· Christine Lagarde Wiki · European Central Bank WikiHearing of the Committee on Economic and Monetary Affairs of the European Parliament
Read full speech on ecb.europa.eu ↗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 that energy support measures fuel inflation.
Problems raised
- Inflation remains too high.
- Energy support measures fuel inflation.
- Stronger policy response may be needed.
Solutions proposed
- Keep raising rates to return inflation to target.
- Roll back energy support measures promptly.
- Coordinate fiscal and monetary policy.