• ECB chief Lagarde says the eurozone is 'at a turning point' on interest rates, sending the euro higher against the dollar

    1 month ago - By Business Insider

    Christine Lagarde is president of the European Central Bank. Thomas Lohnes/Getty Images
    ECB President Christine Lagarde says the eurozone is at a "turning point" on interest rates.
    She stressed however that taking the eurozone out of an environment of negative interest rates won't be rushed.
    "We don't have to rush and we don't have to panic," she told Bloomberg TV in Davos.
    European Central Bank President Christine Lagarde said on Tuesday the central bank is "at a turning point" with its monetary policy, but stressed there was no need for it to rush to raise rates or withdraw economic...
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