A robust strategy for a new era
· 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
CL · Christine Lagarde Wiki · European Central Bank WikiA robust strategy for a new eraContextSpeech by Christine Lagarde at the 25th "ECB and Its Watchers" conference at Goethe University Frankfurt.
Why it mattersLagarde prepares the ECB for new shocks from energy, supply chains and defence spending.
Problems raised- Established certainties have been upended.
- New shocks may come from energy, supply or defence.
- The strategy must adapt.
Solutions proposed- Assess future shocks through a robust framework.
- Do whatever is necessary for price stability.
- Adapt policy frameworks to new circumstances.
Read full speech on ecb.europa.eu ↗More from Christine Lagarde · European Central Bank · all speeches
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