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Nov. 22, 2019, 3:53 a.m. EST

ECB President Lagarde calls for 'new European policy mix'

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By Steve Goldstein

EURUSD

Christine Lagarde, the new European Central Bank president, on Friday called for a "new European policy mix" to drive the eurozone economy forward. She said the ECB will undertake a "strategic review" in the near future, and said monetary policy could achieve its goal faster with fewer side effects if other policies were supporting it. Lagarde called for help from fiscal policy, not just at aggregate level but with a "more productive, more digital and greener" stance. Lagarde also called for completing the digital single market, the capital markets union and the single market in services. The euro /zigman2/quotes/210561242/realtime/sampled EURUSD -0.0988% , also impacted by new PMI data, rose to $1.1074 from $1.1061 on Thursday.

/zigman2/quotes/210561242/realtime/sampled
US : Tullett Prebon
1.1121
-0.0011 -0.0988%
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Dec. 13, 2019 4:59p
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