Stock Take
Analysis: Lagarde faces career-defining 12 months as pressure mounts on ECB to cut rates
The former French politician must take the lead on cutting interest rates to save the Eurozone economy from recession
We are approaching a crucial phase in the global battle against inflation.
After hiking interest rates at their fastest ever pace over the last two years, central banks in Europe, Britain and the US are tantalisingly close to hauling price inflation back to the long-term target of around 2 per cent.
As inflation has steadily fallen over recent months, market expectations of multiple interest rate cuts have reached fever pitch. As usual, financial markets are ...
