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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, public finances and debt, trade, fragmentation and geopolitics

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

ContextStatement by Christine Lagarde before the European Parliament's Committee on Economic and Monetary Affairs, as part of the regular Monetary Dialogue.

Why it mattersLagarde tells Parliament the ECB will act against fragmentation.

Problems raised
  1. The war casts a shadow over Europe.
  2. Fragmentation risks threaten transmission.
  3. Inflation is high.
Solutions proposed
  1. Continue normalising policy.
  2. Act against fragmentation.
  3. Keep fiscal support targeted.
Read full speech on ecb.europa.eu ↗

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