ECB President Christine Lagarde urged Europe to prepare for potential US trade policy shifts, warning of selective tariffs under Trump. Speaking in Davos, she stressed the need for economic reforms, defended the ECB's cautious rate cuts,

Europe must “be prepared” for potential trade tariffs from U.S. President Donald Trump, the president of the European Central Bank Christine Lagarde told CNBC at the World Economic Forum in Davos on Wednesday.

Christine Lagarde said Europe needed to get better at keeping its talent and savings at home, adding that the new US administration’s decision to freeze some funding for former president Joe Biden’s Inflation Reduction Act might remove one of the incentives to invest in the US.

The European Central Bank is expected to cut interest rates this Thursday and hint at further easing ahead as policymakers, together with the rest of the world, try to process the implications of U.S. President Donald Trump’s policies for growth.

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.

World leaders and business titans at the World Economic Forum called out widespread pessimism, siloed markets, regulation, and cultural weakness in Europe.

In Europe, the working poor subsidize the nonworking poor. Meanwhile, the welfare state is destroying worker productivity and limiting economic growth.

The Fed will likely be on a more hawkish path, so significant divergence from the ECB could risk flight of capital towards the Dollar.”

European Central Bank President Christine Lagarde warned that Europe needed to keep its "huge amount" of talent at home and raised the alarm for its leaders to act.

(Reuters) -European shares closed at a record high on Wednesday, boosted by technology stocks following strong results from chip equipment maker ASML, while investors shifted their focus to a monetary policy verdict by the U.

The re-election of Donald Trump should serve as a “wake-up call” for EU leaders, Lagarde and Germany's Habeck warned.

There is too much pessimism around Europe and it could be time to be investing back in the region, BlackRock CEO Larry Fink said at the World Economic Forum annual meeting on Friday.