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ECB President Christine Lagarde Signals No Intervention in France’s Fiscal Crisis
Lagarde said France must rely on domestic fiscal policy as bond yields climb and investors question the government’s deficit plan.
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ECB President Christine Lagarde signals no intervention in France’s fiscal crisis
(CNN) — The president of the European Central Bank played down speculation about intervention in France’s ballooning budget crisis on Wednesday.
·Madison, United States
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Asked if the ECB was going to help France, she said it was up to Paris to reassure investors.
ECB's Lagarde Puts France's Bond Troubles Back on Paris, Watches Inflation Spillovers - ActionForex
ECB President Christine Lagarde signaled that France must address its sovereign debt problems through domestic fiscal consolidation rather than expect the central bank to intervene in its bond market. Speaking at a CNN event on the sidelines of the IMF and World Bank meetings in Bangkok on Wednesday, Lagarde acknowledged that some countries were being […]
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Total News Sources10
Leaning Left0Leaning Right0Center7Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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