![Lagarde Jan 25](https://images.forexlive.com/images/Lagarde%20Jan%2025_id_963b8729-cf9b-4bd1-8fa4-d9c0b047e10e_original.jpg)
- We have to get to 2% inflation sustainably
- ECB must play its role in climate transition
The ECB is falling behind the curve.
More broadly, the US dollar is beginning to pick up as yields tick higher and stocks tick lower. The moves are small so far and only slightly reverse the earlier USD selling.