Christine Lagarde – DIGIT INFO

Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy

DIGIT — Sat, 09 May 2026 17:42:39 +0000

European Central Bank (ECB) President Christine Lagarde rejected calls for Europe to promote euro-denominated stablecoins this week, warning that the risks to financial stability and monetary policy outweigh any benefits. Lagarde Warns European Banks That Euro Stablecoins Could Narrow ECB Rate Channel Lagarde delivered her remarks at the Banco de España Latam Economic Forum in […]

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Privacy Fears Undermine Support for Digital Euro in Germany

DIGIT — Sun, 18 Aug 2024 00:46:09 +0000

Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a digital currency, with about half unable to imagine using it. Bundesbank President Joachim Nagel has called cash “sacred” in Germany, reflecting deep-rooted concerns about losing […]

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ECB Maintains Interest Rates Amid Persistent Inflation Concerns

DIGIT — Thu, 18 Jul 2024 14:16:21 +0000

The European Central Bank (ECB) maintained its interest rates on Thursday, indicating that domestic price pressures and elevated inflation levels will persist into next year. After a recent rate cut, the ECB adopted a cautious stance, suggesting more evidence is needed before making another move. The ECB highlighted that while corporate profits are mitigating some […]

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Bitcoin critic, ECB chief Lagarde says her son ‘ignored’ her, lost money on crypto: Report

DIGIT — Fri, 24 Nov 2023 14:01:14 +0000

European Central Bank chief Christine Lagarde reportedly said her son ignored warnings against crypto investments and lost “about 60%” of his money.

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Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’

DIGIT — Sat, 06 May 2023 02:49:58 +0000

Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its debt obligations. “No one should assume that the Fed can protect the economy from the potential short and long-term effects of a failure to pay our bills on time,” he further cautioned. Fed Chair Jerome […]

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ECB’s Panetta Reinforces Digital Euro Focus on Payments

DIGIT — Wed, 26 Apr 2023 11:50:15 +0000

Fabio Panetta, a member of the executive board of the European Central Bank (ECB), announced the digital euro project was entering its final phase. Before the committee on economic and monetary affairs of the European Parliament, Panetta stated that the digital euro, if approved, would be focused on making payments easier for Europeans. ECB’s Panetta […]

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ECB President Lagarde on De-Dollarization: Reserve Currency Status Should No Longer Be Taken for Granted

DIGIT — Wed, 26 Apr 2023 05:35:00 +0000

European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.” Acknowledging de-dollarization efforts by various countries, she stressed: “New trade patterns may have ramifications for payments and international currency reserves.” ECB’s Christine Lagarde on De-Dollarization and Alternative Currencies The president of the […]

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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

DIGIT — Sun, 23 Apr 2023 18:00:32 +0000

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican […]

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ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

DIGIT — Tue, 18 Apr 2023 22:19:55 +0000

There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However, she warned that if the U.S. were to default […]

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ECB Member Fabio Panetta Claims Rising Profit Margins Could Be Fueling Inflation

DIGIT — Wed, 05 Apr 2023 05:00:06 +0000

Fabio Panetta, a member of the executive board of the European Central Bank (ECB), has stated that companies increasing their profit margins could be helping to fuel inflation. In an interview with the New York Times, Panetta warned about the effect that companies increasing such margins could have on inflation levels in the long term. […]

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