Christine Lagarde: “Headline inflation is expected to return to around target towards the end of 2027, supported by the effects of higher…”

We have not debated at all any kind of future path. Markets do what they have to do and we do what we have to do – which is to provide price stability.

I think fair use would consist of an operational loan that would be using cash balances as collaterals.

Forecasts showing inflation remaining above the ECB’s 2 per cent target without further policy action...

This was a decision based on what we saw in front of us.