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  • European Central Bank's stimulus train to keep on rolling Sep 10, 2020 06:58 PM IST

    European Central Bank's stimulus train to keep on rolling

    The bank’s governing council made the decision Thursday to keep benchmark interest rates, the size of its bond-buying stimulus programs and its outlook unchanged.

  • ECB takes policy pause even as pandemic worries rise Jul 16, 2020 06:17 PM IST

    ECB takes policy pause even as pandemic worries rise

    The ECB still made clear it was ready to do more at any point, reaffirming its long-standing guidance to prop up the economy.

  • ECB's Lagarde urges quick EU recovery plan as economy in 'dramatic fall' Jun 19, 2020 06:33 PM IST

    ECB's Lagarde urges quick EU recovery plan as economy in 'dramatic fall'

    Lagarde addressed EU leaders, meeting by videoconference to wrangle over how to engineer a recovery from the deep recession caused by three months of coronavirus lockdowns in most European countries.

  • ECB sees big 2020 recession, partial rebound next year Jun 04, 2020 09:00 PM IST

    ECB sees big 2020 recession, partial rebound next year

    In what ECB President Christine Lagarde described as a baseline scenario, the ECB sees the bloc's economy shrinking by 8.7 percent this year after much of Europe was shut down for over two months this spring to halt the coronavirus outbreak.

  • European Central Bank nearly doubles coronavirus pandemic support scheme Jun 04, 2020 06:24 PM IST

    European Central Bank nearly doubles coronavirus pandemic support scheme

    The central bank for the 19 countries that use the euro also extended its monetary stimulus program to at least the end of June next year, from the end of 2020 currently.

  • Christine Lagarde sees ECB in crisis mode until next year Apr 30, 2020 09:37 PM IST

    Christine Lagarde sees ECB in crisis mode until next year

    The slowdown, also marked by rapidly deteriorating labour markets, is likely to steepen before the recovery phase kicks in, she told the bank's post-policy meeting news conference.

  • ECB ramps up stimulus in coronavirus fight but stops short of rate cut Mar 12, 2020 09:30 PM IST

    ECB ramps up stimulus in coronavirus fight but stops short of rate cut

    ECB President Christine Lagarde told a news conference the virus would have a "significant impact on economic activity" even if it is ultimately temporary in nature and called for "an ambitious and coordinated fiscal policy response".

  • ECB holds emergency meeting on coronavirus but leaves out policy Mar 04, 2020 05:30 PM IST

    ECB holds emergency meeting on coronavirus but leaves out policy

    The sources acknowledged the ECB was under increasing pressure to lower its policy rate further after a surprise Federal Reserve cut on March 3.

  • ECB policy is not on 'autopilot': Christine Lagarde Jan 24, 2020 12:45 PM IST

    ECB policy is not on 'autopilot': Christine Lagarde

    "To think it's autopilot, that's ridiculous," Lagarde said on Bloomberg TV. "There's a forward guidance which is strong, which is setting a very clear timetable but it's fact dependent. Let's look at the facts, let's look at how the economy evolves."

  • ECB's Lagarde launches policy overhaul that will leave no stone unturned Jan 23, 2020 10:32 PM IST

    ECB's Lagarde launches policy overhaul that will leave no stone unturned

    Lagarde said that aim will now be reviewed, along with the ECB's toolkit, how it measures price growth and how it communicates with the public.

  • Christine Lagarde in the spotlight at first ECB meeting Dec 12, 2019 07:57 AM IST

    Christine Lagarde in the spotlight at first ECB meeting

    The former International Monetary Fund chief, who took over Europe's most powerful financial institution on Nov. 1, has promised a rigorous assessment of how the ECB does business, weighing fundamental issues like changing the inflation target and how to fight climate change.

  • Mario Draghi leaves Christine Lagarde to heal rift at European Central Bank Oct 29, 2019 11:36 AM IST

    Mario Draghi leaves Christine Lagarde to heal rift at European Central Bank

    The 72-year-old Italian banker is widely credited with saving the euro zone from collapse, but some critics say he also overpowered opponents and tended to front-run the bank's monetary policy in public.

  • Christine Lagarde resigns as IMF chief, cites more clarity on ECB post Jul 16, 2019 08:58 PM IST

    Christine Lagarde resigns as IMF chief, cites more clarity on ECB post

    Lagarde said in a statement her resignation was effective September 12, opening the way for the IMF to choose its next leader.

