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Page 3 - Christine Lagarde

Don't count too much on Covid-19 vaccine, warn Powell and Lagarde

On Monday, the pharmaceutical company Pfizer announced encouraging results from its vaccine trials, nudging stock markets toward new heights

Don't count too much on Covid-19 vaccine, warn Powell and Lagarde
Updated On : 14 Nov 2020 | 12:15 AM IST

World's central banks are now begging govts to power economic rebound

Without aggressive fiscal stimulus now, economies may develop deep scars that hobble growth over the longer term. That could then leave central banks unable to prepare for the next shock or recession

World's central banks are now begging govts to power economic rebound
Updated On : 12 Nov 2020 | 2:03 PM IST

ECB eyes more bond buys, cheap loans to keep euro zone afloat: Lagarde

Lagarde said inflation in the 19-country bloc was now likely to remain negative for longer than expected as a second wave of the COVID-19 outbreak forces new restrictions on economic activity.

ECB eyes more bond buys, cheap loans to keep euro zone afloat: Lagarde
Updated On : 11 Nov 2020 | 7:52 PM IST

New pandemic wave could delay euro zone rebound, ECB's Lagarde says

A second wave of the coronavirus pandemic risks delaying the euro zone's economic recovery, European Central Bank President Christine Lagarde said on Tuesday

New pandemic wave could delay euro zone rebound, ECB's Lagarde says
Updated On : 06 Oct 2020 | 4:04 PM IST

Inflation targeting is a stupid policy

In trying to increase by a fairly random amount an index of prices that they largely can't control, central banks couldn't have done much more harm

Inflation targeting is a stupid policy
Updated On : 03 Oct 2020 | 4:54 AM IST

European Central Bank takes a step closer toward introducing digital euro

The euro belongs to Europeans and our mission is to be its guardian, said Christine Lagarde, ECB President.

European Central Bank takes a step closer toward introducing digital euro
Updated On : 02 Oct 2020 | 10:04 PM IST

Lagarde makes case for aligning ECB's inflation strategy with US Fed

The ECB is widely expected to follow in the footsteps of the Fed, which said last month it would aim for inflation of 2% on average

Lagarde makes case for aligning ECB's inflation strategy with US Fed
Updated On : 01 Oct 2020 | 1:14 AM IST

Euro gains blunted stimulus boost to inflation, says Christine Lagarde

Lagarde's cautious remarks on Thursday, when the central bank kept its stimulus settings on hold, failed to stop the currency's gain

Euro gains blunted stimulus boost to inflation, says Christine Lagarde
Updated On : 15 Sep 2020 | 2:11 AM IST

European Central Bank keeps policy unchanged, to take aim at strong euro

ECB President Christine Lagarde is expected to set the stage for more stimulus later

European Central Bank keeps policy unchanged, to take aim at strong euro
Updated On : 11 Sep 2020 | 1:57 AM IST

ECB split is brewing on President Lagarde's signature crisis-fighting tool

Governing Council members face a potential rift over how much their emergency bond-purchase program should stay weighted toward weaker countries

ECB split is brewing on President Lagarde's signature crisis-fighting tool
Updated On : 03 Jul 2020 | 11:44 PM IST

We're past the worst, but recovery will be uneven, ECB's Lagarde says

The euro zone is "probably past" the worst of the economic crisis caused by the coronavirus pandemic, but the recovery will be uneven, European Central Bank President Christine Lagarde said on Friday

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Updated On : 26 Jun 2020 | 3:09 PM IST

Warning of economic slump ahead, Lagarde urges EU to agree on stimulus plan

Now, they are divided over the size and terms of the recovery fund, which the Commission has suggested be split into two-thirds grants and one-third loans

Warning of economic slump ahead, Lagarde urges EU to agree on stimulus plan
Updated On : 19 Jun 2020 | 7:35 PM IST

Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde

Lagarde said the actual outcome would be between the "medium and "severe" scenarios

Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde
Updated On : 27 May 2020 | 9:06 PM IST

European Central Bank on back foot as Lagarde bungles coronavirus message

Lagarde also said the ECB's first consultation about its strategy review had been postponed by six months, which later turned out to be weeks.

European Central Bank on back foot as Lagarde bungles coronavirus message
Updated On : 13 Mar 2020 | 8:41 PM IST

ECB ramps up stimulus in coronavirus fight but stops short of rate cut

The ECB said it would give businesses more ultra-cheap loans, raise asset purchases and provide banks with capital relief

ECB ramps up stimulus in coronavirus fight but stops short of rate cut
Updated On : 12 Mar 2020 | 9:36 PM IST

Abating uncertainties on trade, Brexit to help global growth: Lagarde

The US also expects the second phase of negotiations for a trade deal with China to begin soon

Abating uncertainties on trade, Brexit to help global growth: Lagarde
Updated On : 24 Jan 2020 | 9:47 PM IST

Inflation-phobic Germans misunderstand their history, says study

Lagarde has made speaking and listening to a very wide range of voices a key priority for her time in office.

Inflation-phobic Germans misunderstand their history, says study
Updated On : 02 Nov 2019 | 11:43 PM IST

First day on the job for European Central Bank chief Christine Lagarde

Lagarde takes office at a time when the ECB's governing council is divided as rarely before over its latest round of monetary stimulus.

First day on the job for European Central Bank chief Christine Lagarde
Updated On : 02 Nov 2019 | 2:45 AM IST

Lagarde will ensure policymakers face the reality of euro zone: ECB VP

Lagarde, a former finance minister of France and head of the International Monetary Fund, will replace Mario Draghi at the helm of the ECB on Nov. 1

Lagarde will ensure policymakers face the reality of euro zone: ECB VP
Updated On : 26 Oct 2019 | 3:16 PM IST

It's time to pick the best person as IMF head even if it isn't a European

The IMF needs a managing director of the highest caliber, chosen through an open competition not evidently tainted by national politics

It's time to pick the best person as IMF head even if it isn't a European
Updated On : 22 Jul 2019 | 4:37 PM IST