Lagarde sought to temper expectations of a clear-cut path for rate cuts while acknowledging positive signs in recent wage and inflation trends. During a Frankfurt conference, she explained that "our actions will need to be informed by the latest data at each meeting without committing in advance to a fixed trajectory for future rates." Supporting…
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Lagarde's comments underscored the delicate balance the ECB aims to maintain in its fight against inflation, which has been a significant concern for economies worldwide. "The Q4 wage numbers are obviously encouraging numbers," she remarked, pointing out that these figures offer a glimmer of hope. However, she quickly added a note of caution, stating, "The…
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Just as soon as it was announced that Christine Lagarde, the current head of the IMF, was the frontrunner to replace Mario Draghi as he departs the European Central Bank, there was then immediate speculation as to who would replace her at the IMF. The first name that has been bandied about is Mark Carney,…
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It’s official – Christine Lagarde, the current head of the IMF, has been nominated to replace the outgoing Mario Draghi as head of the ECB. Known as both a politician, as well as an economist, Ms. Lagarde will bring a much-needed breath of fresh air to the central banking affairs of the EU. Although Lagarde’s…
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Christine Lagarde, the Managing Director of the International Monetary Fund, is making waves in the crypto sea again, churning away on both sides of the debate, while the crypto community accuses her of hypocrisy of the first order. On one day, she posits in an interview with CNBC that all things crypto are a disruptive…
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Paris in the middle of winter can be brutal, but one year ago, attendees at the Paris Fintech Forum were hot with crypto fever. When one of Europe’s biggest annual gatherings of its kind convened this year in the City of Light, over 3,000 entrepreneurs, investors, bankers, and regulators braved the cold once again, but…
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IMF chief Christine Lagarde caused a bit of a stir, when she chimed into the cryptocurrency debate at the 33rd Asean Summit, held in Singapore: Having central banks issue digital currency can bring about financial inclusivity, better security and consumer protection, as well as allay privacy concerns. She could have stopped there, but she went…
Read moreThe head of the International Monetary Fund (IMF), Christine Lagarde, must stand trial in France over a payment of €403 million (now £340m, then £290m) to tycoon Bernard Tapie. Mr Tapie, a former French football team owner, won €403 million in 2008 in a case against the French public bank Crédit Lyonnais, after he said…
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