- ECB president Lagarde: ECB should see through temporarily higher inflation
Market news
21 May 2021
ECB president Lagarde: ECB should see through temporarily higher inflation
- Believes that Eurozone is in a recovery process
- But the recovery is still uncertain
- Given uncertainty, supportive policies remain necessary for months to come
- Euro area will go back to pre-virus levels in 2022
- Inflation rise this year is temporary
- ECB is closely monitoring the rise in yields
- It's too early to debate long-term issues, too early to ask medium-to-long-term questions
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