Lagarde: Slight deviation of inflation from 2% does not necessarily prompt the European Central Bank to take action.

Christine Lagarde, President of the European Central Bank, stated that if the inflation rate only slightly deviates from the 2% target, and if this deviation is mild and not persistent, it may not necessarily be a reason for the central bank to take any specific action. "The sovereign bond market in the Eurozone is operating smoothly and liquidity is good. This is what we have observed," she said, adding that quantitative tightening is progressing "smoothly."