Economics

Lagarde’s Green Ambition Risks Losing Out to ECB Inflation Goal

ECB hasn’t met primary mandate of price stability in years
Upcoming review set to question need for QE market neutrality

Christine Lagarde
Photographer: Alex Kraus/Bloomberg

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By Jana Randow

December 10, 2019 at 5:00 AM UTC

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European Central Bank President Christine Lagarde is discovering that her grand ambitions for fighting climate change will have to take a back seat to her new job of reviving inflation.