Christine Lagarde: Hearing of the Committee on Economic and Monetary Affairs of the European Parliament
By Bank for International Settlements (BIS)
In her inaugural hearing before the European Parliament, ECB President Christine Lagarde outlines a dual-track vision for the Eurosystem, focusing on immediate economic stabilization and long-term structural transformation. The address begins by addressing the Eurozone's sluggish growth and the ECB’s commitment to a highly accommodative monetary stance.
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