Ready to play
Ready to play
The President of the European Central Bank, Christine Lagarde, stated that the current inflation shock in the Eurozone is significant but not sufficient to raise long-term inflation expectations or cause serious effects. There are no indications so far of inflation expectations becoming unanchored or of a strong response from monetary policy. She pointed out that the current situation requires a carefully considered adjustment in monetary policy, despite the shock being less severe compared to the periods of 2021-2022, amid some economic challenges such as rising energy costs and supply chain issues.
Notice: This Is an AI-Generated Summary
Comments (0)