Economics

ECB Resistance to Draghi’s Final Push Augurs Warning for Lagarde

Draghi is facing unprecedented pushback against restarting QE
QE opponents may try to signal need for more collegial style

The ECB could restart QE at 40 billion euros per month, according to Pooja Kumra of TD Securities.(Source: Bloomberg)

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By Piotr Skolimowski and Jeannette Neumann

September 10, 2019 at 4:00 AM UTC

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Christine Lagarde may this week get a sense of things to come under her presidency of the European Central Bank, as her forerunner in the role encounters resistance to the final stimulus push of his tenure.