{"id":505333,"date":"2025-10-16T23:12:15","date_gmt":"2025-10-16T23:12:15","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/505333\/"},"modified":"2025-10-16T23:12:15","modified_gmt":"2025-10-16T23:12:15","slug":"europe-well-positioned-for-future-shocks-says-ecbs-lagarde","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/505333\/","title":{"rendered":"Europe \u2018well positioned\u2019 for future shocks, says ECB\u2019s Lagarde"},"content":{"rendered":"<p><img fetchpriority=\"high\" alt=\"Christine Lagarde\" loading=\"eager\" width=\"912\" height=\"570\" decoding=\"async\" data-nimg=\"1\" class=\"html-img h-auto w-full\" style=\"color:transparent\"   src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/10\/80ed6e14-christine-lagarde-1.jpg\"\/>European Central Bank president Christine Lagarde (right) and Singapore\u2019s President Tharman Shanmugaratnam share the stage at the IMF conference in Washington. (AP pic)<br \/>\nWASHINGTON: Europe, under pressure from US tariffs and the war in Ukraine, is in a strong position to weather the next economic storm, ECB president Christine Lagarde said Thursday.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">With inflation in the eurozone hovering around the European Central Bank\u2019s two percent target in recent months, \u201cwe are in a good place, and we are well positioned to face future shocks,\u201d Lagarde said during an event at the International Monetary Fund in Washington.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">\u201cWe have to face key risk in quantities that we could not anticipate,\u201d she said, citing, among other things, customs pressures and the ongoing war in Ukraine.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">\u201cWe had uncertainty, granted, but eventually this driver was not as bad as we had anticipated,\u201d she added.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">Many analysts predicted that the increase in US tariffs on European exports, which were ultimately set at 15% after tough negotiations, would cause a major shock to growth and a resurgence of inflation in the eurozone.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">However, the shock has \u2013 so far \u2013 been less pronounced than feared, with a stronger euro helping to reduce imported inflation.<\/p>\n<p class=\"py-1.5 mb-4 text-lg\">Earlier this week, the IMF revised its growth forecast for the eurozone for 2025 upwards to 1.2%, thanks to the robust health of the Spanish economy and a slight improvement in Germany and France.<\/p>\n","protected":false},"excerpt":{"rendered":"European Central Bank president Christine Lagarde (right) and Singapore\u2019s President Tharman Shanmugaratnam share the stage at the IMF&hellip;\n","protected":false},"author":2,"featured_media":505334,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[472,15685,2000,299,5187,476,657,2612],"class_list":{"0":"post-505333","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-christine-lagarde","9":"tag-ecb","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-inflation","14":"tag-ukraine","15":"tag-us-tariffs"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115386381152448560","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/505333","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=505333"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/505333\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/505334"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=505333"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=505333"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=505333"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}