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Event Brief

Lagarde rejects stagflation label for euro zone

Christine Lagarde said the stagflation label belongs to the 1970s and should not describe the euro zone’s current situation.
WHO: Christine Lagarde
WHAT: Said stagflation label should not be used for the euro zone’s current predicament
WHEN: Apr 30, 2026 at 9:57 AM ET
WHERE: Euro zone
WHY: No specific cause was reported.
Sources (1): Bloomberg

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