Banca March: The ECB expects to reach the 2% inflation target this year. This was stated yesterday, Wednesday, by the President of the institution, Christine Lagarde, on the X social network. It should be recalled that price growth slowed down last year, even falling below the ECB’s target in September, although prices have picked up again in recent months. The slowdown has allowed the monetary authority to cut interest rates in four quarter-point movements, with a further four cuts expected this year. The official price of money closed 2024 at 3%, its lowest level since March 2023.
ECB expects to reach 2% inflation target this year
