What is the significance of data in the decision-making process mentioned in the text?
ECB Not Waning on Commitment to Inflation Fight: Lagarde
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The video discusses the commitment to returning inflation to a 2% target, emphasizing a data-dependent approach. It highlights the increased uncertainty due to recent financial tensions and the importance of making robust decisions. The commitment to fighting inflation is reiterated, with measures being data-driven and based on specific parameters.
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How does the speaker describe the determination to fight inflation?
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