The European Central Bank cut interest rates on Thursday and kept the door open to further policy easing as concerns over lacklustre economic growth supersede worries about persistent inflation. Following are highlights of ECB President Christine Lagarde's comments at a news conference after the policy meeting.
The ECB cut rates by 25bps to 2.75%, with Lagarde signalling further easing if inflation declines. Growth risks persist amid weak confidence and geopolitical tensions. She ruled out Bitcoin as a reserve asset,
European Central Bank President Christine Lagarde said it’s improbable that any European Union country will choose to add Bitcoin to its monetary reserves.
Bulgaria has made progress in meeting the convergence criteria for joining the eurozone, according to European Central Bank (ECB) President Christine Lagarde. Speaking at a press conference, she noted that the assessment primarily falls under the European Commission’s jurisdiction but emphasized that the process in Bulgaria is advancing.
The World Economic Forum’s annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
Europe must “be prepared” for potential trade tariffs from U.S. President Donald Trump, the president of the European Central Bank Christine Lagarde told CNBC at WEF in Davos
European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.
Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday:
DAVOS, Switzerland (Reuters) -World leaders and business executives left the Swiss mountain resort of Davos after a week of discussions dominated from a distance by Donald Trump's return as U.S. President.
The European Central Bank's president responded Friday to U.S. President Donald Trump's accusation of unfair trade treatment by the European Union by calling for negotiations and mutual respect rather than a focus purely on trans-Atlantic trade figures.
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.