Monetary Policy and Financial Stability

Central banks around the world have increased interest rates rapidly and significantly over the past two years to tackle the sharp rise in inflation. Monetary policy is working, and disinflation is proceeding globally. Yet, tight labour markets and the risks of renewed supply chain disruptions amid recent geopolitical events caution against declaring victory too early.

The event will deep dive into the dynamics of inflation and discuss what this may imply for monetary policy in the euro area.