What is the point of the ECB anymore?

By now, even the birds in the sky know it: inflation in the eurozone has been too high for far too long. For about 5 years, the ECB has been pretending to wage a determined war against inflation, but that battle has hardly been a success. Until now, said the bank’s president, Christine Lagarde. According to her, that is about to change. The bank is getting some help.