The ECB and policy responses to curb inflation
High inflation across the euro area has been exacerbated by Russia’s invasion of Ukraine, which has increased the cost of energy and agricultural goods. The ongoing supply chain and labour shortage issues due to Covid-19 are also impacting prices. Following the latest governing council meeting, Massimo Rostagno, director general of the monetary policy directorate general at the European Central Bank, discusses the policy decisions taken to try to return inflation to the 2% target over the medium term, as well as how the economy evolves and responds to internal and external challenges.
Massimo Rostagno, Director General of the Directorate General Monetary Policy, European Central Bank
04:30-05:30 (New York)
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