ECB's Lagarde Confident Inflation Will Fall to 2% Target, Cites Full Gas Reserves and Economic Reforms As Reasons for Optimism

ECB President Lagarde said she is confident the ECB will meet its 2% inflation target.

Lagarde said in an interview that key ECB interest rates at current high levels will help bring inflation down.

Lagarde cited falling inflation rates currently as one reason she's not pessimistic about the economic outlook.

Lagarde said economic reforms underway in Europe are another reason she's confident about the economy.

Lagarde said Europe having over 90% of gas reserves replenished allows her to view the coming winter with more confidence.