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Lagarde


EUR/USD has dropped to the lowest this year, below 1.1070, after Christine Lagarde, President of the European Central Bank, said that it will take climate change into its considerations. The crisis may trigger the usage of additional monetary stimulus.  Earlier, the ECB left its interest rate unchanged at -0.50% as widely expected. The Frankfurt-based institution continues …

Christine Lagarde, managing director of the International Monetary Fund (IMF), speaks at the Group of 20 (G-20) high-level seminar on financial innovation “Our Future in the Digital Age”, on the sidelines of the G-20 finance ministers and central bank governors meeting in Fukuoka, Japan, on Saturday, June 8, 2019. Kiyoshi Ota/Pool via REUTERS FUKUOKA (Reuters) …