Lagarde: ECB 'Hopefully' On Target to Meet 2% Inflation

The video discusses the European Central Bank's (ECB) progress in reducing inflation and its goals for 2025. It highlights the challenges the ECB faces in maintaining a 2% inflation rate, especially compared to the Federal Reserve. The discussion includes expectations for inflation rates in 2024 and 2025, and the potential impact of monetary policy changes. The ECB's upcoming strategic review is also covered, which will redefine price stability. Key risk factors such as energy prices, trade wars, and economic uncertainties, including the influence of Donald Trump, are examined. The potential impact of these factors on European inflation and competitiveness is analyzed.

What is the ECB's medium-term inflation target?

• 1%

• 2%

• 4%

• 3%

What is the expected average inflation rate for 2025 according to Bloomberg Intelligence?

• 2.4%

• 3.0%

• 1.7%

• 2.0%

What significant event is the ECB planning for the back half of 2025?

• A new interest rate hike

• A monetary policy strategic review

• A reduction in inflation target

• An increase in deposit rates

Which factor is NOT mentioned as a risk to the European economy?

• Energy prices

• Trade wars

• Wage inflation

• Climate change

How might a trade war between China and the US affect Europe?

• Increase in European exports

• Decrease in European imports

• Decrease in European inflation

• Increase in European inflation