Unpacking ECB’s Lagarde: A Deep Dive into Inflation, Domestic Drivers, and External Sources
ECB’s Lagarde on Inflation: Domestic Drivers Overtake External Sources Introduction In her address to European Parliament’s Committee on Economic and Monetary Affairs, ECB President Christine Lagarde noted that the fall in October’s inflation to 2.9% was due to both “general decline” and “base effects,” with non-energy and non-food inflation continuing to moderate. However, domestic inflation,…