After lowering key rates in December, the ECB is widely expected to announce another 25 basis points (bps) cut, taking the benchmark rate on deposit facility from 3% to 2.75%. It would be the fourth straight interest rates cut after trimming them in September, October and December 2024.
European Central Bank President Christine Lagarde speaks on a panel at the World Economic Forum in Davos, Switzerland.
European Central Bank President Christine Lagarde discusses monetary policy at the World Economic Forum in Davos.
Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.
The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation. Following are highlights of ECB President Christine Lagarde's comments at a news conference after the policy meeting.
Speaking to leaders at the World Economic Forum in Davos, Lagarde had to go onto the defensive in the face of criticism from a leading US financier.
U.S. President Donald Trump drew pockets of laughter and a few moans with his blunt comments to an international audience while appearing by video link at the World Economic Forum meeting in Davos, Switzerland.
The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,
Speaking in a CNBC interview on the sidelines of the World Economic Forum (WEF) annual meetings in Davos on Wednesday, European Central Bank (ECB) President Christine Lagarade said that “no US ...
Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.
Chief Adviser Professor Muhammad Yunus has sought the assistance of the European Central Bank President Christine Lagarde to recover billions of dollars stolen from the country during Sheikh Hasina's "dictatorship". The two dignitaries met in the Swiss city of Davos yesterday (22 January) on the sidelines of the World Economic Forum annual meeting.
Europe must be prepared for US President Donald Trump to introduce new import tariffs on the region, European Central Bank President Christine Lagarde has warned. Speaking with CNBC at the World Economic Forum in Davos,