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ECB's Lagarde Calls for Clarity on Fiscal Policy and Cautions Against Inflation Celebration
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ECB President Christine Lagarde emphasizes the need for clarity on fiscal policy ahead of the EU's fiscal rule revamp. She hopes for fiscal policies that make Europe more competitive, efficient, and productive. Lagarde also warns against premature inflation celebration, stating that the ECB has time to assess how inflation unfolds after a record string of rate hikes.
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How can fiscal policies support competitiveness and productivity in Europe?
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