ECB Facing ‘Exceptionally High’ Levels of Uncertainty, Lagarde Says
A rise in European defense spending in response to doubts about the reliability of the U.S. as an ally could push inflation higher, but tariffs might have the opposite effect, the ECB President said.
Lagarde says ‘impossible’ for the ECB to always meet the 2% inflation target
Inflation fears have surpassed US borders. Christine Lagarde, president of the European Central Bank (ECB), warned that abrupt changes in global trade and the defense system of the region will make it more difficult to maintain inflation stability.
Lagarde warns of 'exceptionally high' uncertainty for trade, defence
European Central Bank President Christine Lagarde said on Wednesday that uncertainties surrounding trade policy and geopolitical situations are too high, making it increasingly challenging to maintain economic stability.
Lagarde's statement after ECB policy meeting
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: Link to statement on ECB website: Good afternoon, the Vice-President and I welcome you to our press conference.
Lagarde Says Era of Shocks Makes ECB’s Inflation Job Harder
European Central Bank President Christine Lagarde said abrupt shifts in global trade and the region’s defense architecture will make it harder to keep inflation stable.
ECB Needs Agility, Clarity to Respond to New Shocks, Lagarde Says
European Central Bank President Christine Lagarde said, "in an environment of uncertainty, a strong commitment to maintain price stability over the medium-term is more important than ever," as abrupt shifts in global trade and the region's defense architecture will make it harder to keep inflation stable.
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