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,
U.S. 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 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.
European lawmakers weighed in on what a second Trump presidency means for trade, alliances and climate change.
Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.
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 comments by Christine Lagarde alluding to a U.S.-EU rift offered ... efforts to end wars in places like Ukraine and the Middle East, and technological progress. Some human rights advocates ...
Inflation is nearly contained, but the Fed sees enough uncertainty and risk on the horizon that it has moved to the sidelines, at least for now
European Central Bank (ECB) President Christine Lagarde reacts as she addresses the media, following the Governing Council's monetary policy meeting at the ECB headquarters, in Frankfurt, Germany, January 30, 2025. REUTERS/Kai Pfaffenbach
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: