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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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From: elmatador11/1/2019 12:27:23 AM
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Lagarde, new ECB president, calls for Investment stimulus

These remarks from Christine Lagarde, who is assuming the presidency of the ECB, are both well timed and significant.



Well timed because they highlight the urgent need for a policy handoff that focuses both on demand stimulus and pro-growth supply-side measure.


Significant because it’s unusual for an incoming ECB chief, indeed any central bank head, to venture into the politically-charged area of fiscal policy.


For background, this FT article from a month ago
Mohamed Elrian
https://www.linkedin.com/posts/mohamedelerian_ft-ecb-centralbanks-activity-6595768159087669248-Zul_
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