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Hearing of the Committee on Economic and Monetary Affairs of the European Parliament

· Christine Lagarde, President of the European Central Bank (Euro area (EU))

Summary written by Dark Majestic in its own words · topics: inflation and price stability

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· Christine Lagarde Wiki · European Central Bank WikiHearing of the Committee on Economic and Monetary Affairs of the European Parliament

ContextIntroductory statement by Christine Lagarde, by videoconference, before the European Parliament's Committee on Economic and Monetary Affairs.

Why it mattersLagarde confirms the end of pandemic purchases in March.

Problems raised
  1. Inflation is rising.
  2. Pandemic purchases must end.
  3. Europe's integration continues.
Solutions proposed
  1. Reduce asset purchases step by step.
  2. End PEPP net purchases in March.
  3. Build on the Maastricht Treaty.
Read full speech on ecb.europa.eu ↗

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