Lagarde on ECB Hikes: 'We Know That We Are Not Done'

The transcript discusses the consistency in communication regarding monetary policy decisions, emphasizing a consensus on maintaining a 50 basis point increase. It highlights the need for future assessments to achieve a 2% medium-term objective. The strategy involves raising rates to restrictive levels and maintaining them to ensure mandate delivery. There was general agreement on the policy, though some debate on communication methods.

What was the consensus reached regarding the rate adjustment in March?

How does the speaker describe the need for future assessments?

What are the two main objectives mentioned for the monetary policy?

What underlying factors were considered for the rate decisions?

What was the general sentiment regarding the communication of the monetary policy?