Remarks at G30 dinner
· Christine Lagarde, President of the European Central Bank (Euro area (EU))
Summary written by Dark Majestic in its own words · topics: monetary policy and interest rates, inflation and price stability, technology, ai and cyber risk
CL · Christine Lagarde Wiki · European Central Bank WikiRemarks at G30 dinnerContextRemarks by Christine Lagarde at the G30 dinner in Amsterdam.
Why it mattersLagarde explains the June hike as inflation stays too high for too long.
Problems raised- Inflation is projected to remain too high for too long.
- Underlying inflation remains strong.
- The full effect of tightening is still to come.
Solutions proposed- Raise rates by another 25 basis points.
- Keep policy tight enough to return inflation to target.
- Base decisions on data and transmission of policy.
Read full speech on ecb.europa.eu ↗More from Christine Lagarde · European Central Bank · all speeches
More speeches by Christine Lagarde
Other leaders on monetary policy and interest rates
