Lagarde said the euro's strength goes against intuition, but makes sense

date
18/05/2025
European Central Bank President Christine Lagarde attributed the recent rise in the Euro to US President Donald Trump's erratic policies, and sees it as an opportunity for Europe. Lagarde emphasized the importance of Euro stability and EU independence, noting that digital Euro and single capital market are growth areas. Lagarde expressed optimism about the European economy, citing improvements in employment and purchasing power, but also pointed out that the uncertainty of US policies could slow down the recovery of the European economy.