Home Headline News The Lagarde Era at the ECB Begins

The Lagarde Era at the ECB Begins


The Christine Lagarde-era at the European Central Bank (ECB) is underway and the new President gets her 1st chance to frame her outlook for the economy and monetary policy publicly Monday.

Ms. Lagarde, who took the mantle on 1 November from Mario Draghi, will speak in Berlin at a time when policy makers at the ECB are split over dwindling stimulus tools and the economy is flirting with recession.

She may use the opportunity to tell governments, including Germany’s, to do more to boost demand.

Lagarde takes over against a backdrop of flagging growth and stubbornly low inflation,” said the chief European economist at Bloomberg Economics. “Stimulus options are limited and the Governing Council is divided. She will have a fight on her hands to turn the euroarea around.

Have a terrific week

Previous articleBurgundy, the Côte de Beaune and the Côte de Nuits
Next articlePresident Trump Weighs in on BREXIT Impasse
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.