European Central Bank (ECB) President Christine Lagarde has sounded the alarm on global economic risks, urging nations to collaborate amid escalating trade uncertainties. In an exclusive interview with CGTN, Lagarde highlighted the 'rollercoaster of trade tensions' impacting central banks worldwide, stressing that 'no economy is an island' in today’s interconnected markets.
Lagarde praised the ECB’s partnership with the People’s Bank of China (PBOC), calling it a 'cornerstone for stability' as both regions navigate supply chain disruptions and inflation challenges. She also spotlighted the EU-China relationship, emphasizing shared goals in green tech and digital innovation. 🌱💡 'When major economies work together, everyone benefits,' she said, hinting at upcoming joint initiatives to streamline cross-border payments.
With young professionals and investors in mind, Lagarde’s message is clear: global teamwork isn’t just ideal—it’s essential. As tariff debates heat up, her call for dialogue over division could shape the next chapter of international finance. 🚀
Reference(s):
ECB President urges global cooperation amid tariff uncertainties
cgtn.com