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Saturday, October 19, 2019

Tag: Christine Lagarde

Lagarde says, ‘I was hesitant on ECB job’

The new ECB President says would rely on surroundings to drive agenda.

Lagarde trails prior ECB presidents in winning over EU lawmakers

Christine Lagarde's nomination for the ECB presidential post was opposed by eleven members of Parliament’s Economic and Monetary Affairs Committee.

Lagarde says ECB must be agile to fight economic slowdown

Christine Lagarde says the ECB must be mindful of the potentially negative effects of its unconventional policies and take people’s concerns about them into account.

ECB chief Draghi ‘not available’ to lead IMF

He adds that he was 'very honoured' that his name should have come up as a possible candidate.

Draghi prepares his legacy for like-minded Lagarde as ECB meets

Draghi will this week lead a policy meeting that’s widely expected to set the stage for a September interest-rate cut and a possible resumption of quantitative easing.

Lagarde resigns as IMF chief, cites more clarity on ECB post

Christine Lagarde says her resignation would speed up the selection of her successor.

Franco-German agreement on Carney for IMF job lacks substance

There is no basis to a German daily suggesting Paris and France agreed for Mark Carney to become IMF's next chief.

Lagarde set for October confirmation as next ECB president

Christine Lagarde's nomination for ECB president will go to its Governing Council and the European Parliament for consultation.

Lagarde successor at IMF should be European, say ministers

Bruno Le Maire says ministers not only want a European candidate for IMF's top post but the person has to possess some uniqueness as well.

Lagarde must shift ECB policy, says German party chief

Annegret Kramp-Karrenbauer says she expects Christine Lagarde to uphold the ECB’s mandate for independence and an inflation target of 2%.

Europe needs to find candidate to head IMF

Traditionally the Washington-based IMF has been led by a European, while its sister institution the World Bank has been run by an American.

IMF’s Lagarde touted for European Central Bank president

Christine Lagarde is a top choice of European Union leaders to helm the European Central Bank presidential post.

Trade war won’t benefit anyone, says IMF chief

Christine Lagarde says global growth could slow if trade tension continues.

IMF’s Lagarde urges G20 to prioritise resolving trade tensions

IMF's Christine Lagarde is calling the G20 group to prioritise on solving trade war tensions as it could be risky to the global economic growth.

IMF warns US-China tariffs to slash global growth in 2020

IMF says the global economic outlook could be slashed by 0.5% in 2020 and cause some US$455 billion in gross domestic products to evaporate.

IMF chief says Brexit delay avoids ‘terrible outcome’

The three years since the June 2016 UK referendum to leave the EU have weighed most heavily on Britain.

China hails `New Consensus’ on trade, though deal not ready yet

“If we have a deal, then we’ll have a summit,” Trump said. It might take four weeks to put together a framework for the deal and two weeks more to get the details on paper, he said.

‘Precarious’ global rebound expected in late 2019

IMF chief Christine Lagarde said the world economy was vulnerable to shocks from Brexit, high debt levels and trade tensions, as well as unease on financial markets.

IMF warns of global economic ‘storm’ as growth undershoots

IMF Managing Director says trade tensions are already having a global impact.

Pakistan premier Khan to meet IMF chief Lagarde for talks on...

Information Minister Fawad Chaudhry says Khan will meet IMF Managing Director Christine Lagarde on the sidelines of the World Government Summit in Dubai.

IMF chief to meet Mahathir in Singapore

The prime minister is scheduled to meet Christine Lagarde on the sidelines of the 33rd Asean Summit in Singapore.

Trump says Fed ‘making a big mistake’ by being too aggressive

Trump's comments followed unprecedented criticism late Thursday, when he said the Feds had gone crazy, and blamed the interest rate increases for the stock selloff, which caused the Dow Jones Industrial Average to lose more than 800 points.

IMF chief defends rate hikes after Trump slams ‘crazy’ Fed

Lagarde spoke as a global market sell-off rolled into Asia following Trump's comments, underscoring rising financial volatility that the IMF will address at its annual meetings with the World Bank this week in Bali.

Fix trade, don’t destroy it, IMF chief Lagarde warns

Finance ministers and central bankers from many of the IMF's 189 member nations are meeting in Bali this week where concerns about protectionism have taken centre stage -- especially the escalating trade war between the United States and China.