FRANKFURT — Christine Lagarde is one of the most recognizable people on the world stage, but as president of the European Central Bank, a job she began six weeks ago, she is a cipher. That could begin to change Thursday when Ms. Lagarde holds her first news conference as leader of the institution that has often determined Europe’s economic fate. For all her prominence, no one knows what kind of central banker Ms. Lagarde will be. Before beginning work at the European Central Bank on Nov. 1, she spent eight years as managing director of the International Monetary Fund. In that job, she was often in the thick of the action during a financial crisis or debt meltdown.

Source: International New York Times December 12, 2019 04:52 UTC