European Central Bank President Christine Lagarde said in an interview published on Sunday that she was confident the ECB would meet its target of getting inflation back down to 2%, and relatively confident over Europe’s gas reserves situation. Last month, the ECB raised its key interest rate to a record high of 4%. “The key ECB interest rates have reached levels that, maintained for a sufficiently long duration, will make a substantial contribution to the timely return of inflation to the target,” Lagarde said in an interview published on Sunday in French paper La Tribune Dimanche. The ECB’s website clarified …
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