Central Banks

ECB and Fed Chiefs Talk, But Don’t Coordinate, Lagarde Says

  • Inflation ‘not quite’ defeated, but ECB is getting there
  • ECB president Lagarde speaks on Daily Show with Jon Stewart

Christine Lagarde

Photographer: Krisztian Bocsi/Bloomberg

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European Central Bank President Christine Lagarde said she and her counterpart at the Federal Reserve Jerome Powell exchange views, but don’t coordinate.

“We talk to each other, but we don’t coordinate, we don’t,” she told Jon Stewart in a Daily Show interview broadcast late on Monday in New York.