ECB's Monetary Dialogue: Price Stability, Financial Stability & Inflation's Effects

This Monetary Dialogue takes place in a still challenging environment, marked by uncertainty and inflationary pressures. While headline inflation has declined (to 7% in April) mostly due to the ongoing fall of energy prices, core inflation remains high and persistent, mostly driven by the rise in food and services prices. Since the last Monetary Dialogue in March, the ECB's Governing Council has continued on its monetary policy tightening path. The two specific topics of discussion as chosen by ECON (Committee on Economic and Monetary Affairs) for this Dialogue are: 1) Interaction between price stability and financial stability; and 2) The effects of high inflation and monetary tightening on the real economy. Questions & answers (part 2)

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Media Center Link:https://multimedia.europarl.europa.eu/de/video/monetary-dialogue-with-christine-lagarde-president-of-the-european-central-bank-questions-answers-part-2_I242081