(ANSA) - PARIS, JANUARY 20 - The president of the European Central Bank, Christine Lagarde, returns to ensure that prices will stabilize and then fall from 2022. Lagarde excludes a change in monetary policy in the short term, due to inflation in the euro zone expected at 3 , 2% in 2022. In fact, he declared "we consider that during the year 2022 (the prices, ed.) Will stabilize and gradually decrease over the course of the year";
she said, adding that this decline is expected to continue into 2023 and 2024. For her, a rate hike as the Fed predicts in the US to contain inflation would have dire consequences in Europe.
"I hope that monetary policy will be a shock absorber for the crisis and above all not a brake on growth," said Lagarde.
(HANDLE).