ECB's Lagarde: Inflation increasingly likely to stabilise at 2% target over medium-term

• We have scope to adjust policy in a timely fashion should we see risks of excess inflation extending into the medium-term
• We are keeping open the option to take any necessary measures should the economic consequences of the war escalate and stifle the current recovery path
• Can design new instruments to secure monetary policy transmission as we move along the path of normalisation

Well, she certainly sounds ambitious or should I say in denial? In any case, inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term is already right at the ECB's door step and they are still taking their own sweet time to greet it. That said, they probably know very well that any action taken is not going to do much to solve the root of the problem - as is the case with the Fed.