ECB's Lagarde Says Recession Alone Won't Tame Inflation

The transcript discusses the importance of actively managing inflation and finding the right interest rate to meet economic targets. It emphasizes the need for mindfulness regarding potential spillovers and acknowledges differences in economic progress and diagnoses between regions.

In what way does the text suggest we should be mindful of each other in economic terms?

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What are the potential risks mentioned in relation to economic policies?

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