拉加德警告：美联储独立性攸关全球经济，法国政局动荡令人担忧

Group 1: Central Bank Independence - ECB President Christine Lagarde warned that the loss of independence by the Federal Reserve would pose a "serious threat" to the global economy [1][2] - Lagarde emphasized that if President Trump successfully exerts control over the Fed, it would lead to concerns about the stability of the U.S. economy and have global repercussions [2] Group 2: European Inflation Control - Lagarde stated that inflation in the Eurozone has reached the target level of 2%, and the ECB will continue to take necessary measures to maintain price stability [3] - The market is anticipating the ECB to keep interest rates unchanged in the upcoming meeting, as many decision-makers are satisfied with the current 2% rate [5] Group 3: Political Instability in France - Lagarde expressed concern over the potential collapse of any Eurozone government, particularly highlighting the political crisis in France where the Prime Minister may face a vote of no confidence [8] - The political turmoil has led to increased risk premiums on French bonds, with borrowing costs rising relative to Germany [8][9] - Lagarde noted that France, despite being a respected borrower, is now associated with higher risk premiums, indicating a need for disciplined public finances to maintain credibility in financial markets [9]