ECB's high-stakes balancing act amid economic turmoil
The European Central Bank (ECB) is a powerhouse in the EU, wielding influence over financial supervision, foreign exchange reserves, and economic forecasts. The ECB’s main goal is to keep inflation at 2% by adjusting interest rates. Its massive quantitative easing program from 2015 to 2022 aimed to tackle low inflation with trillions of euros. With current economic stagnation and geopolitical tensions, the ECB’s decisions are sparking heated debates. But how do these decisions affect everyday life and economic growth? To dive into the ECB’s role and responsibilities, we are joined by our economy reporter Thomas Moller-Nielsen.