Lagarde tests positive for Covid-19 days before ECB meeting

INSUBCONTINENT EXCLUSIVE:
European Central Bank President Christine Lagarde tested positive for Covid-19 just days before policy makers& next decision, and said the
diagnosis won''t affect the operations of her institution.The ECB&s Governing Council meets on April 13-14 to set monetary policy for the
euro area
A spokesperson for the central bank said the post-meeting press conference will go ahead as planned, with the format to be decided in the
coming days.In December, ECB Vice President Luis de Guindos also contracted the virus days before a policy meeting and joined the concluding
press briefing remotely at that time
Andrea Enria, the head of the central bank&s supervisory arm, had Covid in January.ECB officials are weighing how to respond to record
inflation in the currency bloc while the war in Ukraine darkens the economic outlook
Some have held out the possibility of raising interest rates this year, though they&ve also stressed the need to keep options open and to
act on the basis of incoming data.The post Lagarde tests positive for Covid-19 days before ECB meeting first appeared on Ariana News.