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LaGarde

storefront.net

Founded Year

1996

Stage

Acquired | Acquired

Total Raised

$6M

Valuation

$0000 

About LaGarde

StoreFront shopping cart software and complete eCommerce solutions, featuring eCommerce development tools for simple and advanced shopping cart needs.

Headquarters Location

25055 West Valley Parkway

Olathe, Kansas, 66061,

United States

913-489-0800

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LaGarde Patents

LaGarde has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/8/2013

1/2/2018

Fluid dynamics, Metallurgical processes, Metal heat treatments, Phases of matter, Microbiology equipment

Grant

Application Date

3/8/2013

Grant Date

1/2/2018

Title

Related Topics

Fluid dynamics, Metallurgical processes, Metal heat treatments, Phases of matter, Microbiology equipment

Status

Grant

Latest LaGarde News

ECB may have to restrict growth to control inflation, Lagarde says

Nov 18, 2022

11/18/2022 | 03:58am EST Message : *Required fields FRANKFURT, Nov 18 (Reuters) - The European Central Bankwill keep raising interest rates and may even need to restricteconomic activity to tame inflation, ECB President ChristineLagarde said on Friday, singling out rates as the bank's keyinstrument over balance sheet reduction. The ECB has raised rates by an unprecedented 200 basispoints since July to tackle inflation, and said that more policytightening is coming via rate hikes and the reduction of its 5trillion euro ($5.2 trillion) debt holding. "We expect to raise rates further – and withdrawingaccommodation may not be enough," Lagarde said in a speech at aconference. "Interest rates are, and will remain, the main tool foradjusting our policy stance," she said. "Acknowledging thatinterest rates remain the most effective tool for shaping ourpolicy stance, it is appropriate that the balance sheet isnormalised in a measured and predictable way." At 1.5%, the ECB's deposit rate is not far from theso-called neutral rate, where the bank is neither stimulatingnor holding back growth. Most estimates of the neutral rate arebetween 1.5% and 2%, suggesting that after an expected Decemberhike "accommodation" will have been removed. The problem is that inflation, running at 10.6%, is farabove the ECB's 2% target and even a recession, now almostcertain over the winter months, is unlikely to ease pricepressures enough to let the ECB step off the brakes. Investors are now split between pricing a 50 and 75basis-point hike in December after back-to-back 75 basis pointmoves, and see the reduction of bond holdings, also known asquantitative tightening, starting in the first half of 2023. The ECB will outline plans for balance sheet reduction inDecember and the process is expected to start with the bankallowing some, but not all, bonds to expire. "The ECB will ensure that a phase of high inflation does notfeed into inflation expectations, allowing too-high inflation tobecome entrenched," Lagarde said. ($1 = 0.9664 euros)(Reporting by Balazs Koranyi and Francesco CanepaEditing by Mark Potter)

LaGarde Frequently Asked Questions (FAQ)

  • When was LaGarde founded?

    LaGarde was founded in 1996.

  • Where is LaGarde's headquarters?

    LaGarde's headquarters is located at 25055 West Valley Parkway, Olathe.

  • What is LaGarde's latest funding round?

    LaGarde's latest funding round is Acquired.

  • How much did LaGarde raise?

    LaGarde raised a total of $6M.

  • Who are the investors of LaGarde?

    Investors of LaGarde include Dynacomp, Shasta Ventures, Kansas Technology Enterprise Corporation, Wichita Technology Corporation, Maddox Revocable Trust and 3 more.

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