European Central Bank’s Lagarde warns of lagging effects from crises
Christine Lagarde, president of the European Central Bank, warned of lasting economic damage from recent crises. She emphasized that even if geopolitical tensions in the Middle East were resolved, the effects on the European economy would continue. Lagarde reaffirmed the ECB's commitment to a 2% inflation target while indicating that returning to pre-crisis conditions would be challenging.
- ▪Lagarde stated that the economic damage is already done and will persist.
- ▪She highlighted that supply shocks do not reverse themselves once the crisis fades.
- ▪The ECB has revised its monetary policy framework to better handle frequent supply shocks.
Opening excerpt (first ~120 words) tap to expand
European Central Bank’s Lagarde warns of lagging effects from crises ECB president says even an immediate end to Middle East tensions won't undo the economic damage already baked in, reaffirming a strict 2% inflation target. Share Add us on Google by Editorial Team May. 22, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
