ECB Can Copy and Paste Fed’s Message, Economist Komileva Says

The video discusses the Federal Reserve's shift towards crisis-era policy management, characterized by negative real interest rates and expanding balance sheets. It highlights the European Central Bank's (ECB) similar stance and the internal challenges it faces, including a lack of consensus within the Governing Council. The video also covers the potential for a systemic policy review under Christine Lagarde's leadership and the legacy of Mario Draghi's policies, which have set the stage for future inflation targeting and monetary policy actions.

In what ways can Christine Lagarde bridge the divide within the ECB?

What does the term 'symmetric inflation targeting' mean in the context of the ECB's policy?