Economics
ECB Insists It Must Go Beyond Normal Tools, IMF Says Buckle Up
- ECB’s Lagarde says she’s undeterred by court criticism of QE
- IMF’s Georgieva says stronger nations must lead virus response
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European Central Bank President Christine Lagarde said she has no choice but to go beyond conventional policies to combat the coronavirus crisis, in remarks delivered two days after a German court ruled that the institution’s bond-buying program may be illegal.