Watch Live: Christine Lagarde Explains How Even More QE Will Fix Virus-Crisis

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by Tyler Durden
Thursday, Mar 12, 2020 - 9:26

After disappointingly not cutting rates even more negative than they already are - because that was working so well - ECB boss Christine Lagarde did, however, open the floodgates with some more liquidity facilities.

The problem is - judging by the markets - it didn't work. European bank stocks have crashed to record lows and peripheral bond yields are exploding higher.

Dear Christine, you got some 'splainin' to do...

Watch Live (starting at 0930ET):