[Analyst: Lagarde to Face 'Awkward Situation' as Inflation Forecasts Soften While Defending Stable Rates] Jin10 Data, December 18 – Analyst Powell stated that European Central Bank President Lagarde will face an 'awkward situation' today. She will have to explain why most of her colleagues are determined to keep interest rates unchanged for the foreseeable future, even though the latest forecasts from the ECB's internal economists are likely to show that, following the delay in implementing the EU's new carbon pricing plan, inflation is more likely to remain below the 2% target. She is likely to focus on the resilience of the recent economy and the intensity of price increases, rather than providing a more forward-looking perspective.