The European Central Bank is “not overly concerned” by the impact of inflation abroad on the bloc, the institution’s President Christine Lagarde told CNBC.
ECB President Christine Lagarde has firmly stated that Bitcoin will not be included in EU reserves due to concerns over regulatory risks.
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. View on euronews
Against this backdrop, the ECB’s communication in the policy statement and President Lagarde’s comments will hold the key to determining the scope and timing of the next rate cuts as the Bank battles concerns over economic growth and potential tariffs by United States (US) President Donald Trump’s administration.
European lawmakers weighed in on what a second Trump presidency means for trade, alliances and climate change.
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.
With the European economy lagging behind the United States, the head of the International Monetary Fund had a piece advice for the continent on Friday: "Believe in yourself."
The central bank cut its benchmark deposit rate by a further quarter point to 2.75 percent, its fifth reduction since June last year and a move widely expected by observers. The ECB's decision stands in contrast to the latest move by the US Federal Reserve.
Europe must "be prepared" and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday.
Inaugurated on Monday as president of the United States, Donald Trump's proposed tariffs on Europe were a particularly hot topic on the third day of Davos. ECB President Christine Lagarde welcomed ...
During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary process on track and expects a pick up in demand, though it acknowledges the near-term weakness of the eurozone economy.
ECB President Christine Lagarde expressed confidence that no European country would establish Bitcoin reserves.