In her regular post-meeting press conference, ECB President Christine Lagarde said that Eurozone growth had moderated but was expected to rebound strongly in 2022.
Additional comments:
“The labor market is improving.”
“The shortage is restricting activity, and it’s a headwind in the short term. “
“The public health crisis is ongoing.”
“The high inflation is largely due to energy.”
“The inflation will decrease next year“.
“Inflation will remain high in the short term.”
“It continues to be seen medium-term inflation below target.”
“Inflation is expected to settle below target.”
“Progress towards the goal allows a step-by-step QE reduction.”
“Relaxation is still necessary.”
“You need flexibility or optionality.”
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