🔝To combat excessive inflation, the European Central Bank (ECB) has adopted a strategy of increasing interest rates in recent months.

🏦In a meeting before the European Parliament, ECB President Christine Lagarde emphasized the bank's commitment to price stability.

🌍This change in monetary policy has far-reaching implications not only for Europe but also for the rest of the world.

The bank's goal is to ensure inflation returns to the medium-term target on the right schedule.