*ECB’s President Lagarde: Europe Is Entering an Arduous Phase.
*ECB’s President Lagarde: In the Short Term, We Will Take On Higher Inflation and Slower Growth.
*ECB’s President Lagarde: Households Are Becoming More Pessimistic and Might Reduce Spending.
*ECB’s President Lagarde: Business Investment Is Probably Going to Be Affected.
*ECB’s President Lagarde: The Incoming Data Support the Inflation Outlook, and We Will Complete Net Purchases Under the Asset Purchase Programme (APP) in the Third Quarter.
*ECB's President Lagarde: Energy, Food, and Bottlenecks Are Causing Inflation to Rise.
*ECB’s President Lagarde: Europe Needs to Prepare to Guarantee That the Necessary Investment Comes Online As Quickly and Smoothly As Possible.
*ECB’s President Lagarde: To Ensure Price Stability, the ECB Will Do What Is Needed.
*ECB’s President Lagarde: Any Change of ECB Rates Will Be Gradual.
*ECB’s Kazimir: On Rates Growth, Unless There Is Dramatic Escalation of Conflict in Ukraine, First Hike May Come Towards the End of This Year
*ECB’s Kazimir: I Want the ECB to End Negative Rates in the Next 12 Months.
*ECB’s Muller: The ECB APP Could End in Q3, With Rate Hike Possible After That.
*UK BoE Dep. Gov. Broadbent: It’s Unlikely That the UK Has Ever Experienced an External Hit to Real National Income at This Level Before.
*UK BoE Dep. Gov. Broadbent: The Shock Will Affect the Near Term in a Difficult Combination of Even Higher Inflation but Weaker Domestic Demand and Output Growth.
*UK BoE Dep. Gov. Broadbent: The Is Risk That Policy Guidance Could Be Viewed As Commitment.
https://www.bankofengland.co.uk/spe...ship-with-the-money-macro-and-finance-society