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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, trade, fragmentation and geopolitics, growth, investment and productivity

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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 that tariff effects may be non-linear and urges the savings and investment union.

Problems raised
  1. The new US administration reshapes trade and defence.
  2. Tariff effects may be non-linear.
  3. Europe must address competitiveness.
Solutions proposed
  1. Settle inflation around 2%.
  2. Launch the savings and investment union.
  3. Uphold free trade and strengthen the union.
Read full speech on ecb.europa.eu ↗

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