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Business

Web Desk Karachi
Jul 02, 2025

ECB President Lagarde signals vigilance as Eurozone inflation reaches target

In June, the annual inflation rate in the euro area edged up to 2%, the first increase since January, reinforcing the ECB’s cautious approach as it continues its disinflation efforts.

Business

Reuters
Jun 11, 2025

Trade war resolution may require concessions from all, ECB’s Lagarde says

The United States set off global economic turmoil in April when it unveiled a raft of tariffs on most nations and trade flows have been disrupted while governments negotiate with the Trump administration.

Business

Web Desk Karachi
Jun 04, 2025

WEF’s interest in Lagarde sparks questions about her long-term commitment to ECB

It’s not unprecedented for those in her position to get quizzed on such matters by reporters, as happened with her predecessor Mario Draghi when speculation arose that he might become Italian head of state.

Business

Web Desk Karachi
Apr 17, 2025

Christine Lagarde to face press as ECB set to implement another rate cut, seventh since June

The unveiling of huge US trade levies has quashed talk that this week’s ECB meeting could bring a pause in the monetary-easing campaign that kicked off last June.

Business

Web Desk Karachi
Apr 17, 2025

Europe aims to bolster homegrown tech solutions as transatlantic relations strain

The continent’s daily technology usage is largely dominated by American firms, including Microsoft, Meta, Apple, and Uber. The risks associated with this reliance were already under scrutiny prior to Trump’s return to office, but now Europe is intensifying its efforts.

Business

Web Desk Karachi
Mar 07, 2025

ECB cuts benchmark interest rate to 2.5pc amidst weak growth, rising inflation

This reduction aligns with analysts’ expectations and will take effect from 12 March 2025. The interest rates on various facilities have also been adjusted: the deposit facility rate will decrease to 2.50 percent, the main refinancing operations rate to 2.65 percent, and the marginal lending facility to 2.90 percent.

Business

Web Desk Karachi
Feb 12, 2025

Digital Euro a priority for ECB to boost financial autonomy: Christine Lagarde

The Eurozone’s economic growth has been modest, with GDP rising only 0.9 percent year-on-year in 2024, with the last quarter showing particular weakness due to stagnant industrial production and subdued consumer spending despite rising real incomes.

Business

Web Desk Karachi
Jan 23, 2025

Christine Lagarde warns of potential US trade policy shifts, calls for economic reforms at Davos

She called for “action, action, action” to address these issues, citing the need for reforms on productivity and innovation amid demographic challenges.