European Union flags fly as European Central Bank (ECB) President Christine Lagarde speaks to reporters after the Governing Council’s monetary policy meeting in Frankfurt, Germany, September 12, 2024.
Jana Rodenbusch | Reuters
The European Central Bank is “not overly concerned” about the impact of inflation abroad on the eurozone, the institution’s president, Christine Lagarde, told CNBC on Wednesday.
Asked about the potential effect on Europe if inflation rises again in the US, Lagarde said: “If there is inflation again in the United States, it will certainly be a problem for the United States, that is where the first and main consequences will be.”
She added: “We are not overly concerned about exporting inflation to Europe.”
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