Villeroy: el BCE es predecible pero no está precomprometido

The video discusses the current state and future outlook of European economic growth, emphasizing that growth remains strong despite temporary setbacks. It covers the European Central Bank's (ECB) strategy for normalizing monetary policy, including asset purchases and interest rate adjustments, highlighting the importance of market understanding. The ECB's focus on achieving a 2% inflation target is also discussed, with attention to transient factors like oil prices affecting inflation.

What was the growth rate of the European economy in the last year?

• 2.0%

• 1.5%

• 2.5%

• 3.0%

What is the ECB's approach to the timing of the first interest rate hike?

• It will occur well past the end of asset purchases, contingent on inflation outlook.

• It will be delayed for several years.

• It will be pre-determined regardless of economic data.

• It will happen immediately after asset purchases end.

What is the ECB's primary mandate?

• Currency exchange rates

• Employment

• Price stability

• Economic growth

How does the ECB view the recent low inflation in the eurozone?

• As a sign of economic decline

• As a temporary effect

• As a permanent issue

• As an opportunity to lower interest rates

What role do oil prices play in the ECB's inflation target?

• They are the primary driver of inflation.

• They are a permanent factor in inflation calculations.

• They are ignored in inflation assessments.

• They are considered transient and looked through.