As we approach the end of this legislative term, I wish to sincerely thank this Parliament for collaborating in guiding Europe through economic headwinds and geopolitical upheavals, always with the shared vision of bolstering prosperity and fortifying our resilience. Building on this collaborative spirit, today’s debate on your draft resolution on the ECB Annual Report is a pillar of the ongoing dialogue between our two institutions; indeed, it is fundamental to the ECB’s accountability which ensures the democratic legitimacy of our actions. Let me start by outlining the current state of the euro area economy and our monetary policy stance. I will then focus on the need for a common European response to strengthen euro area resilience and competitiveness. post: 
ECB'S PRESIDENT LAGARDE: WE EXPECT INFLATION TO CONTINUE SLOWING DOWN, AS THE IMPACT OF PAST UPWARD SHOCKS FADES AND TIGHT FINANCING CONDITIONS HELP TO PUSH DOWN INFLATION. post: ECB'S PRESIDENT LAGARDE: THERE ARE INCREASING SIGNS OF A BOTTOMING-OUT IN GROWTH AND SOME FORWARD-LOOKING INDICATORS POINT TO A PICK-UP LATER THIS YEAR. post: ECB'S PRESIDENT LAGARDE: WAGE PRESSURES, MEANWHILE, REMAIN STRONG.
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2024-02-26 16:31:00Z
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