"We have made significant progress in 2024 in bringing down inflation and hopefully 2025 is the year when we are on target as expected and as planned in our strategy," she said in a video posted on X on Wednesday."Of course we will continue our efforts to ensure that inflation stabilizes sustainably at that 2% medium-term target."Euro-area consumer-price growth decelerated over the course of last year and went below the ECB's target in September, though it has ticked up again in recent months and Lagarde has warned that it will fluctuate around its current level in the near term.Still, that slowdown allowed policymakers to cut interest rates in four quarter-point moves and economists predict another four reductions through June.Describing the ECB's 2025 schedule as a "big heavy agenda," Lagarde also highlighted the review of the central bank's monetary policy strategy, the digital euro and the redesign of euro-area banknotes, though the latter project isn't set to be completed this year.-BLOOMBERG

ECB Hopes to Hit 2% Inflation Target in 2025, Says Lagarde

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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which gives digital readers unlimited access to 9,000+ magazines and newspapers for a monthly subscription price. Magzter also has the largest number of stories in the world with its game-changing ezRead 2.0 feature for its apps, which enables smartphone and small-screen mobile users to enjoy magazine content the way it was meant to be enjoyed, with article text that is easy to read and is accompanied by stunning videos and high resolution photography.

{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 88 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.