The European Central Bank expects to keep hiking interest rates to combat soaring inflation, its president Christine Lagarde said Monday, even as economic activity slows and fears of recession mount.
European Central Bank chief Christine Lagarde hinted Wednesday at a first interest rate hike in July to tackle soaring inflation, echoing the actions of other major central banks and heralding the end of the eurozone's cheap money era.
European Central Bank chief Christine Lagarde rejected union calls to peg wages to inflation at the Frankfurt-based institution as consumer prices in the eurozone soar.
The European Central Bank on Thursday stood still in the face of record inflation, keeping its stimulus plans and rates unchanged, as the war in Ukraine cast a pall over the eurozone economy.
European Central Bank governors meet Thursday to ponder record-high inflation and fresh economic uncertainty caused by the war in Ukraine, with policymakers signalling a willingness to take action sooner rather than later.
European Central Bank president Christine Lagarde said she tested positive for Covid-19 on Thursday, a week before she is scheduled to chair a policy meeting as the eurozone battles sky-high inflation.
European Central Bank president Christine Lagarde warned Wednesday that a prolonged Ukraine conflict will keep energy prices and the cost of living spiralling, blighting a post-Covid recovery.
Inflation is unlikely to return to the anaemic levels seen before recent energy-fuelled price spikes even after the effects of the Ukraine war have worn off, ECB chief Christine Lagarde said on Thursday.
European Central Bank chief Christine Lagarde suggested Thursday that Renaissance master Leonardo da Vinci and pioneering French politician Simone Veil appear on the new euro banknotes, as she waded into a politically sensitive topic. The ECB announced plans to introduce new euro bills by 2024, but designing the European Union's single currency is fraught with…
15 Nov 2021
European Central Bank President Christine Lagarde said on Monday she would not "venture" into speculation over interest rate rises in 2023 amid pressure for the bank to define its response to high inflation.
20 Sep 2021
This piece emanates from a conversation between the founder and executive chairman, the World Economic Forum, Dr Klaus Schwab and the president of the European Central Bank, Christine Lagarde.
9 Sep 2021
The European Central Bank took a small step towards scaling back pandemic-era stimulus Thursday but sought to reassure markets of its ongoing support as president Christine Lagarde warned that the eurozone is "not out of the woods" yet.