Green QE or divestment? Market eyes ECB’s plans

Michael H. Sterzenbach/goodstock - stock.adobe.com

Debt market specialists this week put forward contrasting views on the policies the European Central Bank might use to tackle climate change, after Christine Lagarde, its new president, said her strategic review of its mandate and operations would encompass how the bank should respond to it. She also promised action on stablecoins. Burhan Khadbai and Lewis McLellan report.