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Euro zone inflation to stabilise at ECB target, Lagarde says

By Thomson Reuters Feb 9, 2026 | 11:15 AM

FRANKFURT, Feb 9 (Reuters) – Euro zone inflation is ‍expected to stabilise at the European Central Bank’s 2% ‌target after dipping ‌below it this year, but the environment remains uncertain, ECB ​President Christine Lagarde said ‍on ​Monday.

“Our updated ​assessment reconfirmed that ‍inflation should stabilise at our 2% target in the medium ‍term,” she told European lawmakers in ‍Strasbourg. “In ‍the current ​uncertain environment, ​our ⁠data-dependent, meeting-by-meeting approach ‌to monetary policy serves us well.”

(Reporting by Balazs KoranyiEditing by Tomasz ⁠Janowski)