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The Latest Breaking News from Christine Lagarde

IMF warns Russia-Ukraine war will have ‘severe economic consequences’ for Europe – as it happened

IMF slashes growth forecasts for Europe, as pound falls 1.1% to 18-month low after sharp retail sales decline and April PMIs point to much weaker speed of recovery across UK economy

The Guardian - UK

Powell reinforces expectations of sharp rate hike next month

Powell reinforces expectations of sharp rate hike next month

The Federal Reserve must move faster than it has in the past to rein in high inflation, Chair Jerome Powell said, signaling that sharp interest rate increases are likely in the coming months, beginning at the Fed’s next policy meeting in May

The Independent UK

Inflation And Tech Earnings Set To Rattle Many Markets Next Week

Inflation And Tech Earnings Set To Rattle Many Markets Next Week

Next week, the largest market events will centre on inflation, with Australia and the European Area updating the market as to their respective rising consumer prices. Wednesday, April 27, 2022 Australia Inflation Rate YoY Q1

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G20 walk out in condemnation of Russia's war in Ukraine

Senior officials from Britain, the United States and Canada walked out on Russia's representatives at a Group of 20 meeting on Wednesday with many members condemning Moscow's war in Ukraine, exposing deep divisions within the bloc of the world's major economies.

Radio France Internationale

Elon Musk secures $46.5bn as he prepares hostile bid for Twitter – as it happened

Tesla boss could take his takeover offer directly to shareholders, bypassing the Twitter board, as World Bank chief warns of ‘human catastrophe’ from food crisis

The Guardian - UK

Yellen, Powell walk out of G20 meeting during Russian minister's speech

Yellen and Powell were joined by other delegates, including ECB head Christine Lagarde.

European Central Bank faces pressure from record inflation

Officials at Europe's central bank have inflation on their minds

The Independent UK

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European Central Bank head says she's positive for COVID-19

European Central Bank head says she's positive for COVID-19

European Central Bank President Christine Lagarde has tweeted that she tested positive for COVID-19 and has mild symptoms but will continue working at home

The Independent UK

ECB's Lagarde has COVID but symptoms mild

ECB's Lagarde has COVID but symptoms mild

European Central Bank President Christine Lagarde said on Thursday she has tested positive for COVID-19 but her symptoms are mild and she will continue to work.

Why Is The EU In Danger Of stagflation?

Why Is The EU In Danger Of stagflation?

Talks of a looming stagflation in the European Union have intensified over the past month as the region suffers from what many describe as the worst conflict in the continent in decades, threatening skyrocketing inflation, supply shortages, job losses and famine. Worst economic shock since WWII

Bitcoin, Ethereum, Dogecoin Rallies Halt: Are Inflation And War Concerns Reasserting Their Dominance?

Bitcoin, Ethereum, Dogecoin Rallies Halt: Are Inflation And War Concerns Reasserting Their Dominance?

Bitcoin, Ethereum and Dogecoin traded flat on Wednesday evening as the global cryptocurrency market cap fell 0.5% to $2.15 trillion.

EV battery manufacturer Novonix gains 9pc as critical minerals boosted, but ASX closes down

EV battery manufacturer Novonix gains 9pc as critical minerals boosted, but ASX closes down

Instability and inflation continue to weigh on global markets, with the Australian market finally coming down off a winning streak to follow sentiment down.

European Central Bank chief: No data suggests stagflation

European Central Bank chief: No data suggests stagflation

The European Central Bank's president says no data currently suggests that Europe will fall into stagflation, which is a combination of high inflation, little or no economic growth and high unemployment

The Independent UK

Sanctions highlight need for regulation of crypto market, Bank officials say

Sanctions highlight need for regulation of crypto market, Bank officials say

The value of crypto assets around the world increased tenfold between early 2020 and November last year, hitting as high as 2.9 trillion dollars.

The Independent UK

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Crypto Is Serving Russia's Sanction Evasion, ECB President Says

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.

The Guardian - UK

US inflation rises to new 40-year high of 7.9%; Abramovich sanctioned by UK – as it happened

ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict, as stock markets slide and Chelsea FC owner is sanctioned by Britain

The Guardian - UK

UK house prices hit record high but slowdown looms; eurozone bond yields rise – as it happened

Rolling coverage of the latest economic and financial news

The Independent UK

Europe's central bank faces challenges from record inflation

The European Central Bank is facing record inflation as it meets Thursday

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