The Latest Breaking News from Christine Lagarde

Italy's political turmoil is making life harder for the European Central Bank as it hikes interest rates and raising bad memories of the eurozone debt crisis a decade ago

The European Central Bank says its president, Christine Lagarde, was targeted in an attempted cyberattack but no information was compromised

European Union finance ministers on Tuesday formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023, a move hailed as the culmination of an "amazing journey" for a Balkan nation once at war.

US stocks have recorded their worst first half in more than 50 years as central bank attempts to slow inflation sparks selloff

Andrew Bailey said inflation would persist for longer than previously expected as petrol prices soar

Federal Reserve Chair Jerome Powell said there’s “no guarantee″ the central bank can tame runaway inflation without hurting the job market

Sintra (Portugal) (AFP) - Inflation has surged back to levels not seen in many developed economies since the 1970s and 1980s.Economists and central bankers at the European Cental Bank's conference in Portugal warn it will take time before price rises cool.

The head of the European Central Bank says it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to “stamp out” inflation if it surges faster than expected

Rolling coverage of the latest economic and financial news

Central bank chiefs and economists gather Monday evening at their annual forum in southern Portugal to discuss the best approach to the inflationary challenges exacerbated by Russia's invasion of Ukraine. Some 200 delegates will attend the ECB Forum on Central Banking at a luxury hotel in Sintra, west of Lisbon,…

First meeting in 1975 grappled with the oil shock – now it is Russia’s war in Ukraine creating angst