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: 20.03.2026 Expectation: 500 pips
Buying Brent crude with $105 in view
Today at 07:49 AM 5
Period: 31.03.2026 Expectation: 7000 pips
Selling BTCUSD down to $63,000
Yesterday at 11:27 AM 33
Period: 19.03.2026 Expectation: 300 pips
Selling NG on record production and milder weather forecasts
Yesterday at 11:17 AM 29
Gold sell
Period: 16.03.2026 Expectation: 150 pips
Selling gold in short term with $5,000 target
Yesterday at 06:40 AM 40
Period: 19.03.2026 Expectation: 17000 pips
ETHUSD selloff targets $2,150 as capital flight continues
Yesterday at 06:25 AM 19
Gold buy
Period: 31.03.2026 Expectation: 6000 pips
Investing in gold if US CPI drops below expectations
Yesterday at 05:15 AM 22
Go to forecasts