Lagarde Says ECB Is 'At a Turning Point' on Rates

The video discusses the recent market volatility and the need to establish clear rules and guidance. It addresses the message to stakeholders about the ECB's monetary policy direction, focusing on the transition from negative to positive interest rates. The ECB's strategy on inflation and interest rates is outlined, emphasizing the importance of being steady and predictable. Challenges in providing forward guidance are discussed, considering potential geopolitical impacts. The video concludes with details on future rate hikes and the economic outlook.

What considerations are taken into account when analyzing inflation expectations?

What does the speaker indicate about the timeline for moving into positive interest rates?