Watch European Central Bank President Christine Lagarde’s exclusive conversation with CNBC

Watch European Central Bank President Christine Lagarde’s exclusive conversation with CNBC


European Central Bank President Christine Lagarde sat down with CNBC’s Karen Tso for a wide-ranging, exclusive interview on the sidelines of the World Economic Forum’s annual meeting in Davos, Switzerland. 

The meeting kicked off the day after the inauguration of U.S. President Donald Trump, and the subject of potential trade tariffs were one of the dominant topics of discussion.

“What we need to do here in Europe is to be prepared and anticipate what will happen in order to respond,” Lagarde told CNBC.

In response to rising digital transactions, the ECB is developing a digital euro. However, Lagarde was hesitant to confirm its rollout.

“So, my hope is on the European Parliament, the Commission, the European Council, to come together and to make sure that the legislative setting is in place so that we can actually either give the green light or say, no, too complicated, too risky, too costly, we dump it,” Lagarde said.

Since taking office as president of the European Central Bank in November 2019,  Lagarde has dealt with unprecedented challenges, ranging from the Covid-19 pandemic, to rising energy costs and high inflation.

With less than three years of her term remaining, Lagarde said she remains focused on the job at hand. 

“I don’t care how I’m remembered. What I care about is getting the job done. We need inflation at 2%. I need to deliver price stability, so that the rest of the players can actually play their game at their best,” she said. 

Watch the video above for the full interview.

 

 

  

 

 

 

 



Source

The price of gold reached ,000 an ounce for the first time ever
World

The price of gold reached $4,000 an ounce for the first time ever

Fake gold bars piled up in Clermont-Ferrand France on March 25 2025. Romain Costaseca | Afp | Getty Images Gold prices hit $4,000 for the first time Tuesday as investors seek a safe haven from geopolitical volatility, economic uncertainty and stubborn inflation. Gold futures were last trading at $4,005.80 per ounce. Prices have gained more […]

Read More
WTO hikes global trade forecast for 2025 — but next year doesn’t look so good
World

WTO hikes global trade forecast for 2025 — but next year doesn’t look so good

A cargo ship sits outside of the Port of Elizabeth marine terminal seen from Bayonne, New Jersey, U.S., April 9 2025. Shannon Stapleton | Reuters The World Trade Organization on Tuesday hiked its forecast for global trade growth in 2025 but warned that the outlook for 2026 had deteriorated. In its latest “Global Trade Outlook […]

Read More
Nobel physics prize goes to pioneers of quantum mechanics
World

Nobel physics prize goes to pioneers of quantum mechanics

Photos of (LtoR) British physicist John Clarke at the University of California, USA, French physicist Michel H Devoret (University of California and Yale) and US physicist John M Martinis (University of California) are seen on a screen during a press conference on the awarding of the 2025 Nobel Prize in Physics at the Royal Swedish […]

Read More