Asian stocks hit a two-month high after the US Federal Reserve decided not to hike interest rates for the first time in 17 months, but projected two more 25 basis point hikes this year. The euro made a one-month peak after the decision at $1.0865 and now awaits a European Central Bank meeting where markets expect an eighth straight rate hike will take borrowing costs to two-decade highs. China's industrial output and retail sales figures fell short of market forecasts, while New Zealand's economy shrank into recession this year. The kiwi was last down 0.7% at $0.6163.

June 15 (Cointime) - The European Union is set to reveal plans for a digital euro that would require the European Central Bank to establish limits on its use in order to ensure financial stability. A draft proposal obtained by Bloomberg states that the ECB would need to determine the necessary instruments to guarantee financial stability.

European Central Bank (ECB) President Christine Lagarde has warned that the U.S. dollar’s reserve currency status “should no longer be taken for granted.”

A new central bank digital currency (CBDC) in Europe would be designed with privacy in mind, although it would never be as private as cash is, according to a European Central Bank (ECB) official.

Christine Lagarde is the President of the European Central Bank (ECB). According to the article you mentioned, Lagarde warned in a speech in September 2021 that a potential default by the United States on its debt obligations could lead to a major disaster for the global economy.

Governor of the National Bank of Belgium – thinks the European Central Bank (ECB) should keep raising the interest rates to combat the bothersome inflation. The institution lifted the rates to 3.5% in March (the highest since the financial crash in 2008).

Although the European Central Bank (ECB) has done most of the work in terms of interest rate hikes, it still has a “little way to go,” Banque de France Governor Francois Villeroy de Galhau said on Wednesday, quoted by Reuters. 

A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.”

In a prank video, the president of the European Central Bank (ECB), Christine Lagarde, has admitted that a digital euro, a central bank digital currency (CBDC) planned for release in the near future, would be used in a 'limited' way to control the payments that individuals can make. Lagarde acknowledged that "there will be control" but specified it would be a "limited amount of control." She voiced her desire for Europe not to be dependent on an "unfriendly country's currency" or a "friendly currency but which is activated by a private corporate entity like Facebook or Google." Lagarde has been concerned about the growth of cryptocurrencies and their threat to the traditional banking system, demanding greater oversight over the crypto industry. The ECB's plans prioritize e-commerce and person-to-person payments during the first phase of the CBDC release, followed by other contexts in the second phase.

Elizabeth McCaul, a supervisory board member of the European Central Bank (ECB), has called for additional oversight of crypto firms operating in a borderless state outside typical attempts at supervision.