ECB's Lagarde Says Price Pressures `Remain Subdued'

The video discusses the factors affecting inflation, including base effects, transitory factors, and energy prices. It projects a rise in inflation in the second half of the year, followed by a decline as temporary factors diminish. The video also highlights the gradual absorption of economic slack and the importance of maintaining favorable financing conditions to support economic activity and ensure medium-term price stability.

What is the expected status of headline inflation in relation to the target?

What is the significance of preserving favorable financing conditions during the pandemic?