Germany's Laschet says trusts ECB to keep inflation in check

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Armin Laschet, the conservative candidate bidding to succeed German Chancellor Angela Merkel in this month's election, said he was confident the European Central Bank (ECB) would achieve price stability, as accelerating inflation hits savers.

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This year, the ECB expects inflation of 2.2%, above its 2% target, before falling to 1.7% in 2022 and 1.5% in 2023.

In an attack on his main opponent, Social Democrat chancellor candidate and Finance Minister Olaf Scholz, Laschet intensified his criticism over a money-laundering probe that has involved raids on Scholz's ministry.

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