🎈 Up Big Today: Find today's biggest gainers with our free screenerTry Stock Screener

ECB's Lagarde discusses global pressures ahead of quiet period

EditorRachael Rajan
Published 12/04/2023, 10:34 AM

PARIS - Christine Lagarde, President of the European Central Bank (ECB), addressed students in Paris today via video, discussing the challenges faced by supranational organizations. In her remarks, she highlighted the increasing pressures from self-interested groups and emerging populist movements. This conversation comes just before the ECB enters its quiet period ahead of the December 14 policy meeting.

Lagarde observed that the world appears increasingly fragmented, where states are forming new agreements that have the potential to shake up the established global order. Her comments shed light on the geopolitical tensions and their implications for international cooperation and economic stability.

This engagement with students occurred after Lagarde tested positive for Covid-19 on Saturday. Despite her diagnosis, she remains active in her role, utilizing virtual means to continue her duties and public engagements.

The ECB's quiet period is a time when policymakers refrain from making public comments about monetary policy to avoid influencing financial markets before important policy decisions are announced.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.