ECB president Christine Lagarde says the global economy is headed for recession
Christine Lagarde, the head of the European Central Bank, believes the global economy is in deep trouble, and about to hit a recession. She drew comparisons to the 1920s, when economic instability and bad decisions led to the Great Depression.
World economy faces pressures similar to 1920s, warns Christine Lagarde
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change
World economy facing volatility like the 1920’s, ECB’s Lagarde cautions
Lagarde, who took control of the ECB only months before the onset of the COVID-19 pandemic, argued that a more uncertain world lay ahead, so abundant flexibility and not new mandates are needed
ECB Must Prepare for More-Volatile Inflation Era, Lagarde Says
The European Central Bank must think hard about how it deals with risks and uncertainty in an era of more-volatile inflation and less clarity about monetary-policy transmission, President Christine Lagarde said.
Central banks may face volatile inflation for years to come, ECB's Lagarde says
Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, but sticking with inflation-targeting regimes is still the best option, European Central Bank President Christine Lagarde said on Friday.
World economy faces pressures similar to 1920s slump, warns Christine Lagarde
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change
ECB's Lagarde predicts inflation to hit 2% target next year
ECB President Christine Lagarde praised the "remarkable" unwinding of inflation with minimal job losses, projecting inflation to hit target by 2025. However, she warned that significant uncertainties remain.
ECB and Fed Chiefs Talk, But Don’t Coordinate, Lagarde Says
European Central Bank President Christine Lagarde said she and her counterpart at the Federal Reserve Jerome Powell exchange ...
Reuters15d
ECB's Lagarde rejects 'political pressure' after Italy seeks bigger rate cuts
ROME, Sept 13 (Reuters) - The European Central Bank (ECB) is an independent institution not subject to any political pressure ...
Business Times13d
Lagarde signals ECB open to October cut but December more likely
The European Central Bank is open to considering an interest-rate cut in October if the economy suffers a major setback – ...
Lagarde speech: Wages, profits, trade tensions potential upside risks for inflation
"Wages, profits, trade tensions potential upside risks for inflation." ...
Some revealing comments on the state of the global economy
European Central Bank president Christine Lagarde said the world economy faced pressures similar to those of the 1920s.
Business Times6d
Central banks may face volatile inflation for years to come: ECB’s Lagarde
PROFOUND shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, ...