The sharp rise in fuel, gas and electricity prices has triggered inflation, which will reach its peak in 2022.
The president of the European Central Bank, Christine Lagarde, said that she trusts her tools in terms of monetary policy and assured that they are clear “which ones to use and when to use them”.
“We understand that rising prices are of concern to the public and we take this issue very seriously, but you can trust that our commitment to stability is unwavering.”
That confidence “is key” in the face of confidence in the euro.
