Christine Lagarde
Lagarde Signals Potential ECB Interest Rate Cut in Summer Amidst Wage Growth Uncertainty
European Central Bank (ECB) Governor Christine Lagarde suggested on Wednesday that the ECB might implement interest rate cuts in the summer. Speaking at the World Economic Forum in Davos, Lagarde noted that sufficient data on wage growth would be available by "late spring," enabling central bankers to determine whether eurozone inflation is set to rise or fall.
Stournaras: ECB must see inflation below 3% by mid-2024 before cutting rates
The European Central Bank must see inflation stably below 3% by the middle of next year before beginning to lower borrowing costs from record highs, ECB policymaker Yannis Stournaras told Reuters on Monday.
‘Two moments’ when threat of Grexit felt close
A few years ago, as the head of the International Monetary Fund, it would not have been easy for her to walk in central Athens, when Greece was in the midst of its government debt crisis. Today, a few days after her visit to Athens, Christine Lagarde, today head of the European Central Bank, declares that she is impressed by the "transformation" that the country has undergone.
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Lagarde: Greek economy and people an example of resilience
European Central Bank (ECB) President Christine Lagarde on Wednesday praised the return of Greece's economy to health and the resilience of the Greeks following its debt crisis more than ten years ago.
ECB ‘could hike rates or pause at next meeting’
The European Central Bank (ECB) could hike interest rates again or pause at its next meeting and any decision will depend on the latest data, president Christine Lagarde has said.
The central bank for the 20 countries that use the euro lifted borrowing costs for the ninth consecutive time on July 28 as it fights stubbornly high inflation.
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Profits feeding inflation
Across the developed world, we are hearing the argument that high costs are "profit inflation," meaning that rising prices stem mainly from rising profit margins. This is confirmed by reputable economists at multinational banks like UBS and others, by the chief economist of the European Central Bank, Philip Lane, and by its president, Christine Lagarde.
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Inflation fight is an ‘art,’ says Lagarde
Finding the right monetary policy response to tackle soaring inflation is an "art," European Central Bank President Christine Lagarde has said.
"It is not a science," Lagarde said on June 29 at a panel at the ECB's annual central banking conference in Portugal.
"What we are doing there is an element of art," she said.
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ECB to end stimulus in prelude to rate hikes
The European Central Bank (ECB) is set to draw a line under its massive bond-buying stimulus program at a meeting on June 9, as inflation in the eurozone soars to all-time highs.
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ECB in ’no rush’ to hike interest rates, Lagarde says
The European Central Bank will take its time to assess new data before tightening its monetary policy any faster, its president said on Feb. 7, amid fierce speculation that the bank would raise rates sooner than previously expected.
Skyrocketing Energy Prices Are Worse than Pandemic and Will Stay Longer
The crisis with surging prices of energy sources is worse and will take longer to be resolved compared to the Covid-19 pandemic slowdown and the supply bottlenecks for major industries, European Central Bank President Christine Lagarde said in an interview for CNBC.