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FILE - In this Tuesday Feb. 11, 2020 file photo, Christine Lagarde president of the ECB looks up prior to deliver her speech before the European Parliament's economic and monetary affairs committee at the European Parliament in Strasbourg, France. Lagarde says on Wednesday, Nov. 11, the recovery could be bumpy until vaccination becomes widespread. That warning came in a speech at an online ECB conference. While recent news of vaccine tests is promising, Lagarde says the economy could face recurring cycles of growth and restrictions until enough people can be vaccinated. (AP Photo/Jean-François Badias, File)

FILE - In this Tuesday Feb. 11, 2020 file photo, Christine Lagarde president of the ECB looks up prior to deliver her speech before the European Parliament's economic and monetary affairs committee at the European Parliament in Strasbourg, France. Lagarde says on Wednesday, Nov. 11, the recovery could be bumpy until vaccination becomes widespread. That warning came in a speech at an online ECB conference. While recent news of vaccine tests is promising, Lagarde says the economy could face recurring cycles of growth and restrictions until enough people can be vaccinated. (AP Photo/Jean-François Badias, File)

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