Christine Lagarde – Benefits Canada.com

Lagarde: Recovery could be stop and go despite vaccine news

mschmit — Thu, 12 Nov 2020 06:53:34 +0000

European Central Bank head Christine Lagarde warned Wednesday that the economy could face a “bumpy,” “stop-start” recovery despite good news about vaccine development. The top central banker for the 19 European Union countries that use the euro currency said there was a risk that fearful consumers could drag out the rebound, and that governments and […]

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Inflation slump in Europe could presage more stimulus

mschmit — Fri, 02 Oct 2020 03:37:20 +0000

Annual inflation in the 19-country eurozone sagged further below zero in September, bolstering expectations that the European Central Bank will add to its emergency stimulus efforts to help cushion the impact of the pandemic on the economy. The consumer price index was down 0.3 per cent in September, even lower than the minus 0.2 per […]

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Lagarde: Eurozone growth is weak, stimulus working

mschmit — Mon, 02 Dec 2019 08:31:37 +0000

New European Central Bank President Christine Lagarde said Monday that economic growth “remains weak” in the 19 countries that use the euro but gave no indication she is contemplating adding to the stimulus enacted by her predecessor, Mario Draghi. Lagarde said in her first regular appearance before the European Parliament that manufacturing companies were hardest […]

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