Oil price drops, and BP and Shell shares slide, as Saudi Arabia ‘prepares to abandon $100 crude target’ – as it happened
Saudi Arabia is reportedly ready to abandon its unofficial price target of $100 a barrel for crude as it prepares to increase ...
World economy faces pressures similar to 1920s, warns Christine Lagarde
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change ...
ECB Must Prepare for More-Volatile Inflation Era, Lagarde Says
The European Central Bank must think hard about how it deals with risks and uncertainty in an era of more-volatile inflation ...
Central banks may face volatile inflation for years to come, ECB's Lagarde says
Profound shifts in the world economy could make inflation volatile for years to come, complicating efforts to control prices, ...
ECB's Lagarde predicts inflation to hit 2% target next year
ECB President Christine Lagarde praised the "remarkable" unwinding of inflation with minimal job losses, projecting inflation ...
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ECB president Christine Lagarde says the global economy is headed for recession
Christine Lagarde, the head of the European Central Bank, believes the global economy is in deep trouble, and about to hit a ...
ECB and Fed Chiefs Talk, But Don’t Coordinate, Lagarde Says
European Central Bank President Christine Lagarde said she and her counterpart at the Federal Reserve Jerome Powell exchange ...
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European Shares Surge on China Stimulus Optimism
European shares jumped as optimism over fresh stimulus from China buoyed markets. The pan-European STOXX 600 index neared its ...
Some revealing comments on the state of the global economy
European Central Bank president Christine Lagarde said the world economy faced pressures similar to those of the 1920s.
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ECB's Lagarde predicts inflation to hit 2% target next year
European Central Bank President Christine Lagarde has hailed the "remarkable" unwinding of price pressures that have gripped the global economy over the past three years, emphasising its minimal ...
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IMF Lagarde Inflation
Inflation in Europe will be down to target next year, but much uncertainty in the economic outlook remains, President of the ...
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World economy facing volatility like the 1920’s, ECB’s Lagarde cautions
Lagarde, who took control of the ECB only months before the onset of the COVID-19 pandemic, argued that a more uncertain ...