Lagarde: ECB Must Do More on Rates Than Markets Price

The video discusses the need to incorporate market expectations into projections to achieve a 2% inflation target. It highlights the challenges in reaching this target and emphasizes the importance of adjusting market expectations to align with future projections.

What does the phrase 'allow a return to the 2% inflation target' imply about current economic conditions?

What are the implications of market expectations on future economic policies?