What does the speaker mean by being 'very attentive to what data tells us'?
Lagarde: Very Unlikely ECB Raises Rates in 2022
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The video discusses the timeline for receiving updated projections and the potential adjustments to monetary policy based on these projections. It emphasizes that under current conditions, raising interest rates in 2022 is unlikely. However, decisions will be data-driven, with regular assessments at monetary policy meetings and through projections from the ECB and national central banks.
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What is indicated about the projections from the ECB and national Central banks?
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