On Monday, the pharmaceutical company Pfizer announced encouraging results from its vaccine trials, nudging stock markets toward new heights
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
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.
A second wave of the coronavirus pandemic risks delaying the euro zone's economic recovery, European Central Bank President Christine Lagarde said on Tuesday
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
The euro belongs to Europeans and our mission is to be its guardian, said Christine Lagarde, ECB President.
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's cautious remarks on Thursday, when the central bank kept its stimulus settings on hold, failed to stop the currency's gain
ECB President Christine Lagarde is expected to set the stage for more stimulus later
Governing Council members face a potential rift over how much their emergency bond-purchase program should stay weighted toward weaker countries
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
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
Lagarde said the actual outcome would be between the "medium and "severe" scenarios
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.
The ECB said it would give businesses more ultra-cheap loans, raise asset purchases and provide banks with capital relief
The US also expects the second phase of negotiations for a trade deal with China to begin soon
Lagarde has made speaking and listening to a very wide range of voices a key priority for her time in office.
Lagarde takes office at a time when the ECB's governing council is divided as rarely before over its latest round of monetary stimulus.
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
The IMF needs a managing director of the highest caliber, chosen through an open competition not evidently tainted by national politics