Lagarde: "Pretty confident" that by end-2023 inflation numbers will look different

<ul><li>Disinflation has to be 'timely' and 'sustainable'</li><li>German growth not broken and demonstrating resilience</li><li>Proximity to war in Ukraine part of the reason for differing economic paths for US and Europe</li><li>Changing inflation target would be 'deceptive' and counter to anchoring expectations</li></ul><p>That's a dovish headline from Lagarde, though hardly a signal about a Sept pause.</p>

This article was written by Adam Button at www.forexlive.com.