Top economists will meet in Jackson, Wyo., this week for a meeting sponsored by the Kansas City Fed. But politicians gathering in France hold the real keys to the economic future. Source: NYT > Business – Jeanna Smialek
Christine Lagarde Must Learn to Run an Economy That’s Slowing to a Crawl
Nominated as the next president of the European Central Bank, she has credentials that are seen as unusual for the job. Does unusual matter? Source: NYT > Business – Jack Ewing and Amie Tsang
Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation. Source: NYT > Business – Jeanna Smialek, Jack Ewing and Ben Dooley
In Tense Times, ‘Call in the Woman’: Lagarde Will Lead the E.C.B.
Christine Lagarde will become one of the most powerful figures in international finance, giving her a leading hand in the world’s second largest economy. Source: NYT > Business – David Segal and Amie Tsang
Christine Lagarde Is Picked as E.C.B.’s New President. What Does the Bank Do?
Ms. Lagarde, the International Monetary Fund’s current leader, is set to succeed Mario Draghi in the European Central Bank’s top job. Source: NYT > Business – Matina Stevis-Gridneff
Merger Talks of Deutsche Bank and Commerzbank Roil Emotions
A proposed deal is meeting resistance from labor, regulators and some shareholders. But there is also political momentum in Germany for a tie-up. Source: NYT > Business – JACK EWING and MELISSA EDDY