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The July rate hike will be the first in 11 years.
Despite rising prices, the European Central Bank also decided to keep its pandemic stimulus efforts unchanged.
Irish used car prices have increased by 40% in the year to the end of June
European GDP is set to shrink further in the first quarter of the year, says ECB President Christine Lagarde.
It comes against the backdrop of gloomy economic forecasts.
The results of this week’s election may further complicate the American response to the economic crisis.
In the meantime, the governing council decided to keep its monetary policy unchanged.
The economic effects of coronavirus can be mitigated “if we handle it well,” according to the Bank of England.
Largarde is currently the outgoing chief of the International Monetary Fund.
IMF chief Christine Lagarde is among the nominees.
Donald Trump doesn’t have the best track record when it comes to empowering women.
The will-they-won’t-they Greek financial crisis dominated the summer of 2015.
The IMF head was found guilty for failing to challenge a €404 million compensation payout to a business tycoon.
She will be the third successive head of the IMF to face a trial.
Christine Lagarde has said that the country cannot restore debt sustainability “solely through its own actions”.
And the political situation is settling too, apparently.
Anti-austerity party Syriza won a landslide election.
International Monetary Fund head Christine Lagarde says “a debt is a debt and it is a contract”.
What happened in the days and weeks leading up to the bank guarantee of 30 September 2008? TheJournal.ie presents an in-depth account from the people who were in the thick of it.
Lagarde said that she will not resign her position and intends to return to work immediately.
The International Monetary Fund is to give its official global economic forecasts in two weeks.
The International Monetary Fund’s final review of Ireland’s bailout programme comes with several warnings, although says the we are seeing signs of recovery.
The Finance Minster says that Ireland’s decision not to take a post-bailout credit line was because this was a “benign” time. The Troika say Ireland is in a “strong position”.
The world breathed a collective sigh of relief when an eleventh hour deal ended the US government shutdown – but it only fully funds the government until January, writes Larry Donnelly.
The IMF said that growth in the economy is encouraging, but unemployment and non-performing bank loans are worrying signs.
What do you reckon? Tell us in the comments. (*There’s no physical prize, but you’ll have our undying respect)
The Taoiseach is among the world’s most powerful leaders in Fermanagh again today.
The IMF chief’s lawyer said that the search is part of an inquiry into her role in a $400 million arbitration deal in favour of a tycoon.
Christine Lagarde says the IMF has an “open mind” about allowing Ireland to defer its repayments if it helps end the bailout.
Lagarde will mark International Women’s Day by hosting a lunch in Dublin.
The hacker collective said it took over the website to protest government “lies”, after dubious new inflation figures.
IMF chief Christine Lagarde visibly disagreed with Eurogroup chief Jean-Claude Juncker at a press confernece last night.
Christine Lagarde said Argentina has until December to produce data on growth and inflation – or else face censure.
The longest serving head of government in the EU and the head of the Euro Group is not a man to mess with and these pictures prove it…
A Dutch newspaper quotes an insider as saying informal talks for a full-blown sovereign bailout are underway.
Peter Doyle, a former adviser to the department that runs Ireland’s bailout program, says he was “ashamed” to work for the financial institution in a resignation letter.
Christine Lagarde calls for bailout funds to be given to banks directly rather than countries being saddled with the debt – while Italy’s prime minister warns leaders have one week to save the eurozone.