ECB President Lagarde (Q&A) says ECB has projected undershooting of inflation in 2026 for a long time; in December, our forecasts moved back on track; medium-term, inflation is seen at 2% in 2027 and 2028
- Services inflation is declining a bit now
- ECB will have more data in March
- There is nothing that changes the baseline
- Reiterates will look at several data points, not one
05 Feb 2026 - 14:14- Fixed IncomeImportant- Source: ECB
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