Lagarde Says ECB Ready to Adjust All Instruments as Needed

The transcript discusses the third series of targeted longer-term refinancing operations (TLTRO 3), highlighting its significant uptake and role in supporting bank lending to firms and households. These measures aim to maintain favorable financing conditions, thereby supporting economic activity and ensuring medium-term price stability. The transcript also emphasizes the importance of monitoring exchange rate developments and the readiness to adjust monetary instruments to achieve inflation targets symmetrically.

What is the aim of ensuring that inflation moves towards a sustained manner?

What does the commitment to symmetry in inflation aim to achieve?