45FINANCE
⚡ Markets: Lagarde's focus on productivity and structural reform rather than monetary stimulus reinforces the ECB's current policy stance. Neutral to slightly hawkish implications for ECB rate policy.EURUSDEU Stoxx 50German Bunds
In an interview, European Central Bank President Christine Lagarde stated that economic growth in Europe is "not a lost cause" and called for a "vigorous and rapid" reaction from Eurozone countries to improve productivity. Her comments come amid persistent concerns over the region's economic stagnation.
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