Inflation drivers will gradually ease in 2022


Inflation in the Paris-Eurozone is expected to ease key factors such as rising energy prices and supply bottlenecks, so it will gradually decline throughout the year, according to European Central Bank (ECB) Governor Christine Lagarde. I told France Interradio.

“This will be stable and gradually eased during 2022,” she said.

Lagarde was asked about his policy to counter price pressures and reiterated that the ECB does not need to act as boldly as the Federal Reserve Board because of different economic conditions.

“The US economic recovery cycle is ahead of that of Europe, so there’s good reason not to act as quickly and cruelly as the Fed can imagine,” he said. Inflation was also higher in the United States. I added that.

“But we’re starting to react, and if numbers, data, and facts demand it, it’s clear that monetary policy measures are ready to react,” she said.

In an interview, Lagarde also commented on recent trends in eurozone yields as Germany’s 10-year bond, considered a key benchmark, surpassed 0% for the first time since 2019.

“If yields rise again, this means that the fundamentals of the economy are improving,” Lagarde said.

Reuters

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