ECB President Christine Lagarde has firmly stated that Bitcoin will not be included in EU reserves due to concerns over regulatory risks.
WASHINGTON - US President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers.
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.
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.
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
European lawmakers weighed in on what a second Trump presidency means for trade, alliances and climate change.
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. View on euronews
Speaking at the World Economic Forum in Davos, the ECB president said Europe "must act on the offensive and not just on the defensive, this is a wake-up call. "Strong confidence that inflation will fa
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."
ECB's Lagarde rejects Bitcoin as reserve asset amid US states' adoption push, emphasizing traditional security and liquidity requirements.
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 ...
The pound slipped to USD1.2419 on Friday morning, from USD1.2461 at the time of the London equities close on Thursday. The euro slipped to USD1.0389 from USD1.0423. Against the yen, the dollar bought JPY154.62, up from JPY154.37.