ECB May Extend Pandemic Emergency Purchases Beyond 2020

Apr.30 — The European Central Bank said its pandemic emergency purchase program could be extended beyond 2020 if necessary. The ECB stands ready “to re-calibrate and to adjust the size and the composition of PEPP in size and in length,” President Christine Lagarde said in response to a question from Bloomberg’s Carolynn Look during a … Read more ECB May Extend Pandemic Emergency Purchases Beyond 2020

EU Inches Toward Virus Rescue Deal Amid ECB’s Dire Warning

Apr.24 — Europe is inching closer to an economic response package to cushion the blow from the coronavirus pandemic while the European Central Bank is expected to increase emergency bond-buying in the coming months to ramp up support for an economy that ECB President Christine Lagarde sees shrinking as much as 15% this year. Maria … Read more EU Inches Toward Virus Rescue Deal Amid ECB’s Dire Warning

ECB Calls for Strong Virus Response

Apr.08 — There is contentious debate in Europe over how much coronavirus support should be given to EU member states. ECB President Christine Lagarde repeated her call for a strong fiscal response to the coronavirus as EU leaders failed to agree on how to take such a step. Bloomberg’s Kathleen Hays reports on “Bloomberg Markets: … Read more ECB Calls for Strong Virus Response

Lagarde Backs Calls for Joint Debt Issuance

Mar.27 — Yesterday’s call between EU leaders wasn’t as fruitful as had been hoped. They struggled to agree on a concrete strategy to contain the fallout from the virus in a coordinated way. Countries including France, Italy and Spain are pushing for more radical steps such as joint debt issuance, something ECB President Christine Lagarde … Read more Lagarde Backs Calls for Joint Debt Issuance

Damage control: Former ECB director defends current leader’s remarks

Jean-Claude Trichet, former president of the European Central Bank, defends current president Christine Lagarde after her comments stating that stimulus is not her job. “Christine was absolutely right to say, ‘Don’t forget we all do what we can, but the other partners should step in.’” Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news … Read more Damage control: Former ECB director defends current leader’s remarks

ECB issues stimulus package in bid to counter coronavirus impact

European Central Bank President Christine Lagarde unveiled a calibrated package of stimulus, spearheading the region’s financial response to the coronavirus with measures intended to support key parts of the euro-area economy. Insights via @CMEGroup: https://openmarkets.cmegroup.com/quicktake?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights Subscribe to our YouTube channel: https://bit.ly/2TwO8Gm QUICKTAKE ON SOCIAL: Follow QuickTake on Twitter: twitter.com/quicktake Like QuickTake on Facebook: facebook.com/quicktake Follow … Read more ECB issues stimulus package in bid to counter coronavirus impact

“An ambitious and coordinated fiscal policy response is required,” says Lagarde about Covid-19

VIDI1PU0IA_EN-ECB chief urges government action to deal with ‘major shock’ from virusVIDI1PU0IA_ENSHORT ID : 1PU0IACAPTION : ECB President Christine Lagarde says the coronavirus pandemic requires a coordinated response from finance chiefs and governments. SOUNDBITE of Christine Lagarde1. SOUNDBITE 1 – Christine Lagarde, ECB chief (female, English, 39 sec): “Governments and all other policy institutions are … Read more “An ambitious and coordinated fiscal policy response is required,” says Lagarde about Covid-19

Davos Now a Contrarian Indicator, says Summers

Jan.24 — Lawrence H. Summers, Former U.S. Treasury Secretary and Roger Ferguson, TIAA CEO discuss the economic outlook out of the World Economic Forum in Davos and ECB President Christine Lagarde’s second press conference as head of the central bank. They spoke with David Westin on “Bloomberg Wall Street Week.”

Lagarde Says Downside Risks Less Pronounced Due to Trade Deals

Jan.24 — European Central Bank President Christine Lagarde discusses the outlook for the European economy during a panel at the World Economic Forum’s annual meeting in Davos, Switzerland moderated by China National Institute of Financial Research Chairman Zhu Min.

ECB’s Lagarde on Strategic Review, Climate Change, Policy Tools

Jan.24 — European Central Bank President Christine Lagarde discusses the ECB’s strategic policy review, the role of central banks in combating climate change, and policy tools available to central banks. She speaks with Bloomberg’s Francine Lacqua at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Daybreak: Europe.”

Lagarde Says Don’t Assume ECB on Autopilot During Strategic Review

Jan.24 — European Central Bank President Christine Lagarde discusses the central bank’s strategic policy review. She speaks with Bloomberg’s Francine Lacqua at the World Economic Forum’s annual meeting in Davos, Switzerland on “Bloomberg Daybreak: Europe.”

President of the World Bank to Step Down in Summer 2012

The President of the World Bank, Robert B. Zoellick, will step down from his position on 30th June 2012. The announcement marks the culmination of his five year term as head of the supranational financial institution, in charge of dispersing more than $247 billion. Mr Zoellick said of his term as President: “The Bank is … Read more President of the World Bank to Step Down in Summer 2012

Inflation Still the Best Option for Sovereign Debt Crisis – Clem Chambers

The Euro crisis will slowly subside over coming months as the focus shifts to the real problem – that of sovereign debt, predicts Clem Chambers,  author of ‘101 Ways to Pick Stock Market Winners’. Opinion can get out of sync with reality, especially during periods of crisis. Statements being made now by politicians couldn’t get … Read more Inflation Still the Best Option for Sovereign Debt Crisis – Clem Chambers

Christine Lagarde is Appointed Head of the International Monetary Fund

Christine Lagarde has been appointed the head of the International Monetary Fund after a marathon of political horse-trading over one of the world’s most important roles. Australia waded into the debate on 25th June by announcing their support for Agustín Carstens with Christine Lagarde as a second choice. Christine Lagarde’s five-year term as IMF Managing … Read more Christine Lagarde is Appointed Head of the International Monetary Fund