The owl has landed: Lagarde’s new vision for the ECB
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The owl has landed: Lagarde’s new vision for the ECB

On December 12, Christine Lagarde introduced her goals and vision in her first rate-setting meeting as the new President of the ECB. On the actual policy front, there were no surprises. She remained committed to the path set by her predecessor, Mario Draghi, and kept the current monetary stimulus unchanged….