Latest Christine Lagarde News

Clouds pass by the European Central Bank in Frankfurt, Germany, Thursday, Jan. 16, 2020. (AP Photo/Michael Probst)

European Central Bank sees a few upbeat signs in eurozone

Jan. 16, 2020 9:31 AM EST

FRANKFURT, Germany (AP) — Top officials at the European Central Bank say economic growth remains weak though they see a few upbeat signs after the U.S. and China moved toward lowering trade tensions. Recent data point to “a stabilization in euro area growth,” according to an account of the...

A cargo ship passes the buildings of the banking district on the river Main in Frankfurt, Germany, Monday, Dec. 30, 2019. (AP Photo/Michael Probst)

Eurozone inflation hits 6-month high before oil price spike

Jan. 7, 2020 6:08 AM EST

LONDON (AP) — Inflation across the 19-country eurozone spiked to a six-month high in December even before the recent jump in oil prices in the wake of escalating U.S.-Iran tensions, official figures showed Tuesday. Statistics agency Eurostat said prices increased across the board during December, helping...

FILE - In this Dec. 5, 2019, file photo, trader Gregory Rowe, left, and specialist Michael Pistillo work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Dec. 12. (AP Photo/Richard Drew, File)

Pound jumps on expected Tory win; trade talk lifts shares

Dec. 12, 2019 11:15 PM EST

BANGKOK (AP) — The British pound surged early Friday as exit polls indicated a resounding election victory for Prime Minister Boris Johnson's Conservative Party, as talk of a China-U.S. trade deal buoyed share prices in Asia. The British pound strengthened to $1.3468 from $1.3385 late Thursday as...

FILE  - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels.  Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)

Europe's new central banker aims to put her stamp on the job

Dec. 12, 2019 12:05 PM EST

FRANKFURT, Germany (AP) — Christine Lagarde is wasting no time in putting her stamp on the European Central Bank. The bank's new president said at her first news conference Thursday that she will lead a top to bottom review of how the institution sets monetary policy, looking at everything from how it...

Investors monitors stock prices at a brokerage in Beijing on Thursday, Dec. 12, 2019. Asian shares are mixed after a wobbly day on Wall Street following the Federal Reserve announcement that it would leave interest rates unchanged. Japan's benchmark Nikkei 225, South Korea's Kospi and Hong Kong's Hang Seng rose in early Thursday trading. (AP Photo/Ng Han Guan)

Stocks mixed as US, EU policymakers leave rates unchanged

Dec. 12, 2019 8:21 AM EST

TOKYO (AP) — Global shares were mixed Thursday after central banks in Europe and the U.S. said they will leave interest rates unchanged for the time being. Investors are still waiting for a breakthrough in U.S.-China trade talks while monitoring Britain's national election Thursday, which will likely...

New President of European Central Bank Christine Lagarde, right, talks to European Central Bank Vice President Luis de Guindos during a Finance Ministers Eurogroup meeting at the European Council headquarters in Brussels, Friday, Nov. 8, 2019. (AP Photo/Francisco Seco)

Europe's new central bank chief faces slow growth, dissent

Dec. 10, 2019 11:48 AM EST

FRANKFURT, Germany (AP) — Mario Draghi took over as head of the European Central Bank eight years ago amid market speculation that the euro currency union might break up. Christine Lagarde succeeds him with more breathing room - but facing serious challenges from a weak economy, policy differences among...

From left, European Central Bank President Christine Lagarde, European Commission President Ursula von der Leyen and European Council President Charles Michel attend an event to mark the 10th anniversary of the entry into force of the Lisbon Treaty at the House of European History in Brussels, Sunday, Dec. 1, 2019. (AP Photo/Olivier Matthys)

Lagarde: Eurozone growth is weak, stimulus working

Dec. 2, 2019 11:59 AM EST

FRANKFURT, Germany (AP) — New European Central Bank President Christine Lagarde said Monday that economic growth “remains weak” in the 19 countries that use the euro but gave no indication she is contemplating adding to the stimulus enacted by her predecessor, Mario Draghi. Lagarde said in...

From left, European Central Bank President Christine Lagarde, European Parliament President Sassoli, European Commission President Ursula von der Leyen, and European Council President Charles Michel pose for photographers as they mark the 10th anniversary of the entry into force of the Lisbon Treaty at the House of European History in Brussels, Sunday, Dec. 1, 2019. (AP Photo/Olivier Matthys)

New EU leaders take office vowing to tackle climate change

Dec. 1, 2019 10:55 AM EST

BRUSSELS (AP) — A new team of leaders took office at the helm of the European Union on Sunday, pledging to put the fight against climate change at the top of their agenda and foster European unity despite the likely departure of Britain from the 28-nation bloc. Germany’s Ursula von der Leyen...

The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)

Eurozone unemployment’s falls to lowest rate since July 2008

Nov. 29, 2019 5:50 AM EST

LONDON (AP) — Unemployment across the 19-country eurozone has fallen to its lowest rate since July 2008 even though growth is cooling in the face of headwinds like the U.S.-China trade war and uncertainty related to Britain’s departure from the European Union. The European Union’s statistics...

The new President of the European Central Bank Christine Lagarde adds her signature to an oversize euro banknote at the ECB in Frankfurt, Germany, Wednesday, Nov. 27, 2019. (AP Photo/Michael Probst)

New ECB boss Lagarde adds her signature to euro banknotes

Nov. 27, 2019 7:02 AM EST

FRANKFURT, Germany (AP) — The new president of the European Central Bank has added her signature to euro banknotes, which she describes as “the most tangible symbol of European integration.” Christine Lagarde signed the euro bills in a brief ceremony Wednesday at the ECB’s Frankfurt...