President of the European Central Bank, Christine Lagarde, stated that the struggle against inflation is close to completion, but not yet victorious. "Our fight against inflation is nearing completion, but it is not finished, the task is not completed," Lagarde said to European lawmakers in Brussels on Wednesday. "We still have some work to do, but we are close to our goal, which will mean we start looking further ahead than in the past few years." The European Central Bank is about to enter a one-week pre-meeting quiet period, and Lagarde's remarks have intensified the heated discussion regarding the speed and extent of interest rate cuts.