Lagarde Reaffirms Cautious ECB Stance as Eurozone Inflation Tops 3%

ECB President Lagarde reiterated a cautious monetary policy approach as eurozone inflation exceeded 3% this year, signaling no imminent shift toward easing. The statement suggests the ECB remains vigilant against persistent price pressures, potentially delaying rate cuts. Markets will watch for further data to gauge the timing of any policy adjustment.