ECB's Lagarde signals inflation relief, urges push for a digital euro
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Euronews.com
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Christine Lagarde, President of the ECB, addressed European policymakers, stating that inflation is easing and recent rate cuts are effective, but uncertainty remains due to trade frictions and geopolitical tensions. Eurozone inflation fell to 2.5% in January, down from 5.5% a year earlier. Despite progress, Lagarde emphasized a cautious approach and the urgency of advancing the digital euro to reduce reliance on external providers. The eurozone economy showed weak growth in 2024, with a 0.9% GDP rise, and while labor markets are resilient, consumer spending is hesitant. Lagarde called for European unity to tackle economic challenges. Teljes cikk (Euronews.com)