CatalystMacro

The opening paragraph from the must-read remarks on the European economy by ECB President Christine Lagarde (link below):

"Europe’s post-war growth model rested on three mutually reinforcing pillars. Today, all three are weakening as the international environment changes."

What changed

"Europe’s post-war growth model rested on three mutually reinforcing pillars. Today, all three are weakening as the international environment changes." https://t.co/9vc1cZuSY6 #economy #markets @ecb @Lagarde — via @elerianm

Why it matters

ECB President flags weakening pillars of Europe's growth model, signaling major policy shift.

Sources

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