Monetary Dialogue with Christine Lagarde, President of the European Central Bank

28-09-2022 - 12:07
ECB President Lagarde at the plenary_ ECB President Lagarde at the plenary_
ECB President Lagarde at the plenary © European Union 2020 - EP

On Monday 26 September 2022, from 15:00 to 17:00, ECON Members held the third Monetary Dialogue of the year with the ECB President.

This Monetary Dialogue took place in a particularly challenging environment, marked by strong inflationary pressures (the euro area annual inflation reached 9.1 % in August 2022). It was the first Monetary Dialogue since the Governing Council decided to raise twice the key ECB interest rates for the first time since 2011. Moreover, the Governing Council approved the Transmission Protection Instrument on 21 July 2022. The two specific topics of discussion as chosen by ECON were: 1) Assessment of the ECB's current monetary policy stance; and 2) Anti-fragmentation: new tool in the toolkit.