ECB's Lagarde in spotlight as policy on hold

ECB's Lagarde in spotlight as policy on hold

The European Central Bank left key monetary policy settings unchanged Thursday (Dec 12), placing the spotlight on new president Christine Lagarde to offer clues about its future direction and plans for a major reassessment of ECB tools and goals.
Merkel, Macron praise Draghi's 'European dream' as ECB chief bows out

Merkel, Macron praise Draghi's 'European dream' as ECB chief bows out

French President Emmanuel Macron and German Chancellor Angela Merkel on Monday (Oct 28) lauded Mario Draghi for defending "the European dream" in the face of opposition as he handed over a divided ECB to Christine Lagarde.
Renewed crisis in Argentina puts IMF under fire

Renewed crisis in Argentina puts IMF under fire

Despite a history of many IMF rescue programmes, Argentina once again faces a deepening financial crisis, raising questions about whether the Washington-based lender made a mistake in its dealings with Latin America's third largest economy.
IMF aims to select new leader by Oct 4

IMF aims to select new leader by Oct 4

The International Monetary Fund plans to select a new leader to replace Christine Lagarde at the global crisis lender by Oct 4, the IMF board announced on Friday (Jul 26).
Lagarde resigns as IMF chief, cites more clarity on ECB post

Lagarde resigns as IMF chief, cites more clarity on ECB post

International Monetary Fund chief Christine Lagarde announced on Tuesday (Jul 16) she had submitted her resignation from the global lender, saying she had more clarity about her nomination to be the next head of the European Central Bank.
IMF's Lagarde nominated to lead European Central Bank

IMF's Lagarde nominated to lead European Central Bank

Christine Lagarde has made a career out of breaking glass ceilings in the halls of international finance and is now poised to break one more, leading the European Central Bank.
IMF, World Bank urge caution with China loans

IMF, World Bank urge caution with China loans

Increased lending by China to developing nations is increasingly under the spotlight amid concerns that growing debt burdens and onerous conditions could sow the seeds of a crisis.
'Precarious' global rebound expected in late 2019: IMF's Lagarde

'Precarious' global rebound expected in late 2019: IMF's Lagarde

Global growth in 2019 should be even slower than previously expected but a "precarious" rebound later this year is likely, the head of the International Monetary Fund said on Tuesday (Apr 2).
IMF chief defends rate hikes after Trump slams 'crazy' Fed

IMF chief defends rate hikes after Trump slams 'crazy' Fed

IMF chief Christine Lagarde on Thursday (Oct 11) defended central bank rate hikes in a veiled rebuke to Donald Trump after the US president blamed "crazy" Fed policies for contributing to financial market turmoil.
IMF approves US$50b aid programme for Argentina

IMF approves US$50b aid programme for Argentina

The International Monetary Fund on Wednesday (Jun 20) formally approved a US$50 billion aid package intended to help Argentina confront inflation, budget deficits and a weakening currency.
IMF's Lagarde says ready to assist Argentina

IMF's Lagarde says ready to assist Argentina

International Monetary Fund chief Christine Lagarde said on Thursday (May 10) she is ready to aid Argentina and wants talks on a financing package to be finalised quickly.
IMF unveils new corruption policy for member states

IMF unveils new corruption policy for member states

The stricter new policy also aims to tackle how rich countries contribute to corruption in the developing world by failing to prevent bribery and money laundering or by allowing anonymous corporate ownership.
IMF's Lagarde warns against harming trade, investment

IMF's Lagarde warns against harming trade, investment

IMF chief Christine Lagarde said escalating trade tensions could reverberate through the world economy, undermining confidence and choking off investment.
IMF chief warns trade war will harm global growth

IMF chief warns trade war will harm global growth

The head of the International Monetary Fund warned on Wednesday (Mar 7) that a trade war US President Donald Trump apparently intends to provoke with tariffs on steel and aluminium would snuff out global growth.
Global markets seeing 'necessary corrections': IMF chief

Global markets seeing 'necessary corrections': IMF chief

Wall Street stocks ended a bruising week on a benign note, courtesy of a late-session surge on Friday, while equity markets in Europe and Asia fell sharply in volatile trading.