• ECB's president Lagarde: ECB should guard against premature withdrawal of stimulus

Market news

7 October 2020

ECB's president Lagarde: ECB should guard against premature withdrawal of stimulus

  • ECB needs to maintain ample stimulus to reach goals
  • Ambitious, coordinated fiscal stance remains critical
  • Says she sees risk of more divergence in euro area after the coronavirus crisis
  • Path of recovery remains a long, uncertain
  • Consolidation would strengthen euro area banks
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