ECB’s Lagarde: Inflation risks appear quite contained

European Central Bank President Christine Lagarde said on Tuesday that the eurozone economy is coping with US tariffs better than previously expected, adding that inflation risks remain “quite contained.”

Key Quotes

The risks to inflation appear quite contained in both directions.

We are well placed to respond if the risks to inflation shift or if new shocks emerge that threaten our target.

We are navigating a far more difficult environment than before, which we must also factor into our policy.