European Central Bank President Christine Lagarde speaks on a panel at the World Economic Forum in Davos, Switzerland.

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

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

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

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 World Economic Forum’s annual gathering of elites in Davos has ended with many business leaders, world-class academics, top government officials and other elites casting an upbeat tone about economic prospects,

From the standpoint of America, the EU treats us very, very unfairly, very badly,” Trump said in a virtual address to the World Economic Forum.

At the World Economic Forum, President Trump's return to the White House overshadowed traditional talk on climate change, trade and development.

Bangladesh's interim leader Muhammad Yunus sought the assistance of European Central Bank (ECB) President Christine Lagarde on Wednesday to recover billions of dollars stolen during Prime Minister Sheikh Hasina's regime.

Europe must "be prepared" and anticipate the potential trade tariffs of newly inaugurated U.S. President Donald Trump, European Central Bank President Christine Lagarde told CNBC on Wednesday.

It is the European Union that is isolated, not Hungary. We are walking on the main street of history, while the EU is stumbling somewhere in the muddy backstreets.

Following is the text of European Central Bank President Christine Lagarde's statement after the bank's policy meeting on Thursday: