European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to include bitcoin among his country's official reserves. While the Czech Republic does not use the euro,
During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary process on track and expects a pick up in demand, though it acknowledges the near-term weakness of the eurozone economy.
European Central Bank President Christine Lagarde said it’s improbable that any European Union country will choose to add Bitcoin to its monetary reserves.
Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.
European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.
"If trade tensions don't escalate, exports should support recovery as global demand rises."
The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.
BUDAPEST (Reuters) -Central bank independence is being challenged in parts of the world and greater political influence could undermined banks' ability to keep inflation down, risking economic volatility,
The FTSE 100 closed at a fresh record high on Thursday thanks to strong corporate updates, value seeking and a return of “animal spirits” to the City of London. London’s blue chip index rose 1pc to close at 8646.88 and has now risen 5.8pc so far this year.
The World Economic Forum's annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters. It was also slower than the previous quarter, when growth was 3.1% annualised.