Economics

ECB’s Lagarde Plays Down Concerns About Euro-Zone Stagflation

Russia’s war in Ukraine will have ‘consequences’ for growth
Fiscal aid for energy spike should be targeted, Lagarde says

Christine Lagarde
Photographer: Alex Kraus/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By William Horobin

March 21, 2022 at 9:22 AM UTC

Updated on

March 21, 2022 at 10:18 AM UTC

This article is for subscribers only.

Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

European Central Bank President Christine Lagarde played down fears about euro-area stagflation, despite Russia’s invasion of Ukraine starting to weigh on the economy while further stoking already-record gains in consumer prices.