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Home News The Euro Digital Euro

ECB’s Lagarde Has ‘Hunch’ Digital Euro Will Launch in 2-4 Years

NEWSROOM by NEWSROOM
May 25, 2024
in Digital Euro
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European Central Bank President Christine Lagarde said she believes the region’s monetary authority will move to launch a digital version of the euro in the next two to four years.

“We might well go in that direction,” Lagarde said Thursday on a virtual panel with Federal Reserve Chair Jerome Powell and Bank of England Governor Andrew Bailey. “My hunch is that it will come.”

ECB officials have previously disclosed they are conducting research into a central bank digital currency, and Bank of Finland Governor Olli Rehn told Reuters…



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