Lagarde Says Future Shocks May Push Inflation Away From Target

European Central Bank President Christine Lagarde said the euro area is more likely to face shocks in the coming years that could cause inflation to deviate from the central bank’s target. According to Jin10, Lagarde made the remarks while discussing the inflation outlook over the next few years. She did not provide additional details on the nature of the potential shocks or specify a timeline beyond the reference to the coming years.