Economics
Lagarde Primes ECB for More Economic Stimulus
- President says staff already studying a mix of policy options
- Full flexibility of bond-buying plan will be used in meantime
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European Central Bank President Christine Lagarde said there is “little doubt” that policy makers will agree on a new package of monetary stimulus in December as coronavirus infections and renewed lockdowns threaten a double-dip recession.
The comment to reporters, after policy makers agreed to keep their stimulus settings unchanged for now, highlights how the resurgent disease has derailed the region’s upturn.