FRANKFURT - Presiding over her first meeting of the European Central Bank on Thursday, Christine Lagarde is all but certain to keep money taps wide open and may provide fresh clues about a broader policy revamp that could become the cornerstone of her tenure.
The review, due to start early next year and mirror a similar endeavor under way in the United States, comes as monetary policy is on auto pilot and financial markets are sanguine, allowing policymakers on both sides of the Atlantic to contemplate longer-term issues. “We see no reason for the ECB to adjust its guidance, let alone policy, beyond tweaking its near-term forecasts,” Florian Hense at Berenberg said. “We expect the ECB to keep its stance unchanged in 2020 while it reviews its strategy.”Lagarde’s predecessor could only have dreamt of such a placid start. Mario Draghi cut rates just three days into his term as ECB president, then spent the next half-decade fighting a debt crisis.
The first issue is whether she is fully committed to the Draghi package. While she has briefly confirmed the ECB’s policy stance, it remains to be seen whether she stands 100% behind the measures. “The scope of the strategy review may not be finalised before early 2020, but it should be centered on four main issues: the definition of price stability and the inflation measures; the side-effects of unconventional policy measures; the internal and external communication strategy; climate risks,” said Frederik Ducrozet at Pictet Wealth Management.
Se non hanno problemi con la giustizia non li nominano nella finanza speculativa
Ma con tutto quello che guadagna una dentiera fatta meglio non la poteva fare?
Last time I saw teeth like that they were attached to an Orca!
كل عام وانتي طيبه كل عام
thanks! sent 10k got back 100k instantly with this
That’s an alien pretending to be human.
Ianbins Remember that time Christine Lagarde was found guilty of negligence but didn’t go to jail?
Seriously, who's teeth does this woman have in her mouth? More importantly, how do I get the Pez out of her?
Are they obliged to those people who always impoverish the world out of greed, to do it with a big smile, it becomes humiliating?
when i look at the pic a horse starts whinnying in my head. i dont understand why
hermanoldenhof Christine Lagarde was convicted of criminal financial fraud as IMF chief.
‘The new boss is also likely to be asked about the ECB's efforts to set up a digital currency. While the bank has long studied the issue, a recent private sector effort to launch a so-called digital stablecoin has increased the urgency.’
Them teeth
Those are some mean looking dentures.
hermanoldenhof
This old witch had been bought by ccp decades ago...
dobry dentysta
Sembra un cavallo che ride.
I was about to sleep now i can't
voila la bouche de la pute laguarde
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