ECB’s Lagarde credits Trump’s erratic policies for the euro’s surge over the US dollar

Christine Lagarde, the president of the European Central Bank, credits the euro’s surge over the US dollar to Donald Trump’s unpredictable governance. This shift occurs amid global uncertainty, suggesting a lack of trust in US economic management.

Lagarde views this moment as an opportunity for accelerated EU integration and calls for structural reforms in Europe, including the development of a digital euro. She emphasizes the necessity of upholding central bank independence to ensure economic stability.