Tag: Christine Lagarde

• Monday, July 22nd 2024 - 11:37 UTC

  European Central Bank leaves rate unchanged, waiting for September data

  

  The European Central Bank (ECB) left its main interest rate unchanged at 3.75%, but president Christine Lagarde indicated that an interest rate cut is possible at its next meeting in September. However in her media conference following last Thursday announcement warned that risks to growth persist.

• Monday, June 10th 2024 - 07:07 UTC

  Christine Lagarde: Why we adjusted interest rates

  

  By Christine Lagarde
  
  The ECB has cut interest rates, 6th June. President Christine Lagarde explains why and sets out what still needs to be done to bring inflation back to 2% over the medium term. (*)

• Tuesday, October 31st 2023 - 09:03 UTC

  ECB leaves interest rates unchanged for the first time since July 2022

  

  The European Central Bank, ECB left interests rates unchanged for the first time in more than a year at a meeting in Athens last Thursday. ECB said it would leave key rates unchanged at between 4 and 4.75%.

• Monday, March 27th 2023 - 10:20 UTC

  German Chancellor says “no reason to be concerned about Deutsche Bank”, system is stable and resilient

  

  German Chancellor Olaf Scholz said during an EU summit last Friday in Brussels that Europe's banking system is “stable” and “ solid”. The leaders of the Eurozone countries met with the head of the European Central Bank, ECB, Christine Lagarde, to discuss the potential fallsou of several major banks collapsing in the US and Switzerland.

• Monday, January 24th 2022 - 09:23 UTC

  Global Inflation: Brazil's Guedes and Europe's Lagarde have opposing positions

  

  Brazilian economy minister Paulo Guedes said that inflation will become a long-term challenge for Western countries, since “the beast is already out of the bottle”, and central bankers have been caught “sleeping at the driving wheel”.

• Friday, March 12th 2021 - 17:58 UTC

  ECB keeps interest rates at historic low and pledges to step up bond buying

  

  The European Central Bank (ECB) on Thursday kept interest rates at historic lows and said it was stepping up its bond-buying stimulus in the coming months. The steps are aimed at halting what is regarded as a premature rise in borrowing costs in the 19 countries that use the Euro currency.

• Tuesday, January 26th 2021 - 09:24 UTC

  “Journey of recovery” in 2021 will be accompanied by a high level of uncertainty, Christine Lagarde

  

  Christine Lagarde, president of the European Central Bank (ECB), said on Monday that the “journey to recovery” in 2021 would most likely be accompanied by a “very high level of uncertainty” before a transition to a “new economy.”

• Monday, October 19th 2020 - 09:49 UTC

  IMF and top central bankers agree global economic recovery needs more public spending

  

  The International Monetary Fund said more public spending will be needed to complete the economic recovery from coronavirus, joining central bankers and finance leaders who are urging governments to set aside fears about mounting debt for now.

• Thursday, October 31st 2019 - 08:51 UTC

  New ECB chief calls on budget surplus countries to spend more and help prop growth

  

  Incoming European Central Bank chief Christine Lagarde on Wednesday took aim at Germany and other thrifty Eurozone members running budgetary surpluses, saying they should increase their spending to shore up slowing growth.

• Sunday, October 20th 2019 - 10:50 UTC

  Lagarde tells Trump and world leaders to act like grownups in trade conflicts

  

  Former IMF chief Christine Lagarde said President Donald Trump's trade offensive against China could slash global economic growth and she critiqued his Twitter habits in an interview with US television program 60 Minutes.