IMF Wants More Easing From ECB

Flickering signs of a recovery may be visible in the euro zone, but Christine Lagarde, the managing director of the International Monetary Fund, has called for more monetary easing by the European Central Bank (ECB) to combat falling inflation.

Speaking in Washington on Wednesday at the Johns Hopkins School of Advanced International Studies, Lagarde said there was an emerging risk of what she called “low-flation,” particularly in the euro area.

“A potentially prolonged period of low inflation can suppress demand and output–and suppress growth and jobs. More monetary easing, including through unconventional measures, is needed in the euro area to raise the prospects of achieving the ECB’s price stability objective,” she said.


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Mingze Wu

Mingze Wu

Currency Analyst at Market Pulse
Based in Singapore, Mingze Wu focuses on trading strategies and technical and fundamental analysis of major currency pairs. He has extensive trading experience across different asset classes and is well-versed in global market fundamentals. In addition to contributing articles to MarketPulseFX, Mingze centers on forex and macro-economic trends impacting the Asia Pacific region.
Mingze Wu