ECB Pres. Christine Lagarde speaking:
ECB's Christine Lagarde is speaking in Harvard interview:
- ECB needs to maintain ample stimulus to reach goal
- Should guard against premature withdrawal of stimulus
- Sees risk of more divergence in the euro area after crisis
- Ambitious, coordinated fiscal stance remains critical
Yesterday the ECB Pres. said that the European economic recovery is "shaky" which could imply fresh stimulus from the ECB at their December meeting.
