Lagarde (Bce): "Critiche da Italia su tassi? Noi indipendenti da pressioni politiche"
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00:00Thank you for your question and you anticipated my answer, which is that the European Central Bank is an independent institution.
00:07It's very clearly stated in the treaties and in the articles that we are not subject to political pressure of any sort,
00:17so whether it is praise or criticism, we try to stay completely away from those expressions
00:25and we really work on the basis of the mandate, which is price stability, and on the basis of the data that we receive.
00:34I made it very clear that we also determine our position on the basis of inflation outlook, underlying inflation, transmission of monetary policy.
00:46And I mentioned this morning, we went from the height of 10.6% inflation in October 22, we are now down to 2.2% inflation.
00:59Heterogeneity between countries, I think it's a bit lower in Italy, but it certainly is a good move towards our target
01:09and we are determined to reach that target on a timely basis.