Share: European Central Bank President Christine Lagarde spoke at the Jackson Hole Symposium. In her speech, she mentioned that the fight against inflation “is not yet won.” She emphasized the importance of central banks providing a nominal anchor for the economy and ensuring price stability. Lagarde stated that this entails setting interest rates
Energy transition and climate change is triggering profound transformations in energy markets We are seeing profound changes in the labour market and the nature of work If we face both higher investment needs and greater supply constraints, we are likely to see stronger price pressures We need to set rates at sufficiently restrictive levels for