ECB counters Carney and says that change in the world order is not a rupture

DAVOS, Switzerland, Jan 23 (Reuters) – The current world order is changing, but its transformation is not a rupture, European Central Bank (ECB) President Christine Lagarde said on Friday, countering Canadian Prime Minister Mark Carney’s argument that ‘we are in the middle of a rupture’.

“I’m not exactly on the same page as Mark,” Lagarde told the World Economic Forum in Davos, Switzerland.

“I think we as policymakers are at a point where we have to look at Plan B, but even with these Plan Bs… I’m not sure we should be talking about disruption,” she said. “I think we should be talking about alternatives.”

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ECB counters Carney and says that change in the world order is not a rupture

(Reporting by Balazs Koranyi in Frankfurt)

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