Christine Lagarde's Impossible Challenge
4 Articles
4 Articles
Christine Lagarde’s Impossible Challenge
If Federal Reserve Chair Kevin Warsh thinks he has a difficult inflation challenge with Trump breathing down his neck for lower interest rates, he should spare a thought for Christine Lagarde, the president of the European Central Bank (ECB). Not only does she have an inflation challenge and a eurozone economy that is being hit by several external shocks. She will also soon need to bail out the French economy, which seems to be on the cusp of a …
Wer immer Christine Lagarde als EZB-Prässident nachfolgt, muss sich mit Frankreichs wachsendem Schuldenberg herumschlagen. Das ist für den ganzen Euroraum ein
Whoever follows Christine Lagarde as ECB President has to deal with France's growing debt, which is a massive problem for the entire euro area.
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