The Latest Breaking News from Christine Lagarde

First meeting in 1975 grappled with the oil shock – now it is Russia’s war in Ukraine creating angst

Christine Lagarde is failing to heed the lesson of the last decade: act quickly and act clearly

As geopolitical tensions rise, Western governments have urged international companies to shift more business to friendly countries. Some critics think that could split the global economy into hostile camps, hurting growth and worsening inflation.

Nearly one in 10 European households has invested in crypto assets, an ECB (European Central Bank) study published Tuesday said, highlighting high demand for the risky investments, which witnessed significant devaluation this month. These novel assets lure middle class people, but “it is worth nothing. It’s not a safe investment,”…

Rolling coverage of the day 3 of the World Economic Forum

The president of the European Central Bank has given the clearest sign yet that policymakers will aim to raise interest rates as soon as July to ease surging inflation

Andrew Bailey defends response to Covid pandemic and indicates Bank will not take aggressive approach to raising interest rates

Multiple threats to the global economy topped the worries of the world's well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession.

US food prices rise at fastest rate since 1981, as ECB’s Lagarde cements expectations for July rate hike, and German price rises hit record high