Christine Lagarde

    • ECB launches review to redefine its mission

      ECB launches review to redefine its mission

      The European Central Bank launched last Thursday a broad review of its policy that will likely end with new President Christine Lagarde redefining the bank's main goals, news wires reported. “The Governing Council decided to launch a review of the ECB's monetary policy strategy,” the bank said in a statement. The review was due after the bank has fallen short of its inflation target for years despite increasingly aggressive stimulus measures under Mario Draghi.

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    • Lagarde: ESM reform isn't against any Member State

      Lagarde: ESM reform isn't against any Member State

      The reform of European Stability Mechanism (ESM), the eurozone's bailout fund, does not intend to damage any Member State, European Central Bank (ECB) President Christine Lagarde said on Thursday, cited by ANSA. The reform has caused a big political furore in Italy, amid fears it could put the country under renewed pressure on the financial markets.

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    • Lagarde: ECB set to fight climate emergency

      Lagarde: ECB set to fight climate emergency

      The European Central Bank (ECB) should do more to help tackle the climate emergency, new ECB president Christine Lagarde said on Monday during a hearing at the EP Economic Affairs Committee. Questions on how the ECB is responding to the threat of climate change were a recurring subject during the hearing. In a strong hint that as president she would move the ECB beyond its traditional remit of controlling inflation, Lagarde said the bank would incorporate the climate threat into both its economic forecasts and in its capacity as watchdog of the financial system.

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