#البنك_المركزي_الأوروبي #السياسة_النقدية #أسعار_الفائدة #التضخم
Christine Lagarde, the President of the European Central Bank, emphasized today, Friday, the necessity of maintaining the independence of monetary institutions in the face of increasing political tensions within Europe and around the world, stressing that the independence of the European Central Bank is a cornerstone of the stability of the European economy and its ability to deal with global financial shocks.
Lagarde's remarks came during a meeting of the International Monetary and Financial Committee of the International Monetary Fund, where she addressed policymakers from various countries, stating that monetary policy stances around the world have become more divergent than ever, which requires central banks to act confidently and independently away from short-term political influences.
The Governor of the European Central Bank reaffirmed the bank's commitment to continue implementing its monetary policies to achieve its primary goal of price stability at the targeted inflation level of 2%. She also stressed that the bank's independence is not just a theoretical principle, but a practical necessity to ensure the sustainability of economic decisions in the euro area, especially in light of current challenges including slowing growth, fluctuations in energy prices, and geopolitical pressures arising from trade wars.
Lagarde added that any direct political intervention in the bank's operations could undermine confidence in the markets and compromise the effectiveness of monetary policies, emphasizing that decisions related to interest rates and quantitative easing should be based solely on economic data and not on political pressures.
These statements come at a time when calls have increased in some EU member states to review the bank's policies related to interest rates, especially after some economies have started to slowly recover from the growth slowdown that followed the energy crisis.
