Christine Lagarde

ECB to signal no rush to cut interest rates

European Central Bank (ECB) policymakers are expected to keep interest rates steady on Jan. 25 and signal they are in no hurry to start slashing borrowing costs despite progress against inflation.

The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes to tame runaway prices, leaving the benchmark deposit rate at 4 percent.

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.

Celebrating 25 Years of the Euro: Bulgaria Aims to Join the Currency Union

Marking a significant milestone, the euro commemorates its 25th anniversary since its inception. Introduced initially in 11 countries, the single European currency has grown to encompass approximately 350 million users across 20 countries in the eurozone. Bulgaria eyes becoming the 21st member, intending to join the currency union early next year.

‘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.

ECB to hold Governing Council meeting in Athens

The Governing Council of the European Central Bank is meeting on Wednesday and Thursday at the Bank of Greece, for the first time since 2008.

Its president, Christine Lagarde (pictured), has had the opportunity to get a taste of Athens and the Greeks in a different climate than what prevailed during the difficult years of the debt crisis.

Pages