Christine Lagarde

Powell duped by Russian pranksters who claimed to be Ukraine’s Volodymyr Zelenskyy

WASHINGTON — Federal Reserve Chairman Jerome Powell spoke by phone with two Russian pranksters earlier this year who falsely claimed…

European Central Bank hikes rates despite market mayhem, pledges support if needed

The European Central Bank on Thursday announced a further rate hike of 50 basis points, signaling it is ready to…

Euro zone inflation softens to 8.5% in February as ECB signals interest rate hiking is not over

New data out of the euro zone on Thursday suggested that inflation is taking a while to come down significantly,…