European Central Bank chief Christine Lagarde said Monday eurozone policymakers would keep cutting interest rates and warned that higher US tariffs under President-elect Donald Trump could hit growth in the bloc.

Central bankers are alert to the risk that global trade tensions will make managing inflation more challenging.

European Central Bank (ECB) president Christine Lagarde said the euro zone was getting “very ... retaliation by Europe to tariff threats made by incoming US President Donald Trump. “I said that retaliation was a bad approach because I think that ...

The Fed cut rates as expected on Wednesday amid a busy year-end run of central bank meetings from Ottawa and Frankfurt to Tokyo and London that showed heightened uncertainty ahead of Donald Trump entering ... ECB President Christine Lagarde was vague ...

"Some people did take a very preliminary step and start to incorporate highly conditional estimates of economic effects of policies into their forecasts at this meeting," Powell said in response to a question about the degree to which Trump factored into officials' thinking.

President Christine Lagarde said the euro zone was getting "very close" to reaching the central bank's medium-term inflation goal, according to an interview published by the Financial Times on Monday.

The ECB is expected to cut rates further in 2025 as weak growth and cooling inflation persist. While markets predict a drop to 2%, some analysts suggest deeper cuts could follow if trade risks and global uncertainties escalate.

The sun is setting on 2024, but the consequences of its many events will be felt around the world well into next year and beyond.

Europe's STOXX 600 closed slightly higher at the start of a holiday-shortened week, as a spike in Novo Nordisk shares boosted the healthcare sector and capped losses on the main stock index. The pan-European STOXX 600 gauge closed 0.

The Fed has more broadly been a target of President-elect Donald Trump in the past for its conduct ... While Powell hasn’t responded directly, ECB President Christine Lagarde challenged Trump’s gripe, inviting him to come and observe the work of ...

The euro was down against the dollar and could weaken to parity in the first quarter of 2025, but would be unlikely to remain at this level for long, MUFG Bank said.

A global economic crash is underway, and Europe, China, and the USA are facing significant challenges, according to Rich Dad Poor Dad author Robert Kiyosaki.Sharing his perspective on Twitter (X), Kiyosaki wrote: "Global crash has started.