Economics

Lagarde Reveals Dovish ECB View in Hint of Post-Draghi Policies

Incoming ECB president says policy makers must be ready to act
Governing Council forecast to lower interest rates next month

Christine Lagarde
Photographer: Andreas Arnold/Bloomberg

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By Fergal O'Brien

August 29, 2019 at 1:22 PM UTC

Updated on

August 29, 2019 at 2:41 PM UTC

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Incoming European Central Bank President Christine Lagarde offered a clear sign that she’s ready to follow Mario Draghi’s path and keep monetary policy ultra loose to lift euro-area inflation.