[Lagarde Emphasizes Importance of Fiscal Prudence, Warns of Inflation Risks] Jin10 News, October 17 – European Central Bank President Christine Lagarde emphasized the importance of maintaining sound public finances. In a statement submitted to the International Monetary and Financial Committee, Lagarde stated that fiscal sustainability remains a "key pillar" of overall economic stability. "Maintaining prudent fiscal policies is crucial, including adherence to fiscal rules. For countries with high debt levels, fiscal consolidation should be advanced, spending priorities should be redefined, and the efficiency and effectiveness of public finances should be improved to rebuild fiscal buffers. Governments should strive to ensure that any fiscal measures taken to address energy shocks are temporary, targeted, and tailored to specific circumstances." Speaking about the Eurozone economy, Lagarde reiterated the European Central Bank's latest analysis, which indicates that risks to the economic outlook are tilted to the downside, while inflation risks are tilted to the upside. Lagarde stated: "The scale of this energy shock is too significant to simply 'ignore' its impact, but adopting prudent and moderate measures remains the appropriate approach to controlling inflation.