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Christine Lagarde Says Covid Vaccine ‘No Game Changer’ for ECB Stimulus Plans

  • President speaks in interview at Bloomberg’s New Economy Forum
  • Central bank is planning more monetary support in December
Christine Lagarde
Christine LagardePhotographer: Simon Dawson/Bloomberg

European Central Bank President Christine Lagarde doesn’t see the news that a coronavirus vaccine is near as fundamentally altering the institution’s plan to add monetary stimulus.

Lagarde said in an interview at Bloomberg’s New Economy Forum on Tuesday that the central bank is focused on stopping the current economic slump from worsening, and that it always assumed a medical solution would be available in 2021.