Lagarde Drops a Bombshell: Why the Disinflation Era Just Hit a Dead End—and What It Means for Your Wallet

Ever wonder what it feels like when the European Central Bank hits the pause button on interest rates, even as the economic winds swirl unpredictably? Well, Christine Lagarde just laid it all out—decidedly steady, yet far from set in stone. She’s telling us the disinflation game has wrapped up, inflation’s cruising right where they want it, and the economy’s flexing some serious resilience. The best part? This wasn’t a divided call—the decision was unanimous. It’s like watching a high-stakes poker game where everyone’s holding back, yet ready to pivot the moment the cards change. Intrigued by the subtleties of this tightening-limbo dance? Dive into the details and the real talk from the ECB itself. LEARN MORE.

Christine Lagarde, President of the European Central Bank (ECB), explains the ECB’s decision to leave key rates unchanged at the September policy meeting and responds to questions from the press.

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Key quotes

“Disinflationary process is over.”

“We are still in a good place.”

“Inflation is where we want it to be.”

“Domestic economy is showing resilience.”

“We are not on predetermined path.”

“The decision was unanimous.”