Christine Lagarde

European Central Bank President Christine Lagarde said she has huge confidence in the United States and believes the government will not default on its debt. "I just cannot believe that they would let such a major, major disaster happen of the United States defaulting on its debt. This is not...

The European Central Bank hiked interest rates by 50 basis points Thursday, bringing the rates on its main refinancing operations and deposit facility to 3.5% and 3%, respectively, as it anticipates inflation will remain "too high for too long."  Lagarde Signals Data-...

Markets are eagerly awaiting the European Central Bank's policy meeting on Thursday, March 15, with officials expected to hike interest rates by at least 25 basis points (bps), while a greater half-point rise remains possible. The likelihood of a 50bps hike has substantially decreased in recent...

The European Central Bank's chief blamed Russian President Vladimir Putin’s war in Ukraine for the rising inflation in the continent, forcing the bank to raise interest rates. What Happened: "That's what he [Putin] is trying to do, cause chaos and destroy...

European Central Bank President Christine Lagarde believes market data backs her belief that Russian actors are using cryptocurrencies such as Bitcoin (CRYPTO: BTC) to circumvent sanctions. What Happened: Lagarde said that there are signs in the market that Russians are converting their local...

European Central Bank President Christine Lagarde asked eurozone finance ministers Tuesday to consider a one-off joint debt issuance of “coronabonds” to assist with the coronavirus pandemic, according to Reuters. “Despite opposition from the Netherlands, it is likely...

The European Central Bank (ECB) is sticking to its guns on playing "an active role" in the digital currency field, said ECB’s President Christine Lagarde on Wednesday. What Happened The ECB will continue assessing the risks and benefits of issuing a central bank digital currency (...

The European Central Bank will establish clear objectives for its digital currency task force by mid-2020, the bank's president Christine Lagarde said in on Thursday. What Happened Lagarde, who was holding her first-ever press conference as the president of ECB, said that there is a clear...

Forbes published its annual list of most powerful women on Thursday. Merkel At The Top — Again Angela Merkel, whom Forbes describes as the "de facto leader of Europe," has been voted the most powerful woman in the world for the 12th time since she was elected Germany's...

Italian economist and former Goldman Sachs Group Inc (NYSE: GS) banker turned European Central Bank President Mario Draghi held his last press conference Thursday as he prepares to leave the position Oct. 31 after eight tumultuous years at the ECB.  European leaders have nominated...

Eurozone stocks and the related exchange traded funds haven't been all that bad this year. The SPDR EURO STOXX 50 ETF (NYSE: FEZ), for example, is up 12.26%. That sounds pretty good until acknowledging FEZ is trailing the S&P 500 by about 500 basis points. FEZ tracks the EURO STOXX 50 Index...

This weekend's Barron's presents 11 cheap blue-chips in a pricey market. Other featured articles name cheap stocks that are cheap for a reason and how to play stocks that are mired in controversy. Also: the prospects for a TV station operator, an e-commerce play, a grocery store chain...

European leaders have nominated International Monetary Fund Managing Director Christine Lagarde to become the next president of the European Central Bank, according to The Wall Street Journal. Member states decided to back Lagarde to succeed the current ECB chief Mario Draghi, whose eight-year term...

Bitcoin, Ethereum and other cryptocurrencies have been some of the hottest investments in the world in recent years. This year alone, the Bitcoin Investment Trust (OTC: GBTC) is up more than 476 percent. But while some investors are going all in on cryptocurrency as the future of payments, other...

International Monetary Fund Managing Director Christine Lagarde has cautioned that the U.S. Federal Reserve's communication strategy is a risky one, telling the bank she thinks it should hold off on an interest rate hike. In Lagarde's view, markets are not prepared for the ramifications of a rate...