US EditionECB’s Lagarde Replaces Fed’s Powell on Two Key BIS Committees
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ECB’s Lagarde replaces Fed’s Powell on two key BIS committees
LONDON (Reuters) -European Central Bank President Christine Lagarde is to take over from Federal Reserve chief Jerome Powell as head of two of the Bank for International Settlements’ key economic groups, the central bank umbrella body said on Wednesday. Powell has been chair of the BIS’s Global Economy Meeting (GEM) which involves 30 top central bankers and its Economic Consultative Committee (ECC) since 2019 when he took over from then-governor…
Lagarde replaces Powell at the central bank Christine Lagarde, who holds the title of CEO of the European Central Bank, will now have another title. She will be chairing two important meetings.
The president of the European Central Bank (ECB), Christine Lagarde, will take over from the head of the Federal Reserve (Fed), Jerome Powell, at the head of two of the key economic groups of the Bank for International Settlements (BPI), informed on Wednesday the body that brings together the central banks.Powell chairs since 2019 the BIS Global Economy Meeting (GEM), in which the 30 main central bankers participate, and its Economic Advisory Co…
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