Lagarde, Christine

The Debate on Wall Street: Did the Fed Pivot Too Soon on Rates?

The S&P 500 is on the cusp of a new record high following the central bank’s dovish forecast on interest rates. But some market watchers are questioning the durability of the rally.

European Central Bank Keeps Rates on Hold for First Time in Over a Year

“Inflation is still expected stay too high for too long,” the bank said, but noted that its campaign of interest rate increases was helping to curb price pressures.

European Central Bank Raises Rates for a 10th Time

In its battle to control inflation, the bank raised its key interest rate to the highest level on record.

E.C.B. Raises Rates Again, Citing ‘Too High’ Inflation

The bank said some price pressures were easing, but that “underlying inflation remains high overall,” as it raised rates a quarter percentage point.

Eurozone Inflation Slows, but Underlying Price Pressures Persist

The annual rate of inflation fell to 5.5 percent in June, compared with 6.1 percent the month before. But “core” inflation edged higher.