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Christine Lagarde: Interview with Ouest-France

Christine Lagarde was at the Fête de la pomme in Normandy, lending her European perspective without running for office. She explained the European Central Bank's decision to raise interest rates, citing inflation and the ongoing Middle East conflict. Lagarde emphasized the need for structural reforms and productivity improvements to counteract demographic challenges.

She dismissed the idea of cancelling French debt, deeming it dangerous and against European treaties. While acknowledging potential risks from AI-related assets, she affirmed her stance on the future of French politics, stating she would not seek a return to national politics and would step down from the ECB in 2027.

Written by urgent.news from ECB Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at ecb.europa.eu →

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