Madame Lagarde counts on a disengaged public and on biased journalists

Normally the tone of an ECB press-conference is one of personal familiarity, with Martin Arnold, FT-correspondent in Frankfurt adressing the ECB President as „Christine“. On July 27th 2023 this was reciprocated. Lagarde referred to Mr Arnold, a faithful supporter of the ECB and its president as „Martin“ and gratefully used his „question“ to repeat what she had said time and again previously: the ECB is sticking to its guns to bring inflation to targeted levels. (Weiterlesen …)