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Philip R. Lane: Outlook for the euro area economy

It is an honour to be invited to contribute to the Asian Monetary Policy Forum. My topic today is to examine the role of Europe in the world economy.[1] International trade, international finance, international technolo…

Politics

How much has UK fiscal headroom narrowed ahead of autumn budget?

Britain locked in its most expensive long-term borrowing in 28 years on Tuesday, selling £4.25 billion (approximately $5.75 billion) of 30-year government bonds at a yield of 5.8168% — the highest at any gilt yield reco…

Politics

Are interest rates on the way up again?

There's nothing like talk of energy prices and potential higher borrowing costs to remind us that the summer holidays are well and truly over.

Politics

Watch: Three times Trump has promised money to Americans

US President Donald Trump says he would give $5,000 to every American adult if the midterm elections go his way. Turning that promise into reality, however, would face significant hurdles. The proposal could cost more t…

Politics

Christine Lagarde, Boris Vujčić: Monetary policy statement

Good afternoon, the Vice-President and I welcome you to our press conference. I would like to thank President Nagel for his kind hospitality and express our special gratitude to his staff for the excellent organisation …

Politics

Monetary policy decisions

The Governing Council today decided to raise the three key ECB interest rates by 25 basis points. The conflict in the Middle East continues to generate inflation pressures, and inflation is set to remain well above targ…