The European Central Bank (ECB) is confident in its ability to achieve a sustainable 2% inflation target and expects to reach this goal sooner than previously forecasted.

The governor of the Bank of France emphasized that policymakers are committed to using data-driven strategies to prevent excessive inflation decline in the future.

In October, inflation rates were at 2%, but projections suggest a potential acceleration in price gains before stabilizing at the ECB's target. This reflects the central bank's proactive approach to managing inflationary pressures in the Eurozone.