European Central Bank President Christine Lagarde said Bulgaria is “well advanced” in the process of meeting the criteria for joining the euro.

During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary process on track and expects a pick up in demand, though it acknowledges the near-term weakness of the eurozone economy.

EUR/USD declines to near 1.0370 as inflation in six states of Germany decelerates in January.

Against this backdrop, the ECB’s communication in the policy statement and President Lagarde’s comments will hold the key to determining the scope and timing of the next rate cuts as the Bank battles concerns over economic growth and potential tariffs by United States (US) President Donald Trump’s administration.

The Bitcoin price posted a slight loss after the ECB President said BTC will not enter the bank’s reserves and this ICO heads for $9 million.

Central bank independence is being challenged in parts of the world and greater political influence could undermined banks' ability to keep inflation down, risking economic volatility, European Central Bank President Christine Lagarde said on Monday.

European Central Bank President Christine Lagarde speaks on a panel at the World Economic Forum in Davos, Switzerland.

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

Speaking at a press conference, ECB President Christine Lagarde suggested “liquid, secure and safe“ standards for central banks likely precluded Bitcoin as a reserve asset.

The European Central Bank is widely expected to cut interest rates for the fifth time since it began easing monetary policy.

SoftBank is in talks to invest as much as $25bn into OpenAI. The deal would make it the start-up’s biggest financial backer. At the same time, the two companies are also partnering on a separate massive AI infrastructure project. Here to explain what all this says about SoftBank’s AI ambitions is the FT’s Arash Massoudi. Hi, Arash.