Christine Lagarde

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The President of European Central Bank Christine Lagarde attends a press conference following the meeting of the bank's governing council in Frankfurt, Germany, Thursday, Feb. 2, 2023. The fragmentation of the world economy into rival blocs led by the United States and China threatens to destabilize global commerce, increase inflation and reduce growth, European Central Bank President Christine Lagarde warned Monday. (AP Photo/Michael Probst) **FILE**

Lagarde: U.S.-China split may weaken growth and fuel inflation

By Paul Wiseman - Associated Press

FILE - The European Central Bank is located near the river Main in Frankfurt, Germany, Tuesday, Dec. 13, 2022. The ECB could slow its record pace of interest rate increases. Analysts say Thursday's meeting could see an increase of half a percentage point instead of three-quarters of a point after inflation fell unexpectedly in November. (AP Photo/Michael Probst, File)

European Central Bank slows rate hikes but vows more ahead

By David McHugh - Associated Press

FILE - In this Monday, FEB. 8, 2021 file photo, European Central Bank President Christine Lagarde addresses European lawmakers during a plenary session at the European Parliament in Brussels. The European Central Bank is expected to signal Thursday, April 22, 2021 that even if inflation rises later this year, it won't consider cutting back support for Europe's economy, which is lagging the U.S. and China amid a drawn-out struggle with the COVID-19 pandemic. (AP Photo/Olivier Matthys, Pool, File)

ECB head: Europe “on crutches,” still needs robust stimulus

By DAVID McHUGH - Associated Press

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)

Top central bankers: Economy needs help despite vaccine news

By DAVID McHUGH - Associated Press

The buildings of the banking district are seen under a red sky before sunrise in Frankfurt, Germany, early Saturday, Nov. 7, 2020. (AP Photo/Michael Probst)

Lagarde: Recovery could be stop-and-go despite vaccine news

By DAVID McHUGH - Associated Press

The European Central Bank is seen in Frankfurt, Germany, Thursday, Sept. 10, 2020. The governing council of the ECB will meet on Thursday. (AP Photo/Michael Probst)

European Central Bank expects to use full extent of stimulus

By DAVID McHUGH - Associated Press

President of the European Central Bank Christine Lagarde addresses an event to launch the private finance agenda for the 2020 United Nations Climate Change Conference COP26 at Guildhall in London, Thursday Feb. 27, 2020. The 2020 United Nations Climate Change Conference COP26 will be hosted in Glasgow from November 9 - November 19, 2020 under the presidency of the UK. (Tolga Akmen/Pool via AP)

ECB’s Lagarde: ‘Ready to take targeted action’ on economy

By DAVID McHUGH - Associated Press

Christine Lagarde president of the ECB reacts before making a speech during the annual report 2018 of the ECB, before the European Parliament's economic and monetary affairs committee at the European Parliament in Strasbourg, France, Tuesday Feb. 11, 2020. Lagarde warned that the world's central banks have little room to stimulate growth in the economy as interest rates and inflation are already very low. (AP Photo/Jean-François Badias)

European Central Bank chief urges governments to help growth

Associated Press

European Central Bank President Christine Lagarde arrives to a monetary dialogue meeting at the European Parliament in Brussels, Thursday, Feb. 6, 2020. (AP Photo/Francisco Seco)

Lagarde: Central banks have less room to combat a downturn

Associated Press

President of European Central Bank Christine Lagarde smiles prior to a press conference following a meeting of the governing council in Frankfurt, Germany, Thursday, Jan. 23, 2020. (AP Photo/Michael Probst)

European Central Bank holds rates, launches policy review

By DAVID McHUGH - Associated Press

President of European Central Bank Christine Lagarde listens during a press conference after a meeting of the governing council in Frankfurt, Germany, Thursday, Dec. 12, 2019. (AP Photo/Michael Probst)

European Central Bank sees a few upbeat signs in eurozone

By DAVID McHUGH - Associated Press

FILE - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels. Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)

Europe’s new central banker aims to put her stamp on the job

By DAVID McHUGH - Associated Press

New President of European Central Bank Christine Lagarde, right, talks to European Central Bank Vice President Luis de Guindos during a Finance Ministers Eurogroup meeting at the European Council headquarters in Brussels, Friday, Nov. 8, 2019. (AP Photo/Francisco Seco)

Europe’s new central bank chief faces slow growth, dissent

By DAVID McHUGH - Associated Press

Lagarde: Eurozone growth is weak, stimulus working

Associated Press

The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)

New ECB boss Lagarde adds her signature to euro banknotes

Associated Press

A police boat cruises over the river Main with the buildings of the banking district in background in Frankfurt, Germany, Tuesday, Nov. 19, 2019. (AP Photo/Michael Probst)

European Central Bank chief asks governments to help growth

Associated Press

Cars pass by near the skyline with the buildings of the banking district in Frankfurt, Germany, Tuesday, Oct. 22, 2019. (AP Photo/Michael Probst)

Eurozone economy grows at modest pact in third quarter

Associated Press

Outgoing European Central Bank President Mario Draghi shakes hands with his designated successor Christine Lagarde, at a ceremony celebrating the change at the head of the ECB in Frankfurt, Germany, Monday, Oct. 28, 2019. Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action to back up his words. (Boris Roessler/Pool Photo via AP)

As economy slows, new ECB head Lagarde faces big challenges

By DAVID McHUGH - Associated Press

The European Central Bank is seen next to the river Main in Frankfurt, Germany, late Wednesday, Oct. 2, 2019. (AP Photo/Michael Probst)

European Central Bank minority opposed bond-buying stimulus

By DAVID McHUGH - Associated Press

FILE - In this April 18, 2018, file photo, the World Bank CEO Kristalina Georgieva speaks at the World Bank/IMF annual spring meeting in Washington. Georgieva, a top official at the World Bank, was chosen by the IMF’s executive board on Wednesday to become the IMF’s managing director. She succeeds Christine Lagarde who is stepping down to take over as head of the European Central Bank. (AP Photo/Jose Luis Magana, File)

Economist who grew up in communist Bulgaria is new IMF chief

By MARTIN CRUTSINGER - Associated Press