Lagarde Says Inflation Likely to Stabilize at 2%

The video discusses the unexpectedly high energy costs and broadly based price rises. It highlights the revised inflation projections for 2022 to 2024, with inflation expected to stabilize at the 2% target over the medium term. The video also covers inflation excluding food and energy, and the re-anchoring of long-term inflation expectations at the target.

What factor has contributed to the significant upward revision in the baseline for inflation?

• Decreased energy costs

• Unexpectedly high energy costs

• Decreased food prices

• Stable energy costs

What is the projected annual inflation rate for 2023?

• 1.9%

• 2.1%

• 5.1%

• 1.8%

How does the inflation rate excluding food and energy for 2022 compare to the December projections?

• Same as December projections

• Not mentioned

• Lower than December projections

• Higher than December projections

What is the Governing Council's view on the likelihood of inflation stabilizing at the 2% target?

• Likely

• Impossible

• Unlikely

• Certain

What is the long-term inflation target mentioned in the transcript?

• 2.5%

• 2%

• 1.5%

• 1%