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World order shifting but it is not a rupture, Lagarde says in Carney pushback

ReutersJan 23, 2026 10:26 AM

- The current world order is changing but its transformation is not a rupture, European Central Bank President Christine Lagarde said on Friday, pushing back on Canadian Prime Minister Mark Carney's argument that "we are in the midst of a rupture".

"I'm not exactly on the same page as Mark," Lagarde told the World Economic Forum in Davos.

"I think that we policymakers are at a point where we have to look at Plan B, but even with those plans B ... I'm not sure that we should be talking about rupture," she said. "I think we should be talking about alternatives."

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