The new European Central Bank boss should resist pressure to lower interest rates further stillWelcome to Frankfurt,Christine Lagarde. A new job as head of the European Central Bank awaits. There are only so many supranational jobs on the political and economic circuit and you absorb nabbed a moment one after seven years at the helm of the International Monetary Fund.
There is much work to be done, not least the task of rescuing a eurozone economy that has seen four years of steady growth across most parts of its 19-member currency bloc start to evaporate. Related: George Osborne must understand the IMF role is no popularity contest | Nils Pratley Continue reading...
Source: theguardian.com