The Latest Breaking News from Christine Lagarde

Eurozone inflation slowed faster than expected in November to a two-year low of 2.4 percent, after peaking at around 10% last year.

For three years central banks in the US and Europe have been struggling to rein in price growth unseen in a generation

The annual rate of inflation in the eurozone fell to a more than two-year low in November, the EU's official statistics agency said Thursday.

December S&P 500 futures (ESZ23) are down -0.19%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.18% this morning as market participants looked ahead to comments from Fed Chair Jerome Powell and other Fed officials while also awaiting the release of the Fed’s favorite inflation gauge later in the…

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International policymakers have warned that Europe must invest more quickly and massively in its energy transition if it wants to remain a global industrial power.

The head of the European Central Bank says interest rates will stay high enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”

Weak consumer spending as, people – especially in Germany, the EU’s largest economy – put more into savings