Below is an extract of a post published on Guardian titled "Christine Lagarde to make first policy speech as European Central Bank boss – business live"
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Via: Guardian
Rolling news coverage of markets, economics and business as investors look to key eurozone economic data 8.05am GMT Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. Investors’ eyes this morning are on Christine Lagarde, as the still fresh European Central Bank boss makes her first proper speech at the helm of one of the world’s key monetary policy setters. The ECB’s new president, Christine Lagarde, will most likely be unable to provide much more in the way of monetary-policy stimulus, given that one-third of the ECB Governing Council already opposes the current round of easing. BREAKING: Chinese leader Xi Jinping says Beijing wants a trade deal with the U.S. but if need be will ‘fight back.’ https://t.co/QU3QlZCvg5 We want to work for a ‘phase one’ agreement on the basis of mutual respect and equality. When necessary we will fight back, but we have been working actively to try not to have a trade war. We did not initiate this trade war and this is not something we want. Continue reading…
