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
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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.
ECB's Lagarde predicts inflation to hit 2% target next year
European Central Bank President Christine Lagarde has hailed the "remarkable" unwinding of price pressures that have gripped the global economy over the past three years, emphasising its minimal ...
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 slump, warns Christine Lagarde
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change
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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, ...
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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.