ECB’s Lagarde: Inflation Target “Reached”, Uncertainty Down 50%

20 September 2025

By Marta Vilar – COPENHAGEN (Econostream) – European Central Bank President Christine Lagarde said on Saturday that the ECB had reached its inflation target and that uncertainty had halved.

In an interview with Danish broadcaster DRTV, Lagarde said that “[i]nterest rates have to target an inflation level, which we do target, and which we have now reached.”

The ECB would be “reasonably satisfied” if it could keep prices stable or limit the increase of general prices to the target of 2%, she said.

Uncertainty had decreased by 50%, according to Lagarde, who said that this was a “significant improvement from where we were.”

Companies were “going to adjust” to higher tariffs, she said, adding that if these were lower it would of course be “more convenient.”

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