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Trade war would cloud euro zone's inflation path, ECB's Lagarde says

ReutersFeb 10, 2025 4:45 PM

- Trade frictions would make the euro zone's inflation outlook "more uncertain", European Central Bank's President Christine Lagarde said on Monday.

"Inflation is set to return to our 2% medium-term target in the course of this year, with risks on both the upside and the downside," Lagarde told European lawmakers. "Greater friction in global trade would make the euro area inflation outlook more uncertain," she said, repeating the ECB's official line.

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