Trump’s second big shock to the world economy since he returned to the White House looks increasingly likely to force central banks into a new round of tightening.
Jerome Powell, chairman of the US Federal Reserve, from left, Kazuo Ueda, governor of the Bank of Japan (BOJ), Christine Lagarde, president of the European Central Bank (ECB), and Andrew Bailey, governor of the Bank of England (BOE), walk the grounds during the Kansas City Federal Reserve's Jackson Hole Economic Policy Symposium in Moran, Wyoming, US, on Friday, Aug. 22, 2025. Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for the labor market even as worries over inflation remain. Photographer: David Paul Morris/Bloomberg
Swiss National Bank President Martin Schlegel received a salary of 986,200 Swiss francs ($1.2 million) in 2025, ensuring he remains one of the world’s best-paid central bank chiefs.
Swiss National Bank President Martin Schlegel received a salary of 986,200 Swiss francs ($1.2 million) in 2025, ensuring he remains one of the world’s best-paid central bank chiefs.
The Swiss National Bank said it stands ready to intervene in currency markets, hardening its tone on foreign exchange to respond to reverberations from the Iran crisis.
The Swiss National Bank said it stands ready to intervene in currency markets, hardening its tone on foreign exchange to respond to reverberations from the Iran crisis.
European Union nations are just weeks away from a decision on where to host the bloc’s new customs agency, in what could be an initial flash point in the race to pick the next European Central Bank chief.
European Union nations are just weeks away from a decision on where to host the bloc’s new customs agency, in what could be an initial flash point in the race to pick the next European Central Bank chief.
European Union nations are just weeks away from a decision on where to host the bloc’s new customs agency, in what could be an initial flash point in the race to pick the next European Central Bank chief.
Data from Germany in the coming days will shed light on whether Europe’s largest economy is on the cusp of a meaningful revival or still being hampered by Donald Trump’s tariffs and its own chronic shortcomings.
Commuters cross a road outside Frankfurt Central Station in Frankfurt, Germany, on Friday, Jan. 19, 2024. Germany's struggle to revive its sluggish economy is about to take an experimental turn as a host of companies take part in a pilot to work a 4-day week, with labor unions claiming that it could not only leave staff healthier and happier, but also more productive.
Data from Germany in the coming days will shed light on whether Europe’s largest economy is on the cusp of a meaningful revival or still being hampered by Donald Trump’s tariffs and its own chronic shortcomings.
Commuters cross a road outside Frankfurt Central Station in Frankfurt, Germany, on Friday, Jan. 19, 2024. Germany's struggle to revive its sluggish economy is about to take an experimental turn as a host of companies take part in a pilot to work a 4-day week, with labor unions claiming that it could not only leave staff healthier and happier, but also more productive.
Data from Germany in the coming days will shed light on whether Europe’s largest economy is on the cusp of a meaningful revival or still being hampered by Donald Trump’s tariffs and its own chronic shortcomings.
Commuters cross a road outside Frankfurt Central Station in Frankfurt, Germany, on Friday, Jan. 19, 2024. Germany's struggle to revive its sluggish economy is about to take an experimental turn as a host of companies take part in a pilot to work a 4-day week, with labor unions claiming that it could not only leave staff healthier and happier, but also more productive.
Exiled Belarusian opposition leader Sviatlana Tsikhanouskaya warned Donald Trump against trusting her country’s authoritarian leader, whom the US president invited to joint his Board of Peace initiative.
European Central Bank President Christine Lagarde abruptly walked out of an invitation-only sit-down dinner in Davos after US Commerce Secretary Howard Lutnick started laying into Europe, according to people familiar with the matter.
Christine Lagarde in Davos. Photographer: Krisztian Bocsi/Bloomberg
European Central Bank President Christine Lagarde abruptly walked out of an invitation-only sit-down dinner in Davos after US Commerce Secretary Howard Lutnick started laying into Europe, according to people familiar with the matter.
Christine Lagarde in Davos. Photographer: Krisztian Bocsi/Bloomberg
Larry Fink, the interim co-chief of the World Economic Forum, is openly musing about a venue change for the flagship event that would take the annual January meeting outside of Switzerland.
Larry Fink in Davos on Jan. 20. Photographer: Krisztian Bocsi/Bloomberg
Larry Fink, the interim co-chief of the World Economic Forum, is openly musing about a venue change for the flagship event that would take the annual January meeting outside of Switzerland.
Larry Fink in Davos on Jan. 20. Photographer: Krisztian Bocsi/Bloomberg
Larry Fink, the interim co-chief of the World Economic Forum, is openly musing about a venue change for the flagship event that would take the annual January meeting outside of Switzerland.
Larry Fink in Davos on Jan. 20. Photographer: Krisztian Bocsi/Bloomberg
Euro-area finance ministers are poised to start choosing the European Central Bank’s next vice president, in a decision that will set the stage for the succession to Christine Lagarde in the top job.
Euro-area finance ministers are poised to start choosing the European Central Bank’s next vice president, in a decision that will set the stage for the succession to Christine Lagarde in the top job.
Euro-area finance ministers are poised to start choosing the European Central Bank’s next vice president, in a decision that will set the stage for the succession to Christine Lagarde in the top job.
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