ECB rate cuts: ‘We’re breaking the neck of inflation,’ says Lagarde
Inflation is on track to hit the medium-term 2% target in 2025. The ECB remains data-dependent, with no pre-commitment to future rate changes. ADVERTISEMENTIn a…
ECB staff push back against ‘authoritarian’ climate views
Aggrieved employees claim the organisation’s green stance undermines principles of diversity and inclusion. ADVERTISEMENTThe European Central Bank’s staff committee has criticised a member of the…
Trump’s ghost stalks Davos – POLITICO
DAVOS, Switzerland — World leaders gathered together in the Swiss Alps this week are nervous that Donald Trump will be even more anti-global if he returns…
WTF is Christine Lagarde up to? – POLITICO
Press play to listen to this article Voiced by artificial intelligence. Deep in the Wyoming wilderness last month, Christine Lagarde, president of the European Central…
ECB warns companies higher margins, wages cannot be at expense of inflation
ECB President Christine Lagarde took European firms to task Friday over their failure to take any hit to their profit margins as the euro area…
Fed Chair Jerome Powell doubles down on more interest rate increases
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee on June 21. He said on Wednesday that more interest rate hikes…
IMF favors restrictive economic policies in the European Union
1/2 Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said tight economic policies may be necessary in the European economy due to lingering…
The tension at the heart of the ECB – POLITICO
Press play to listen to this article Voiced by artificial intelligence. FRANKFURT ― The markets are jittery and inflation still needs taming. Coming together, those…
ECB says ‘uncertainty’ caused by global bank crisis will determine its interest rate policy
European Central Bank President Christine Lagarde told a conference Wednesday that the bank that the central bank was not wedded to raising interest rates, stressing…