European Central Bank chief economist Lane spoke earlier:

Now in Q&A

  • Central banks try to hit inflation in the medium term
  • Inflation over 2% is costly for the economy
  • Says won’t be speculating on future European Central Bank policy moves
  • the most efficient wat to tighten monetary policy is via interest rates

EUR/USD is not doing a lot so far during the session, Its still early though.

Source: https://www.forexlive.com/centralbank/ecbs-lane-inflation-over-2-is-costly-for-the-economy-20230921/