Christine Lagarde

Lagarde warns China competes in 40% of eurozone’s key sectors

European Central Bank President Christine Lagarde warned on Wednesday that China now directly competes with the eurozone in close to 40% of the sectors where Europe holds a comparative advantage, up from around 25% in the early 2000s, as she…

Lagarde says Europe can’t afford to miss AI revolution

European Central Bank President Christine Lagarde warned on Wednesday that Europe cannot afford to repeat its failure to capitalize on the first digital revolution, urging the continent to remove barriers that prevent artificial intelligence from spreading across its economy.

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Lagarde says ECB will discuss raising bank reserve requirements

The European Central Bank confirmed on Thursday that it will discuss raising banks' minimum reserve requirements, as policymakers weigh options to reduce the Eurosystem's financial losses with a decision expected in autumn.

Spain backs De Cos to succeed Lagarde as ECB president

Spain has thrown its hat into the ring for the European Central Bank's top job, backing Pablo Hernández de Cos as its candidate to succeed Christine Lagarde in what would be Madrid's first-ever bid to lead the eurozone's central bank.

Lagarde defends ECB rate hike, hints at French political ambitions

European Central Bank President Christine Lagarde has strongly defended the central bank's decision to raise interest rates in June, telling French newspaper Les Echos that "we are confident that we made the right choice," even as a ceasefire between Iran…

Lagarde says ECB was ready to raise rates as early as April

European Central Bank President Christine Lagarde doubled down on the bank's June interest rate increase, telling French newspaper Les Echos on Thursday that "we are convinced we made the right decision," even as new data shows eurozone inflation cooling faster…

Lagarde declares end of ECB forward guidance era at Sintra forum

European Central Bank President Christine Lagarde used the opening of the ECB's annual forum in Sintra, Portugal on Monday to defend the bank's June 11 rate increase and lay out a stripped-down approach to monetary policy that replaces forward guidance…

Lagarde says ECB’s June rate hike was data-driven, not precautionary

ECB President Christine Lagarde on Monday pushed back against characterizations of the bank's June rate increase as a pre-emptive move, arguing that the euro zone's improved economic resilience and the ECB's upgraded analytical tools gave policymakers confidence to act on…

Lagarde says eurozone resilience gives ECB room on rates

ECB President Christine Lagarde used the opening of the central bank's annual forum in Sintra, Portugal, on Monday to argue that the eurozone's growing economic resilience gives policymakers greater flexibility to adjust interest rates without triggering financial stress, according to…

ECB’s Lagarde calls for talks on yuan undervaluation

European Trade Commissioner Maros Sefcovic will host Chinese Commerce Minister Wang Wentao in Brussels on June 29-30 for what officials have described as "crunch talks" on the bloc's widening trade deficit with China, as pressure mounts from EU leaders and…