Why It MattersEurope’s economy, though more resilient than many forecasters had predicted, has still significantly weakened over the past 12 months, with a drop in inflation-adjusted wages and consumer confidence. […]
Lagarde, Christine
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Back to news homeTop Central Bankers Expect More Rate Increases Amid Stubborn Inflation
Central bankers from the world’s leading economies said on Wednesday that while they had raised interest rates significantly, additional increases would very likely be needed to wrestle inflation back under […]
Price Gains Ease in Europe but Core Inflation Keeps Policymakers ‘Up at Night’
A new year has brought Europe a little bit of good fortune. Unusually mild, even warm, weather has helped pull down natural gas prices after they soared for much of […]
Inflation in Europe Reaches a Record 10.7% as Officials Face Hard Options
Despite rapid interest rate increases by the European Central Bank, more than half of the 19 eurozone countries see double-digit rises in consumer prices. Read More
European Central Bank Raises Interest Rates Again
Policymakers on Thursday approved another hefty rate increase to corral prices that have risen “far too high.” Read More
Euro Hits Parity With U.S. Dollar for First Time in 20 Years
Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia and a growing risk of recession, the pressures bearing down on the […]
Omicron Is an Economic Threat, but Inflation Is Worse, Central Bankers Say
There is still a lot scientists do not know about Omicron. There is cautious optimism — but no certainty — about the effectiveness of vaccines against this fast-spreading variant of […]
Economic Risks Are High as Chances for Quick Stimulus Narrow
WASHINGTON — Two of the world’s most powerful central bankers said on Thursday that economic risks from the coronavirus remain high, and they cautioned against putting too much faith in […]