European Central Bank President Christine Lagarde expressed confidence that "scope" exists for tariff discussions with the United States during an interview with CNBC on Tuesday. She added that she hoped US President Donald Trump's firing of Federal Reserve Chair Jerome Powell was "not on...
European Central Bank President Christine Lagarde said Thursday the EU's "most obvious" response to growing global trade tensions would be to pursue a zero-for-zero tariff offer. Lagarde described the current environment as a "negative demand shock," pointing to the steep rise in average...
European Central Bank (ECB) President Christine Lagarde confirmed on Thursday that the decision to cut interest rates by 25 basis points was unanimous and that no members of the Governing Council suggested a 50-point cut, although members debated both pausing cuts and delivering a...
European Central Bank (ECB) President Christine Lagarde warned on Thursday that downside risks to economic growth in the eurozone have intensified, citing global geopolitical tensions and weakening market dynamics.In a presser shortly after the ECB cut interest rates by 25 basis points in a widely...
European Central Bank (ECB) President Christine Lagarde said on Thursday that the economic outlook is "clouded by exceptional uncertainty," especially by tariffs imposed by the United States, whose scope "remains unclear." She said that the euro area economy is likely to have grown in the...
European Central Bank (ECB) President Christine Lagarde said on Friday that the ECB is ready to use the available instruments in order to achieve price and financial stability in the face of tariffs imposed by the United States. She added that the ECB is closely monitoring the markets and has observed a...
European Central Bank (ECB) President Christine Lagarde said on Wednesday that United States President Donald Trump's incoming tariffs will not be good for the global economy."We don't know what the deal will be for the rest of the world - but what we know is that it won't be good for the global...
European Central Bank (ECB) President Christine Lagarde stressed on Tuesday the importance of artificial intelligence in helping boost productivity in Europe, while noting that the rapid development of AI will not necessarily mean a job "apocalypse" for workers on the continent.Speaking at the ECB's...
European Central Bank (ECB) President Christine Lagarde described in a Monday interview with France Inter a potential trade war between the European Union and the United States as a "lose-lose scenario."Still, Lagarde also noted that United States President Donald Trump's tariffs on the bloc...
European Central Bank (ECB) President Christine Lagarde said on Thursday that the bank is not pre-committing to a particular rate path because of the growing uncertainty in trade."I can only observe that the disinflationary [process] is on its way. It's a process that is moving accordingly, and according...
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