Christine Lagarde

The war in the Middle East is generating inflation pressures, and the decision to raise rates is mapping out how the shock might evolve.

Paying 50% of daycare for my son.

With today's decision, we remain well positioned to navigate the uncertainty caused by the war.

We will closely monitor the situation and follow a data-dependent and meeting-by-meeting approach to determining the appropriate monetary policy stance.

Hän on isompi kuin elämä. Hän liittyi poliittisessa elämässään, hienosti ja suurella energiaa. Hän antoi meidät tuntemaan, että emme voisi välttää hetkeä. Nicolas Sarkozy tuli täysin muodostuneena.

Lagarde believes that Sarkozy's action here is fundamental. She says he helped save the global economy from complete collapse. We had sometimes meetings at the presidential palace at 4 a.m. in the morning when there was an imminent crisis. And I've seen him in some of those circumstances completely calm, completely open to the arguments, taking a distance, considering the options, asking more questions.

Olen erittäin iloinen, että olen työskennellyt hänen järjestelmänsä ja olen erittäin iloinen siitä, mitä saimme saadaksemme finanssikriisin aikana, joka voisi olla täysin koko globaalinen ekonomi. Ja se on se, mitä haluan muistaa. Kun sinä viimeisen kerran puhuit Nikolaa Sarkozystä? Kun hän meni kylmään, kirjoitin hänelle tekstin Bulgaariasta, jossa olin, kulttuuriin nimeltä St. Nikolaus. Miten hän on? Miten hän on?

We are facing a real shock that is probably beyond what we can imagine at the moment.

Do you think there is just a sort of blind optimism that somehow this is going to be over and the world will go back to normal?

Well, maybe they are overly optimistic and determined to stay optimistic.

Too much has already been damaged and there is no way that it can be restored in a matter of months.

Most people are actually talking about years.

And I think this is a crisis where we are learning almost bit by bit, day by day, what the actual consequences will be, what countries will be most affected, what of the commodities will be the most in demand.

On Twitter now?

Yeah, he made fun of this horrible.

We are facing a real shock.

that is probably beyond what we can imagine at the moment.

Well, maybe they are overly optimistic and determined to stay optimistic in the hope that the positive scenario will materialize and we will be back to normal in relatively short time, which is not what the technical experts are telling us in terms of capacity, extraction, refinery distribution, because too much has already been damaged and there is no way that it can be restored in a matter of months.

Most people are actually talking about years.

I think might also happen, because we've experienced it, is that you understand the actual consequences gradually as you read through the facts, the supply chain consequences, the kind of raw materials that is critically important for a particular manufacturing.