# ECB inflation tightening cycle under Lagarde

Date: 2022

The European Central Bank (ECB) is the central component of the Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important central banks, heading a system with a combined balance sheet of close to €7 trillion.

## Sources

_Sources are listed on the canonical page._

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/ecb-inflation-tightening-cycle-under-lagarde-2022-2024