2 December 2022 | Other

Lagarde from the ECB believes in the need to make inflation back to the target level

European Central Bank President Christine Lagarde stated that inflation expectations should not change. People should be confident that price growth will return to the target level.

On Friday in Bangkok, she said that even in conditions of uncertainty, central banks should follow monetary policy to keep expectations linked to the target level.

At a conference organized by the Bank of Thailand and the Bank for International Settlements, Lagarde said that the best thing central banks can do in current conditions is to inform the public that in all scenarios inflation will return to its medium-term target on time.

The last ECB meeting of the year will be on December 14-15. It is under everyone's attention, as officials will decide whether to raise interest rates for the third time in a row by 75 basis points or ease the rate to half a point. Last month, inflation slowed for the first time in 1.5 years, causing a small move.

At the beginning of the week, Lagarde said that a peak in price increases would cause her great amazement. At the same time, some of her opponents at the ECB say that they are worried about prematurely ending the campaign of bringing inflation back under control.

Company MarketCheese
Period: 19.12.2025 Expectation: 550 pips
AUDCAD trapped in consolidation zone
Yesterday at 10:09 AM 22
Period: 19.12.2025 Expectation: 600 pips
GBPUSD sees 1.345 level as next target
Yesterday at 09:07 AM 33
Period: 31.12.2025 Expectation: 75 pips
Accumulate Brent crude to cover price gaps
Yesterday at 07:01 AM 29
Period: 19.12.2025 Expectation: 140 pips
Brent crude gains as oil supply surplus beats record in 2026
Yesterday at 06:17 AM 12
Period: 31.12.2025 Expectation: 26000 pips
Bright outlook for crypto market pushes ETHUSD higher
Yesterday at 04:51 AM 39
Gold buy
Period: 31.12.2025 Expectation: 800 pips
Buying gold from $4,230 support
Yesterday at 04:51 AM 51
Go to forecasts