The ECB at the crossroads

What should real estate investors expect from the appointment of Christine Lagarde?

From Mario Draghi to Christine Lagarde

 

At the end of 2019, Christine Lagarde replaced Mario Draghi, the man who was ready to do “whatever it takes” to save the euro. The ex-chair of the IMF (International Monetary Fund) has taken the reins of an ECB (European Central Bank) divided over the strategy to follow for the next decade.

Traditionally split between stringency and monetary flexibility, the Frankfurt institution must face up to new challenges. To respond to these issues, Christine Lagarde will have to redefine the framework of the monetary policy (inflation target), while the banking and budget union has not yet been achieved.

The Primonial REIM Research team has analysed the situation in the Minute Eco.

Read the analysis

The team

Daniel While
Daniel While Research, Strategy & Sustainability Director

Henry-Aurélien Natter
Henry-Aurélien Natter Research Manager

Adrien Isidore
Adrien Isidore Economist Statistician

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