Current ECB Policy
Economic Outlook for Europe
Warned that protectionism and dollar instability could harm European growth.
The euro is currently the second global reserve currency (20% share), far behind the U.S. dollar (58%).
Reducing exposure to exchange rate risk
Shielding Europe from external coercion and sanctions
Geopolitical credibility: strong trade networks and military alliances
Legal/institutional trust: rule of law, ECB independence, and political unity
Strengthen trade by expanding EU agreements and emphasizing win-win partnerships.
Build safe assets through common European financing and fiscal unity.
Lagarde sees the shifting global order as both a risk and an opportunity.
The ECB will play a supporting role, but political and economic cohesion across the EU is essential to seize this moment.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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