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Some ECB Officials Pushed for More Optimistic Economic View

  • Officials wanted statement to say rebound better than expected
  • French central banker said to have been upbeat on his economy
Christine Lagarde
Christine LagardePhotographer: Alex Kraus/Bloomberg
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Some European Central Bank officials wanted President Christine Lagarde to take a more optimistic view on the economy in her remarks following the Governing Council’s meeting on Thursday, according to people familiar with the discussion.

Those officials suggested describing the recovery so far from the pandemic-induced recession as a bit better than anticipated, the people said. The final statement said the euro-area’s economic performance has been “broadly in line with previous expectations.”