While the most challenging part is over, much still needs to be done. It is true that the situation so far has improved, and\u00a0even in unsuspecting times,\u00a0the central bank saw inflation normalizing in 2025<\/a>. This year,\u00a0the ECB “will continue in our efforts to ensure that inflation stabilizes at 2 percent<\/strong>.” It\u00a0is the next step in the ECB’s monetary policy, which fulfills\u00a0the institution’s\u00a0mandate of ensuring price stability.<\/p>\n Without going into detail, Lagarde said she was ready to “revise our monetary policy<\/strong>” so we can “respond better to a changing world.” On the one hand, it means possible new interest rate cuts should inflation remain at the expected and desired levels and, on the other,\u00a0measures to respond to potential shocks.<\/p>\n The ECB president anticipates it will not be an easy year, acknowledging\u00a0that the agenda is\u00a0“broad.” Uncertainties remain related to geopolitical tensions, the possible choices of the\u00a0incoming US administration, and the energy issue, as Ukraine announced that it will not renew its Russian gas transit contract.<\/p>\n","protected":false},"excerpt":{"rendered":" In her message at the start of the year, President Christine Lagarde charts the course: “Significant progress in 2024, now it’s time to complete the work”<\/p>\n","protected":false},"author":494,"featured_media":262439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25705,25727],"tags":[26152,28794,29550,26151,25828,26107,26153],"class_list":["post-415448","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-in-the-spotlight","tag-christine-lagarde-en","tag-ecb-en-2","tag-area-euro-en","tag-bank-central-en-en","tag-eurozone-en","tag-inflation-en","tag-tassi-di-interesse-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/415448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/494"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=415448"}],"version-history":[{"count":4,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/415448\/revisions"}],"predecessor-version":[{"id":415464,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/415448\/revisions\/415464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/262439"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=415448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=415448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=415448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![](\"https:\/\/www.eunews.it\/wp-content\/uploads\/2025\/01\/lagarde-250101-1024x576.png\")
<\/a>