Press release – MEPs stress the importance of independent central banks in times of heightened tension

MEPs emphasize the importance of independent central banks, particularly the European Central Bank, for maintaining price stability and stress the need for freedom from political pressure while remaining accountable. They support the digital euro while maintaining the role of cash, and call for a gradual reduction in unconventional measures and government bond purchases by the ECB. The report highlights concerns about inflation, high cost of living, and ECB's decisions during this period. The conclusion stresses the cautious easing of monetary policy based on economic data to maintain price stability.

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