ECB's De Cos: Financial Tensions Increasing Uncertainty

The video discusses the European Central Bank's (ECB) approach to monitoring financial tensions and its readiness to respond to maintain price and financial stability. It emphasizes the importance of financial stability as a prerequisite for price stability, as outlined in the ECB's monetary policy strategy. The video also addresses future monetary policy actions, highlighting the additional uncertainty caused by recent financial tensions and the importance of a data-dependent approach.

What is emphasized as a prerequisite for price stability?

What does the speaker suggest about future monetary policy actions?

What is the significance of the events mentioned in relation to the March meeting?

How does the speaker describe the current financial tensions?

What approach has been followed since the start of the tightening cycle?