ECB Pres. Christine Lagarde speaking:

ECB's Christine Lagarde is speaking in Harvard interview:

  • ECB needs to maintain ample stimulus to reach goal
  • Should guard against premature withdrawal of stimulus
  • Sees risk of more divergence in the euro area after crisis
  • Ambitious, coordinated fiscal stance remains critical

Yesterday the ECB Pres. said that the European economic recovery is "shaky" which could imply fresh stimulus from the ECB at their December meeting.