Lagarde Says ECB Expects to 'Raise Rates Further'

The video discusses the recent rise in inflation, its persistence, and the economic outlook, including the risk of recession. It emphasizes the importance of maintaining inflation expectations and outlines the central bank's response through rapid rate increases. Future rate decisions will depend on various economic factors, aiming to bring inflation back to target levels.

What significant economic change occurred in October for the first time since the start of the monetary union?

• GDP growth reached a new high

• Unemployment rates decreased

• Inflation reached double digits

• Interest rates were lowered

What is the central bank's primary reason for raising interest rates at a fast pace?

• To anchor inflation expectations

• To increase GDP growth

• To boost consumer spending

• To reduce unemployment

How many basis points have interest rates been raised in the last three policy meetings?

• 250 basis points

• 100 basis points

• 150 basis points

• 200 basis points

What will determine the extent and speed of future interest rate hikes?

• The level of public debt

• The inflation outlook

• The unemployment rate

• The stock market performance

Which factor is NOT mentioned as influencing the future monetary policy decisions?

• The level of foreign investment

• The proper transmission of policy stance

• The reaction of wages

• The persistence of economic shocks