ECB's Lagarde says confident inflation will reach 2% target

<ul><li>Inflation is not where the ECB wants it</li><li>But on the right path towards 2% target, though no victory yet</li><li>Too optimistic markets not helpful in fight against inflation</li></ul><p>She's steering clear of any outright pushback, unlike recent commentary from her peers. I guess that is one thing to note if you really want to nitpick at the details of her commentary here.</p>

This article was written by Justin Low at www.forexlive.com.