At the 2026 World Economic Forum annual meeting in Davos, CGTN correspondent Guan Xin sat down with European Central Bank President Christine Lagarde for a deep dive into the global macroeconomic outlook.
Lagarde described the euro area’s growth as modest but steady. While inflation has slowed since its peak, she warned central banks remain vigilant. "We need to balance supporting the recovery with anchoring price stability," she noted.
On monetary policy, Lagarde hinted that interest rates could stay higher for longer if inflationary pressures persist. But she also stressed flexibility, suggesting the ECB is ready to adjust its stance as data evolves. 🔍💶
Financial stability was another hot topic. Lagarde emphasized the importance of strong risk management in banks and the need to monitor emerging threats—from market volatility to cyber risks. "Coordination with global partners is key," she added.
Speaking of cooperation, Lagarde highlighted how shared challenges—from supply chain strains to climate change—demand joint action. She praised progress on a digital euro and called for more cross-border collaboration to drive innovation and resilience. 🌐🤝
As uncertainty looms—shaped by geopolitical tensions and uneven recoveries—Lagarde’s message was clear: adaptability, vigilance, and solidarity are our best tools. For young professionals, entrepreneurs, and students watching, these insights offer a roadmap to navigate a shifting economic landscape. 🚀
Stay tuned for more updates from Davos and deeper dives into the policies shaping our future.
Reference(s):
Live: At Davos — In conversation with ECB President Christine Lagarde
cgtn.com
