The Latest Breaking News from Christine Lagarde

The inflation plaguing European shoppers has fallen faster than expected

With inflation dropping faster than expected and the economic outlook darkening, markets will be looking for clues about when eurozone borrowing costs might start to come down as rate-setters meet this week.

The annual rate of inflation in the eurozone fell to a more than two-year low in November, the EU's official statistics agency said Thursday.

December S&P 500 futures (ESZ23) are down -0.19%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.18% this morning as market participants looked ahead to comments from Fed Chair Jerome Powell and other Fed officials while also awaiting the release of the Fed’s favorite inflation gauge later in the…

Widely expected decision by European Central Bank follows 10 consecutive rises in borrowing costs

The shadow chancellor’s portraits of her economic heroes reveals much about a future Labour government’s agenda

International policymakers have warned that Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power.

The head of the European Central Bank says interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”

Weak consumer spending as, people – especially in Germany, the EU’s largest economy – put more into savings

Central bank’s president hints this may be the peak for rates in drive to bring down stubborn inflation

Interest rates in the European Union will need to stay high “as long as necessary” to slow still-high inflation, Christine Lagarde, president of the European Central Bank, said Friday