Category: Lagarde, Christine

Wanted: New Central Bank Chief. Expertise and Political Acumen Required.

The New York Times – Business:
The looming departure of the European Central Bank’s president, Christine Lagarde, has set in motion a high-stakes search for her successor.
Christine Lagarde to Step Down as President of European Central Bank

The New York Times – Business:
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.
Vance, Altman, Musk, Mamdani, Bieber and More at the DealBook Summit

The New York Times – Business:
The conference on Nov. 18 will bring together the biggest names in business, politics, culture and more
Fed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago

The New York Times – Business:
The Federal Reserve chairman, Kevin Warsh, stressed that the central bank would “deliver price stability,” a point he has emphasized repeatedly since taking over in May.
Debt Alarms Ring as Countries Rack Up More Emergency Spending

The New York Times – Business:
Amid signs of a prolonged period of high energy costs, policymakers are urging restraint as governments open up the public till to protect households and businesses.
Europe Worries Trump Poses Threat to Its Financial and Tech Sovereignty

The New York Times – Business:
European leaders have been compelled to address the possibility of once-remote risks to the financial networks and technology that undergird their economies.
Larry Fink, the New Mayor of Davos

Larry Fink, BlackRock’s chief executive, led an effort to elevate the World Economic Forum next week, the first without the event’s founder, Klaus Schwab.
Global Central Bankers Express Support for Fed Chair After Criminal Investigation

The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.
Trump’s Fight with the Fed Carries a Heavy Cost, Experts Say

The president’s attacks on the central bank’s independence could undermine investor confidence in the institution at a crucial time.
As the Dollar Slides, the Euro Is Picking Up Speed

The euro has been gaining steam as investors seek new havens during geopolitical turmoil.
In Europe, Economists See a Chance to Rise on the Global Stage

Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the United States and China.
European Central Bank Cuts Rates as Trade War Weighs on the Economy

It was the eighth rate cut in the past year as officials try to steer Europe’s economy through “exceptional” uncertainty.