Finance › Speeches › Christine Lagarde

Monetary policy in the euro area: attentive and focused

· 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 WikiMonetary policy in the euro area: attentive and focused

ContextSpeech by Christine Lagarde at the public discussion "Inflation kills democracy", marking the centenary of Germany's 1923 currency reform, organised by the German Finance Ministry.

Why it mattersLagarde links price stability to the health of democracy.

Problems raised
  1. Price instability damages the foundations of democracy.
  2. Inflation hurts the poorest households the most.
  3. Inflation in the euro area is still too high.
Solutions proposed
  1. Remain focused on bringing inflation back to 2%.
  2. Keep rates at sufficiently restrictive levels for long enough.
  3. Stay attentive to incoming data.
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