European Central Bank Approaches Inflation Target, But Challenges Remain, Says Lagarde

The President of the European Central Bank (ECB), Christine Lagarde, has expressed cautious optimism regarding the progress toward the bank's inflation targets. In a recent statement, she acknowledged that the goal set for inflation is within reach, yet emphasized that the battle against rising prices in the eurozone is far from over. As inflation rates are gradually declining, the ECB remains vigilant about potential risks that could derail this momentum.

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