Overview

• In an interview with MTV News Finland, ECB President Christine Lagarde said the institution is in a good position and will do what is necessary to fulfill its mandate.
• Lagarde said the eurozone has proved more resilient than expected, noting progress already achieved under current policy settings.
• She observed that the U.S. Federal Reserve faces political pressure from President Donald Trump's government and argued that central banks function best when independent and trusted.
• Lagarde suggested that if the Fed’s independence were compromised, the euro could strengthen and Europe’s role in the global economy could grow as investors seek stability.
• She rejected speculation about leaving the ECB before her term ends in 2027 to lead the World Economic Forum, saying she plans to serve her full mandate unless something unpredictable occurs.