PARTNERSHIP
PARTENAIRES
The European Central Bank (ECB) has raised its key interest rates from 0% to 3.5% since July 2022 and its President Christine Lagarde suggested on 4 May that the rate hike cycle may not be over. At a time when the European economy seems to be returning to weak growth in the wake of the Covid crisis, the war in Ukraine and the resulting inflation shock, questions are being asked about the effectiveness of this monetary policy (in achieving the 2% inflation target) as well as its impact on growth prospects and the stability of the banking and financial system.
We are pleased to welcome Pierre Jaillet, research associate at the Jacques Delors Institute and expert on the European Union’s monetary policy.
The European Central Bank (ECB) has raised its key interest rates from 0% to 3.5% since July 2022 and its President Christine Lagarde suggested on 4 May that the rate hike cycle may not be over. At a time when the European economy seems to be returning to weak growth in the wake of the Covid crisis, the war in Ukraine and the resulting inflation shock, questions are being asked about the effectiveness of this monetary policy (in achieving the 2% inflation target) as well as its impact on growth prospects and the stability of the banking and financial system.
We are pleased to welcome Pierre Jaillet, research associate at the Jacques Delors Institute and expert on the European Union’s monetary policy.
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