One of the heavyweights of the financial world, Christine Lagarde, is stepping down early as head of the European Central Bank (ECB). She will leave her post on February 7, according to an ECB press release.
BusinessA new energy price shock will keep inflation at an elevated level, according to the European Central Bank (ECB).
BusinessJerome Powell, the head of the US central bank Federal Reserve (Fed), is expected to try to calm down speculations about unusually rapid cuts in a speech at the annual symposium in Jackson Hole on Friday. But the direction is clear. The interest rate in the US will start to be cut in the autumn, according to SEB economist Robert Bergqvist.
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