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Lagarde Speech in Front of European Parliament Discloses Little New

ECB

Little new in the initial comments out of ECB's Lagarde, with her opening comments infitting with last Thursday's press conference. Says:

  • Current pandemic wave and associated restrictions are likely to continue to have a negative impact on growth at the start of this year
  • Our commitment to deliver on inflation mandate remains absolutely unwavering
  • March round of forecasting is to help the ECB better judge the current situation

Doesn't seem to be much new in the speech text - Lagarde will answer questions from the Committee on Economic and Monetary Affairs of the European Parliament, link here: https://multimedia.europarl.europa.eu/en/webstream...

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