US Economy Christine Lagarde

  • *Germany mulls ways to issue new debt and finance spending. Now, signs that Germany may finally be prepared to accept higher spending to boost its economy means investors are starting to question whether entrenched market pessimism is justified. Economists have for years called on thrifty governments, above all euro zone powerhouse Germany, to spend more to...

  • LONDON, Aug 16- New British finance minister Sajid Javid is looking at how best to take advantage of record-low borrowing costs when he sets out his first budget later this year, according to an interview published late on Friday. Many economists think Britain's economy could contract if Johnson follows through on a threat to take the country out of the EU...

  • Protesters demonstrate in front of the Central Bank of Argentina in Buenos Aires, Argentina, on Tuesday, Aug. 13, 2019. In the wake of President Mauricio Macri's stunning rout in primary elections over the weekend, investors dumped its stocks, bonds and currency en masse, leaving much of Wall Street wondering whether the country was headed for yet another default.

    Analysts at Bank of America Merrill Lynch now believe there is a 50% chance Argentina will default on its sovereign debt next year.

  • FRANKFURT, Aug 13- The European Central Bank's imminent stimulus package is unlikely to cut record low borrowing costs much further but will tie its new president's hands for much of the next year, giving her little leeway to act while the economy ails. Germany can already borrow at minus 0.6% for ten years and interbank markets price 30 basis points of ECB...

  • WASHINGTON, Aug 11- China is unlikely to face serious consequences from the Trump administration's decision to label it a currency manipulator given the apparent lack of G7 and IMF support for the move, former and current U.S. and G7 officials said. Monday's designation came just hours after President Donald Trump tweeted that China was manipulating its...

  • Traders work on the floor at the New York Stock Exchange.

    The U.S.-China trade war is spooking Wall Street, but Phil Orlando of Federated Investors says that's not the only hurdle ahead.

  • David Lipton

    "It's time for the countries to have dialogue, to reach agreements, to try to find a way through this," the IMF's David Lipton says.

  • WASHINGTON, July 26- The International Monetary Fund said on Friday its executive board adopted an "open, merit-based and transparent" process to select a new leader to replace Christine Lagarde, with the aim of choosing a candidate by Oct. 4. In Brussels, a French official said European Union governments were working to choose a single candidate from a field that...

  • BRUSSELS, July 26- European Union governments are working to select one European candidate from a list of five names to succeed Christine Lagarde at the helm of the International Monetary Fund, a French official said on Friday. Bulgaria's Kristalina Georgieva, chief executive of the World Bank, has been added to a list of four names that were discussed by EU...

  • WASHINGTON, July 26- The International Monetary Fund said on Friday its executive board adopted an "open, merit-based and transparent" process to select a new leader to replace Christine Lagarde, with the aim of choosing a candidate by Oct. 4. Lagarde will replace European Central Bank Chairman Mario Draghi in November. Leading candidates discussed by European...

  • *Rate cuts, more QE on the table. *Decision at 1145 GMT, Draghi speaks at 1230 GMT. FRANKFURT, July 25- The European Central Bank is all but certain to ease policy further on Thursday, with the biggest question whether it staggers its moves over several months or opts for a big bang.

  • *Rate cuts, more QE on the table. *Decision at 1145 GMT, Draghi speaks at 1230 GMT. FRANKFURT, July 25- The European Central Bank is all but certain to ease policy further on Thursday, with the biggest question whether it staggers its moves over several months or opts for a big bang.

  • *Graphic: World FX rates in 2019 http://tmsnrt.rs/2egbfVh. NEW YORK, July 19- The U.S. dollar rose in afternoon trade on Friday as fears of a larger-than-expected 50- basis-point interest rate cut in July abated after the New York Federal Reserve walked back dovish comments from its president the prior day. At a conference on Thursday, New York Fed President John...

  • REUTERS POLL-CHRISTINE LAGARDE TO MAINTAIN MARIO DRAGHI'S POLICY STANCE IF CONFIRMED AS ECB PRESIDENT, SAID NEARLY 95% OF ECONOMISTS.

  • LONDON, July 17- Global investors plan to ditch emerging-market bonds whose yields have been dragged into negative territory by the renewed commitment of the world's major central banks to continue monetary easing if necessary. "Very low or negative interest rates in European sovereign debt is spilling over into EM debt in the higher-graded space and...

  • CHANTILLY, France, July 17- G7 finance ministers will have the growing powers of big digital firms in their sights when they meet on Wednesday outside Paris despite divisions about how best to tax them. France wants to use its presidency of the two-day meeting in the picturesque chateau town of Chantilly north of Paris to get broad support for ensuring minimum...

  • The pillars of that order, the International Monetary Fund and its sister institution the World Bank, have been controlled by the United States and Europe since their inception at the Bretton Woods conference in New Hampshire in July 1944. Le Maire said that while Bretton Woods had defined the international economic order of the second half of the 20th century,...

  • WASHINGTON, July 16- International Monetary Fund chief Christine Lagarde announced on Tuesday 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. Lagarde's decision to resign comes on the eve of a meeting of the Group of Seven finance ministers in Chantilly,...

  • WASHINGTON, July 16- IMF Managing Director Christine Lagarde will submit her resignation from the global financial lender on Tuesday, three sources familiar with her decision said. Her resignation comes after Lagarde was nominated on July 2 to be the next head of the European Central Bank. She did not immediately resign from the IMF because of uncertainty over...

  • EXCLUSIVE-IMF MANAGING DIRECTOR CHRISTINE LAGARDE TO SUBMIT RESIGNATION ON TUESDAY- THREE SOURCES WITH KNOWLEDGE OF HER DECISION.