  • 'Precarious' global rebound expected in late 2019: IMF's Christine Lagarde Apr 03, 2019 08:15 AM IST

    'Precarious' global rebound expected in late 2019: IMF's Christine Lagarde

    In a speech ahead of next week's spring meetings in Washington with the World Bank, IMF chief Christine Lagarde said the world economy was vulnerable to shocks from Brexit, high debt levels and trade tensions, as well as unease on financial markets.

  • IMF stands ready to support Pakistan, says Christine Lagarde after meeting Imran Khan in Dubai Feb 11, 2019 07:52 AM IST

    IMF stands ready to support Pakistan, says Christine Lagarde after meeting Imran Khan in Dubai

    Khan is paying a day-long trip to the UAE to take part in the 7th edition of the World Government Summit on the invitation of Vice President and Prime Minister of the UAE Sheikh Mohammad Bin Rashid Al-Maktoum.

  • Global economy like cross-country skiing today, all policymakers must follow their tracks: Christine Lagarde Jan 22, 2019 08:26 AM IST

    Global economy like cross-country skiing today, all policymakers must follow their tracks: Christine Lagarde

    Revising the global growth forecast, Lagarde said the bottom line is that after two years of strong expansion, the world economy is growing more slowly than expected and risks are rising.

  • IMF's Christine Lagarde urges US, others to reject 'dystopian' path Dec 05, 2018 09:00 AM IST

    IMF's Christine Lagarde urges US, others to reject 'dystopian' path

    The managing director of the Washington-based global crisis lender issued yet another plea to governments, notably the United States, to back away from protectionism and confrontation.

  • Opinion | Can Skill India solve the decline in female labour force participation? Dec 04, 2018 05:24 PM IST

    Opinion | Can Skill India solve the decline in female labour force participation?

    Given the less-than-laudatory attention that India’s rapidly declining female labour force participation is receiving globally, one needs to add another line to the famous girl child campaign: ‘Beti Bachao, Beti Padhao aur Beti Ko Kaabil Banao’

  • IMF chief Christine Lagarde warns of worse trade hit to global economy Nov 28, 2018 10:22 PM IST

    IMF chief Christine Lagarde warns of worse trade hit to global economy

    In a report for the Group of 20 leaders meeting in Buenos Aires, the IMF said auto tariffs, if imposed, could cut three fourths of a percent off the global economy.

  • Fix trade, don't destroy it, IMF chief Christine Lagarde warns Oct 10, 2018 12:43 PM IST

    Fix trade, don't destroy it, IMF chief Christine Lagarde warns

    Finance ministers and central bankers from many of the IMF's 189 member nations are meeting in Bali this week where concerns about protectionism have taken centre stage - especially the escalating trade war between the United States and China.

  • IMF chief Christine Lagarde urges countries to build global trade system that is stronger, fairer and fit for future Oct 01, 2018 10:32 PM IST

    IMF chief Christine Lagarde urges countries to build global trade system that is stronger, fairer and fit for future

    Lagarde made the remarks in a major policy speech at the International Monetary Fund headquarters here ahead of the annual fall meeting of the IMF and the World Bank in Bali later this month.

  • UK economy will shrink without Brexit deal, IMF warns Sep 17, 2018 04:53 PM IST

    UK economy will shrink without Brexit deal, IMF warns

    The Fund predicted Britain's economy would grow by about 1.5 percent a year in 2018 and 2019 lagging behind Germany and France if a broad Brexit agreement was struck.

  • IMF's Christine Lagarde to attend Russia's annual economic forum on May 25: forum May 10, 2018 02:24 PM IST

    IMF's Christine Lagarde to attend Russia's annual economic forum on May 25: forum

    French President Emmanuel Macron and Japanese Prime Minister Shinzo Abe are also expected to attend the investment forum, which will be chaired by Russian President Vladimir Putin.

  • Pace of economic reforms in India unlikely to continue in election year: IMF chief Christine Lagarde Apr 19, 2018 09:22 PM IST

    Pace of economic reforms in India unlikely to continue in election year: IMF chief Christine Lagarde

    The Managing Director of the International Monetary Fund said she does not expect the pace of economic reforms to continue in an election year.

  • PM Modi needs to pay more attention to women: Christine Lagarde Apr 19, 2018 09:20 PM IST

    PM Modi needs to pay more attention to women: Christine Lagarde

    "What has happened (in India) is just revolting. I would hope that the Indian authorities, starting with Prime Minister Modi pay more attention because it is needed for the women of India," Lagarde said.

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