ECB's Lagarde: "Stay the course" is my mantra on monetary policy

  • Remarks by ECB president, Christine Lagarde, in Davos
Lagarde
  • Fiscal policy shouldn't force monetary policy to do more
  • ECB does not target an exchange rate (when asked about EUR/USD moving to 1.20)

Some token remarks by Lagarde to start things off. Nothing that we haven't heard of already as of late from the ECB.

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