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Remarks on the euro area economy

· 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, climate, energy and nature, trade, fragmentation and geopolitics, growth, investment and productivity

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· Christine Lagarde Wiki · European Central Bank WikiRemarks on the euro area economy

ContextRemarks by Christine Lagarde on the euro area economy at the Welt/Axel Springer "Wirtschaftsgipfel" in Berlin.

Why it mattersLagarde explains the faster end of asset purchases.

Problems raised
  1. The war lowers growth and raises inflation.
  2. Energy prices surge.
  3. Confidence is weaker.
Solutions proposed
  1. Conclude net asset purchases in Q3.
  2. Adapt to the outlook.
  3. Keep policy flexible.
Read full speech on ecb.europa.eu ↗

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