New ECB presidency must mean a fresh approach to inflation

New ECB presidency must mean a fresh approach to inflation
Work already piling up for Christine Lagarde. Picture: Getty

The European Central Bank should pay mind to the Banks of New Zealand and Canada, whose strategies on inflation offer greater flexibility, writes Michael Heise

The imminent arrival of Christine Lagarde as president of the European Central Bank represents an opportunity – if not an obligation – to review the bank’s policy framework. The ECB can take credit for major achievements during Mario Draghi’s presidency – most importantly, stabilising the eurozone during the 2007-08 global financial crisis and ending speculation about the possible break-up of the single currency during the sovereign debt crisis in 2012. But the ECB’s strategy of...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription


For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription


For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription


For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post