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Shoot now and risk firing blanks: Lagarde's Covid-19 dilemma at ECB

While Ms Lagarde has pledged to do what's needed, the limited space for monetary policy at the ECB puts her in a much tighter bind than her international peers.


THE first crisis of European Central Bank president Christine Lagarde's four-month tenure will force her to decide this week whether to fire one of the few monetary-policy bullets she has left.

Days after the Federal Reserve slashed interest rates, Ms Lagarde and fellow...

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