ECB's Centeno Says Current Interest-Rate Stance Will Bring Inflation to 2%

The video discusses the impact of recent geopolitical events on central banks and the importance of monitoring economic data. It highlights the European Central Bank's (ECB) monetary policy aimed at achieving a 2% inflation target. The speaker emphasizes the need for careful policy adjustments to avoid economic derailment, especially with uncertainties like oil prices during winter months.

What does the speaker mean by being 'data dependent' in the context of monetary policy?

What are the implications of not growing for five consecutive quarters according to the forecast?