Lagarde: 'Unanimous Concern' at ECB About Inflation Data

The transcript discusses the Governing Council's unanimous concern about inflation in Europe, emphasizing its impact on vulnerable populations. It highlights the need for thorough discussions and data analysis to understand inflation's medium-term effects. Future projections will be examined in March, focusing on job markets and wages. The Council is committed to price stability and careful decision-making based on data and analysis.

What was the main concern discussed by the Governing Council regarding inflation?

How does inflation impact the most vulnerable populations according to the text?

What steps does the Governing Council intend to take regarding inflation projections?

What is the shared mandate of the members of the Governing Council?

What was the approach of the Governing Council towards making decisions on inflation?