Central Banks

Lagarde Says Early ECB Exit No Option With Clouds on Horizon

Lagarde Says EU Economy Between ECB Baseline, Adverse Scenarios

President Christine Lagarde said an early exit from the European Central Bank isn’t currently an option for her in the face of the economic crisis brought on by the Iran war.

“When there is big clouds on the horizon, the captain does not leave the ship — and this captain is not going to leave the ship, because I see clouds,” Lagarde said Tuesday in an interview with Bloomberg TV in Washington.