Christine Lagarde chairs her first monetary policy meeting since becoming European Central Bank chief * Lagarde: Not hawk or dove * Lagarde: Brexit and Trade War fears are easing * Lagarde press conference underway now * Breaking: No change at the ECB Earlier: * Lagarde chairs first ECB governing council today * Pound volatility spikes 2.28pm GMT _Q: Greece has been achieving a primary budget surplus, as demanded by its bailout, so when will its debt be included in the ECB’s stimulus programme?_ Christine Lagarde says she is “really delighted” with Greece’s recovery, and the progress made in recent years. It’s very impressive, on both growth and the primary surplus, which I had my view on.... 2.24pm GMT CHRISTINE LAGARDE IS PLANNING TO ACCELERATE THE ECB’S TASK FORCE STUDYING DIGITAL CURRENCIES. With stablecoins becoming more important (such as Facebook’s Libra) we’d “better be ahead of the curve”, she says. There is clearly a demand out there that we have to respond to. Continue reading...
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