European Central Bank President Lagarde: Uncertainty is reduced but still needs to be dealt with

According to Jinshi data, European Central Bank President Lagarde said in an interview that the European Central Bank has achieved its price control target, but the outlook remains uncertain. Even though the EU and the United States reached a tariff agreement, the situation is easier to predict than before Trump imposes tariffs. Lagarde said the level of uncertainty has dropped by about 50%, but it still needs to be dealt with. The ECB kept borrowing costs unchanged last week, after cutting interest rates eight times in a year. Policymakers expect inflation to stabilize at around 2%, and the economy will gain momentum in the coming quarters. Some officials believe there is no need for further easing of monetary policy, but suggest that more measures are not ruled out.