Christine Lagarde chairs her first monetary policy meeting since becoming European Central Bank chief
- Lagarde: Not hawk or dove
- Lagarde: Brexit and Trade War fears are easing
- Lagarde press conference underway now
- Breaking: No change at the ECB
Christine Lagarde is going to make her mark, slowly but firmly, at the European Central Bank.
The key message from the new president’s first governing council is that she will fully review the ECB’s work, giving more weight to the climate emergency and economic inequality.
Final question: has the ECB considered changing the limits of its Asset Purchase Programme (the bond-buying stimulus programme)?
No, says Christine Lagarde, we didn’t talk about changing this today [there have been concerns that the ECB could eventually run out of certain assets to buy]
Happy holidays, Merry Christmas, and whatever you celebrate I hope you are happy, and make those around you happy.