(Feb 26): President Christine Lagarde repeated that the European Central Bank (ECB) has succeeded in taming consumer prices, while cautioning that policymakers must keep an eye on elevated perceptions of inflation. “Our efforts to bring inflation down have been effective,” Lagarde said. They forecast inflation to stabilise at the 2% target over the medium term and growth to pick up. However, perceived inflation is higher than actual readings, according to the latest Consumer Expectation Survey. “The ECB pays close attention to households’ inflation perceptions — not only because these have an impact on economic activity and expectations, but also to ensure that we continue to earn the trust of the people we serve,” Lagarde said.

Source: The Edge Markets February 26, 2026 09:29 UTC