She's run the IMF. She's a lawyer. She's not an economist. Does that matter as she prepares to lead the European Central Bank?
Government borrowing costs across the single-currency bloc tumbled to record lows and euro zone blue-chip stocks hit their highest in more than a year after Lagarde was appointed
In a statement, Lagarde said that she was "honored to have been nominated" and would temporarily relinquish her responsibilities at the IMF while EU lawmakers look to ratify her appointment
Lagarde's name is one of the key pieces in the latest slate of candidates for the EU's top jobs which leaders, lawmakers and parties have been wrangling over since Sunday
Lagarde's comments came as a global market sell-off rolled on following Trump's comments, underscoring rising financial volatility that the IMF will address at its annual meetings this week in Bali
IMF managing director gives warning as US makes new threats
Her sharp remarks come in the backdrop of a nationwide outrage over the rape cases in Jammu and Kashmir's Kathua and Uttar Pradesh's Unnao
She also expressed concern over the high level of discrimination faced by women in rural India and emphasised that there is an urgent need to address this issue
Studies show that Asia's population is ageing faster than anywhere else in the world
Said the world needs to continue to collaborate to address risks and ensure balanced growth
Says, It needs to maintain a sustainable growth path in following years for its bailout programme
Lagarde said she reaffirmed the IMF's readiness to enhance global cooperation
Lagarde singled out some very positive discussions with US Treasury Secretary Steven Mnuchin
The IMF in January raised the US growth estimate a tenth of a point this year to 2.3%
Though rising US interest rates and a strengthening dollar will challenge global trade
Lagarde told reporters at IMF headquarters that she would not appeal the decision after vigorously fighting the charge since she took the IMF's helm in 2011.
The trial has been an ongoing distraction to Lagarde's duties at the IMF
Lagarde was accused of failing to prevent a massive government payout to businessman Bernard Tapie while serving as France's Finance Minister
Lagarde has been investigated since 2011 for her role in awarding financial compensation of 405 million euros to Bernard Tapie
In an interview touching on topics from women's issues to Brexit, Lagarde laid bare the challenges policymakers are facing