Lagarde sees more disinflation but seeks proof of return to 2%

Lagarde sees more disinflation but seeks proof of return to 2%

Christine Lagarde, President of the European Central Bank.

European Central Bank President Christine Lagarde said the retreat in inflation in the eurozone will continue but that she and her colleagues need to see more evidence that price growth is returning to their goal.

Addressing European Union lawmakers in Strasbourg, Lagarde said wage pressures remain strong, reiterating that salaries will likely become an increasingly important driver of price dynamics in the coming quarters.

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