Lagarde: energy shock huge, fiscal rules key

AI-generated briefing · First published

ECB chief tells IMF meeting fiscal sustainability is vital; energy shock risks push inflation up while economy faces downside risks.

ECB President Christine Lagarde told the IMFC in Thailand that fiscal sustainability is a key pillar of stability and that governments must keep energy-shock measures temporary, targeted and tailored. [1] [2]

She said the energy shock is large and cannot be ignored, yet moderate policy steps remain appropriate to control inflation; the euro-area outlook faces downside risks and inflation risks are tilted upward. [1] [2]

Sources

  1. 欧洲央行行长拉加德：能源冲击规模巨大，不可忽视

    Sina Finance · · Full text

  2. 快讯

    Wall Street CN · · Full text

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