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ECB’s Lagarde: Central banks have responded to the crisis in a ‘massive’ way

June 26, 2020 at 08:17AM

ECB’s Lagarde: Central banks have responded to the crisis in a ‘massive’ way
Further comments by Lagarde
– This crisis is worse than the 2008-09 financial crisis
– The ECB mandate is the same i.e. focus on price stability
– We have to use instruments that provide the most proportionate response

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