Cipollone: ​​'Loosening of monetary policy if data confirmed' 'Increasingly confident about inflation at 2% by mid-2025' (ANSA) This was stated by ECB board member Piero Cipoll one in a speech on monetary policy in Brussels. “Today, the disinflation process is surrounded by less uncertainty as supply-side shocks reverse and risks to the inflation outlook have balanced out.

We are increasingly confident that inflation will converge to 2%,” he said.