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Showing 11 - 20 of 60 results for "Lagarde"

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
... until people are confident that it's safe to resume activities involving crowds of people." ECB president Christine Lagarde echoed the Fed's concern: "I don't want to be exuberant about this vaccination." In her introductory speech, Lagarde ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... and economists expect, especially given the renewed appreciation in the euro currency - to which ECB president Christine Lagarde explained that while it was discussed the bank does not target the exchange rate. The euro has appreciated by 5.8% against ...

Chief economist update: The ECB's PEPP economy

BENJAMIN ONG  |  FRIDAY, 5 JUN 2020
... this is in response to the ECB's gloomier revision to its macroeconomic outlook, revealed by ECB president Christine Lagarde in late May when she told his audience at 'European Youth Dialogue 2020' conference that the "mild" [a 5% contraction] ...

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... GDP growth to contract between 5% (mild scenario) and 12% (severe) in 2020. However, on May 27, ECB president Christine Lagarde told the audience at the 'European Youth Dialogue 2020' conference that the "mild" scenario is already outdated and ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... ample degree of monetary accommodation is still necessary." If I didn't know any better, I would infer that Madam Lagarde was channelling her previous role as head of the International Monetary Fund (IMF) and that the institution's missive "Tentative ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... maintain favourable liquidity conditions and an ample degree of monetary accommodation." To be sure, not even Christine Lagarde wants to come out with all guns blazing in her debut as the new ECB president; nor was there urgent need to do so. The December ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... put pressure on the ECB, prompting the latest increase in policy stimulus measures. It's now up to new ECB president Lagarde to try and finish what Mario has started. Arrivederci Signor Draghi.

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
... world economic growth forecasts (yet again) under its new managing director Kristalina Georgieva (who replaced Christine Lagarde who's replaced Mario Draghi as ECB chief). To be sure, Dr Georgieva has already warned about this in her inaugural speech ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... countries that trades with America). Trump might get what he wants from the Fed too. For as IMF managing director Christine Lagarde recently warned: "US-China tariffs-including those implemented last year-could reduce global GDP by 0.5 percent in 2020. ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... this year (from 2.9% it predicted in January) and 2.7% (from 2.8%) in 2020. Similarly, IMF managing director Christine Lagarde warned that, "US-China tariffs-including those implemented last year-could reduce global GDP by 0.5% in 2020 (see chart, bottom ...