ECB President Christine Lagarde has firmly stated that Bitcoin will not be included in EU reserves due to concerns over regulatory risks.
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.
The head of the IMF, Kristalina Georgieva, was speaking at a panel in Davos alongside ECB President, Christine Lagarde. View on euronews
At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.
Eurozone rate-setters are set to cut borrowing costs again this week, confident their efforts to lower inflation will remain on track despite the threat from US President Donald Trump's protectionist agenda.
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."
European lawmakers weighed in on what a second Trump presidency means for trade, alliances and climate change.
The central bank cut its benchmark deposit rate by a further quarter point to 2.75 percent, its fifth reduction since June last year and a move widely expected by observers. The ECB's decision stands in contrast to the latest move by the US Federal Reserve.
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 ...
Despite US President Donald Trump's sabre-rattling, the European Central Bank is set to press on with interest rate cuts Thursday as officials increasingly voice confidence that the fight against
European stock markets rose and the euro dipped Thursday, with the European Central Bank expected to cut interest rates as inflation eases and the eurozone economy stalls.