By ensuring that financial institutions are adequately capitalized and are managing risks well, and are in general well prepared to deal with major changes in asset prices, they are in a better position to weather any necessary changes in policy settings.
Christine Lagarde: Welcome address marking the change in office of the President of the Deutsche Bundesbank Welcome address by Ms Christine Lagarde, President of the European Central Bank, at a virtual ceremony marking the change of office of the President of the Bundesbank,11 January 2022. * * * It is a pleasure to be here today to speak with you.