Monetary Dialogue with Christine Lagarde, President of the European Central Bank
06-06-2023 - 11:11
On Monday 5 June 2023, from 15:00 to 17:00, ECON Members held their second Monetary Dialogue of the year with the ECB President.
This Monetary Dialogue took 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 for this Dialogue were: 1) Interaction between price stability and financial stability; and 2) The effects of high inflation and monetary tightening on the real economy.
The two specific topics of discussion as chosen by ECON for this Dialogue were: 1) Interaction between price stability and financial stability; and 2) The effects of high inflation and monetary tightening on the real economy.