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EUFN - Why We're Positive About Lagarde's ECB Nomination
iShares MSCI Europe Financial Sector Index Fund
By David Zahn, CFA, FRM, Head of European Fixed Income, Senior Vice President, Franklin Templeton Fixed Income Group®
Christine Lagarde may have emerged as a surprise candidate to take the helm of the European Central Bank (ECB), but David Zahn, our Head of European Fixed Income, sees it as a positive choice. Here he explains why both her experience, and lack of it, could prove positive if she does secure the job. And he shares his conviction that, whoever is in charge, the ECB is likely to remain steadfast on its easing path.