Economics
Lagarde Says ECB Is Ready to Help Solve German Court Problem
- Comment suggests a more active approach to tackle the issue
- Lagarde speaks in virtual hearing by European Parliament
The European Central Bank headquarters stands in Frankfurt.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
European Central Bank President Christine Lagarde signaled her institution is willing to play a more active role in responding to a critical ruling by Germany’s constitutional court over its monetary policy.
Speaking to lawmakers in the European Parliament on Monday, Lagarde said the ECB “will provide any support and assistance that can be helpful” in addressing charges that bond purchases conducted since 2015 to lift inflation might have disproportionate side effects.