ECB President Says Long-Term Inflation Expectations Remain Anchored

ECB President Christine Lagarde said long-term inflation expectations remain broadly well anchored and in line with the 2% target. She added that officials are particularly attentive to second-round effects and will follow a data-dependent, meeting-by-meeting approach.

Lagarde stressed that expectations have stayed consistent with the central bank's goal despite recent price pressures. The comments come as officials continue to monitor incoming data for signs of persistent inflation.

Officials will assess each meeting separately rather than committing to a fixed path, Lagarde stated. This approach allows flexibility as new economic figures are released. "Long-Term Inflation Expectations Broadly Well Anchored - We're Particularly Attentive To Second-Round Effects - To Follow Data-Dependent, Meeting By Meeting Approach" — ECB President Christine Lagarde