Page content
European Central Bank chief says global economy shifting from risk to uncertainty era
European Central Bank President Christine Lagarde on Thursday warned that the global economy is moving from a period of risk into a new era of uncertainty, where traditional forecasting models are increasingly inadequate. Speaking at the Global Risk Conference organized by Johns Hopkins University in Italy, Lagarde said the ECB would maintain flexibility in monetary policy as geopolitical tensions rise, particularly following the escalation of conflict in the Middle East after US and Israeli strikes on Iran. [...]