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,

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.

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.

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

President Trump sees global interest rates dropping, but the strong U.S. economy and his policies lead the Federal Reserve to diverge from other central banks. The ECB, Bank of Canada, and BoE are cutting rates,

Bulgaria has made progress in meeting the convergence criteria for joining the eurozone according to European Central Bank ECB President Ch

The ECB president confirmed that the disinflation process “is underway” and ruled out the possibility of stagflation, “there is a recovery” but warned about US tariffs: “They could weaken the economy”.

The European Central Bank lowered rates by 25 basis points to 2.75% as expected and kept more easing on the table.

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: