'Formidable Task' To Maintain Stability Warns Lagarde (Full Speech) скачать в хорошем качестве

'Formidable Task' To Maintain Stability Warns Lagarde (Full Speech)

European Central Bank President Christine Lagarde said abrupt shifts in global trade and the region’s defense architecture will make it harder to keep inflation stable. Speaking at a conference in Frankfurt, Lagarde said the changes represent “two-sided shocks” that, along with climate change, complicate policymaking. “Maintaining stability in a new era will be a formidable task,” she said Wednesday. “It will require an absolute commitment to our inflation target, the ability to parse which types of shocks will require a monetary reaction and the agility to react appropriately.” Officials are confident inflation will return to their 2% target at the start of next year and are lowering interest rates to loosen the shackles on the euro zone’s struggling economy. They’re still gauging the effects of the barrage of tariffs from US President Donald Trump’s administration alongside Europe’s ramp-up in military outlays. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake