Euro-area Inflation 'Undesirably High': ECB's Lagarde

The video discusses the challenges posed by ongoing inflation and the steps taken towards policy normalization. It outlines the end of net asset purchases and the planned increase in policy rates for the first time in 11 years. Guidance for future policy meetings is provided, emphasizing the commitment to stabilizing inflation at a 2% target over the medium term.

What is the projected duration of the current monetary policy?

What challenge is mentioned in relation to monetary policy?

What action is intended to be taken in July regarding policy rates?

What does the normalization path refer to in the context of monetary policy?

What is the target inflation rate mentioned for stabilization?