate of 2.5 percent, said a possible slowdown signal for debt expenditures. Lagarde He warned the environment to “be impossible” to guarantee the “heading inflation” to always be 2 percent. “

The purpose of the ECB “Inflation is always in the average term,” he said in a conference on Wednesday.

Lagarde stressed that higher public debt defends and infrastructure, as well as potential COMPRESSION WAREHEEE COMPLETE US “Inflation can increase more inflation and variability.”

The euro area can be particularly sensitive, “can be sensitive to” as high as “larger shocks of global trade and energy imports. Larger shocks can come with the risk of inflation can be more sticky.

The President of the ECB said that Germany and other Eurozone can create a “new, two-sided blows” that can moisten or accelerate inflation to increase defense and infrastructure spending by countries.

“The direction of shocks is more difficult to predict,” he said.



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