Tag: Christine Lagarde

ECB President Comments on Inflation Targeting

Europe’s top central banker Wednesday suggested that symmetrical inflation targeting could have merit in dispelling the low inflation environment suffered in advanced economies since the financial crisis. Addressing the ECB and its Watchers XXI conference in Frankfurt, ECB President Christine Lagarde noted that many central banks have explored a strategy to overshoot inflation to “explicitly […]

ECB’s Lagarde Unveils New Transparency Measures

Europe’s top central banker Monday promised greater transparency in its communications with the European Parliament, stepping up efforts to enhance public accountability following a rebuke from a German court back in May. Effective immediately, the European Central Bank (ECB) will publish “the opinions of the ECB Ethics Committee for cases of conflict of interest and […]

ECB: Recovery Uncertain; Monitoring Euro Strength

The eurozone economy faces an uncertain future, despite evidence of a robust third quarter rebound, according to the eurozone’s top central banker. “While incoming data suggest that we will see a strong rebound during the third quarter, the strength of the recovery remains very uncertain,” said European Central Bank President Christine Lagarde, according to the […]

BIS Shuffles the Leadership Pack on Committees

Central bank Governors meeting at the Bank for International Settlements (BIS), a hub for central banks and other financial regulatory and supervisory authorities, made a number of appointments to lead key central bank groups. Jerome Powell, chair of the Board of Governors of the Federal Reserve System, has been named chair of the Global Economy Meeting (GEM) and the Economic Consultative Committee, after consultations […]