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Lagarde Says Euro-Area Economy Is Resilient, Digital Euro Imminent

ECB President Christine Lagarde said September’s euro-area inflation rate was 3.8%, largely reflecting high energy costs that the ECB expects to ease next year. She said an energy shock is expected to keep inflation above the bank’s target through the first half of…

European Central Bank President Christine Lagarde said September’s 3.8% euro area inflation rate largely reflected high energy costs, which the ECB expects to ease next year.Lagarde said while an energy shock is expected to keep euro-area inflation above the bank’s target through the first half of…