Villeroy Says Lagarde's ECB Guidance Still Valid

The transcript discusses the European Central Bank's (ECB) current economic outlook and monetary policy strategy. It highlights the ECB's commitment to controlling inflation and reaching a terminal rate by summer. The ECB's approach is data-driven, focusing on inflation expectations and market guidance. The transcript also covers the impact of global and domestic factors on inflation and the job market, emphasizing the ECB's pragmatic stance in addressing these challenges.

What is the expected trend of inflation according to the speaker?

How does the speaker describe the monetary policy approach for this year compared to last year?

What is the speaker's stance on the potential increase of interest rates?

How does the speaker view the relationship between interest rates and inflation?

What commitment does the speaker make regarding inflation expectations?

What factors does the speaker mention that could influence underlying inflation?

What does the speaker indicate about the job market in Europe?