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The Latest Breaking News from Christine Lagarde

IMF chief says global economic outlook ‘less bad’ than feared

Kristalina Georgieva hints growth forecast could be upgraded thanks to retreating inflation, but warns against overoptimism

The Guardian - UK

Steal Their Style: 10 women over 55 offer their top tips and fashion advice to younger shoppers

One 74-year-old said: “I don’t dress my age and I never will.”

Manchester Evening News

European Central Bank expected to slow pace of rate hikes

The European Central Bank could slow its record pace of interest rate increases

The Independent UK

From analysis to the latest developments in health,
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Why we need more Lehman Sisters: the significant benefits of female leadership

Establishing gender equality is one of the founding values of the European Union, yet women are still underrepresented in decision-making positions in Europe. According to the European Institute of Gender Equality (EIGE), women represent just 32.3% of presidents, board members and employee representatives, and 21.5% of CEOs, executives and non-executives…

The Conversation

Europe's inflation likely hasn't peaked, ECB's Lagarde says

The head of the European Central Bank says she doesn't believe inflation has peaked after reaching the highest levels on record

The Independent UK

Lagarde warns ECB may do more than withdraw stimulus

The president of the European Central Bank is warning the bank may have to raise interest rates beyond merely withdrawing stimulus and into territory that could restrain growth

The Independent UK

European Central Bank leader doubles down on rate increases

The head of the European Central Bank underlined the bank’s determination to fight rampant inflation with more interest rate increases on top of recent record hikes

The Independent UK

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European Central Bank hikes interest rates, fuelling recession fears

ECB chief Christine Lagarde notes concerns but warns of further hikes to tackle soaring eurozone inflation

The Guardian - UK

ECB warns of 'looming recession'

FRANKFURT: The European Central Bank announced another jumbo interest rate hike on Thursday and said further increases would follow to combat soaring inflation, even as its president, Christine Lagarde, warned a eurozone recession was looming.

Bangkok Post

Eurozone rocked by record inflation as prices soar 10 percent

Eurozone consumer prices skyrocketed by a record 10 percent in September, according to official data released on Friday. Inflation has reached double digits on the back of soaring energy prices caused by Russia's war on Ukraine.

Radio France Internationale

Fed's Powell urges broader regulation for stablecoins

Federal Reserve Chair Jerome Powell said that stablecoins will need greater regulation as they become more widely used by consumers

The Independent UK

Central bankers talk tough, but they can’t fight inflation like this

Raising rates has no effect when the things that are rising in price the fastest, such as fuel and food, are essential purchases

The Guardian - UK

ECB delivers record-setting rate hike

FRANKFURT: The European Central Bank (ECB) announced the largest interest rate increase in its history on Thursday and said there were more to come as it scrambles to pull inflation down from record heights.

Bangkok Post

ECB makes biggest rate hike in eurozone history lifting rates by 0.75%

European Central Bank intensifies its fight against inflation but euro falls under parity with the dollar

Evening Standard

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Manchester Evening News

Steal Their Style: We spotted the most stylish shoppers this week sporting outfits from M&S, Primark and Topshop - and one was only £25

Fashion-enthusiast Bethan Shufflebotham took to Deansgate, Market Street and the Northern Quarter to scout out the best-dressed shoppers and picked up insighful style advice along the way

The Independent UK

Yellen downplays US recession as wave of economic data looms

Treasury Secretary Janet Yellen says the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession

Radio France Internationale

ECB hikes interest rates for the first time in more than a decade as outlook darkens

The European Central Bank brought an end to the era of negative interest rates in the eurozone, with a bigger than expected half-point hike, intended to combat soaring inflation. ECB President Christine Lagarde has warned of a darkening economic outlook.

Evening Standard

ECB hikes interest rates by 0.5% in its first rise in 11 years

Move will add pressure on Bank of England to follow suit

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The Independent UK

Europe's central bank to join global push for higher rates

The European Central Bank is ready to join the U.S. Federal Reserve and the Bank of England in a global rush to raise interest rates and put a lid on galloping inflation

The Guardian - UK

Interest rates: the three central banks facing one tricky balancing act

In the fight against inflation the ECB, Bank of England and Federal Reserve risk either doing too much too soon, or too little too late

The Independent UK

Italy political turmoil a headache for Europe's central bank

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 Independent UK

European Central Bank head targeted in cyberattack attempt

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

Reuters

'Amazing journey': EU accepts Croatia as 20th eurozone member

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.

The Guardian - UK

Global markets post worst first-half performance in decades – as it happened

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

The Guardian - UK

UK will face worse inflation than other major economies, says Bank governor

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

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