ECB’s Lagarde Holds Press Conference As Euro Weakens Despite Rate Hike

Christine Lagarde, President of the European Central Bank (ECB), explains the decision to raise key interest rates by 25 basis points in September and responds to questions from the press.

 

About Christine Lagarde

Christine Lagarde was born in 1956 in Paris, France. Graduated from Paris West University Nanterre La Défense and became President of the European Central Bank in November 1st 2019. Prior to that, she served as Chairman and Managing Director of the International Monetary Fund between 2011 and 2019. Lagarde previously held various senior ministerial posts in the Government of France: she was Minister of the Economy, Finance and Industry (2007–2011), Minister of Agriculture and Fishing (2007) and Minister of Commerce (2005–2007). 


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