ECB President Lagarde: Central bank independence is critically important

LAGARDE: TARIFFS MAY ONLY HAVE A SMALL EFFECT ON EUROPE'S GDP ECB's President Lagarde: Companies will adjust to higher US tariffs. MORE ECB'S LAGARDE: ULTIMATELY CONSUMERS PAY FOR TARIFFS EVEN IF COMPANIES ARE ABSORBING COSTS NOW #europeancentralbank #ecb #christinelagarde #monetarypolicy #eurozone #jacksonhole

Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands. For months, Powell has largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. Yet on Friday, in a ...

The European Central Bank has entered a new monetary-policy phase where officials can focus on monitoring the economy rather than actively intervening to change its course, according to Governing Council member Martins Kazaks. With inflation at the 2% target and recent data not signaling a marked shift in the outlook since June’s quarterly projections, ...