Lagarde: 'We're Not Done' on Getting to Inflation Target

The video discusses the current path towards achieving a 2% inflation target, emphasizing the importance of data dependency in determining monetary policy. It highlights the shift from a restrictive stance to an appropriate determination as the target is approached. The video also addresses current economic conditions, such as domestic inflation and slowing wage growth, urging caution in policy decisions.

What are the three criteria mentioned for determining monetary policy?

What is the significance of being data dependent in monetary policy?

What does the removal of the reference to restrictiveness indicate about the monetary policy stance?

In what way is the current situation different from previous monetary policy contexts?

How does the current inflation rate affect monetary policy decisions?