Lagarde paves the way for a review of the ECB's objectives

One year to the day after taking the helm of the European Central Bank (ECB), Christine Lagarde is facing a double challenge.

First, to carry out the strategic review examining the springs of its action - a project announced upon its arrival, but postponed by several months due to the pandemic.

However, the urgency of the health situation and the historical recession that it has caused provide the Frenchwoman with a second immediate headache, which interferes with the fundamental reflection on the first.

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Like all central banks in the world, the ECB finds itself at the heart of a debate on the scope and limits of its action in the face of the crisis.

The euro zone inflation figure for September will not be known until the end of the week, but it is likely to remain, as in August, in negative territory.

If it is good for purchasing power, it is a sign of the poor health of the economy and a challenge for the big cashiers.

The ECB may have since announced

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