The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 26 October, but earlier comments can still be seen in versions up to that of 25 October. Christine Lagarde (ECB): ‘[T]he level where we are at the moment, if we sustain it for long enough – and we can debate that of course – will make a significant contribution to bringing inflation back to our 2% target in the medium term. Now this is of course the loaded language that we have negotiated amongst ourselves and which tries to express that given ... (full story)