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Trump Back in White House? Lagarde Says ‘Let Me Have Some Coffee’

Posted

January 19, 2024

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European Central Bank President Christine Lagarde was able to observe the first Donald Trump presidency up close in Washington when she was running the International Monetary Fund, which perhaps is why she’s been fearless warning about the dangers of a second one. She can be playful but also dead serious.

When Bloomberg Television’s Francine Lacqua asked her at Bloomberg House in Davos about the upcoming US election, Lagarde made the audience laugh by promptly lifting her cup and saying: “Yeah, let me have some coffee.”

But then she went on to explain just how tricky it will be for policymakers if Trump returns to power in 2025, adding that it’s, of course, up to the American people to decide who will lead their country.

“But obviously we are all concerned about it because the United States is the largest economy, the largest defense country in the world and has been a beacon of democracy, with all its upside and downside,” she said. “We have to be extremely attentive and anticipate - just as we do with inflation.”

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Trump Back in White House? Lagarde Says ‘Let Me Have Some Coffee’ · Bloomberg News · Sentinel