European Central Bank President Christine Lagarde discusses monetary policy at the World Economic Forum in Davos.

European Central Bank President Christine Lagarde discusses European competitiveness, tariff threats under Donald Trump's second presidency and monetary policy at the World Economic Forum in Davos.

Speaking in a CNBC interview on the sidelines of the World Economic Forum (WEF) annual meetings in Davos on Wednesday, European Central Bank (ECB) President Christine Lagarade said that “no US tariff is what I expected, a smart approach.” She added that “doesn't mean to say it won't happen, will be more selective.”

The European Central Bank isn’t lowering interest rates too slowly and will maintain its measured approach to easing monetary policy, President Christine Lagarde told CNBC.Most Read from BloombergTexa

Chief Adviser of the interim government Professor Dr. Muhammad Yunus has sought the assistance of the European Central Bank president Christine

Chief Adviser Professor Muhammad Yunus has sought the assistance of the European Central Bank President Christine Lagarde to recover billions of dollars stolen from the country during Sheikh Hasina's "dictatorship". The two dignitaries met in the Swiss city of Davos yesterday (22 January) on the sidelines of the World Economic Forum annual meeting.

Executives, diplomats and officials line up like fans at a rock concert to hear US President Donald Trump, but leave with mixed feelings. Read more at straitstimes.com.

Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.

Supporters like Argentina President Milei are expressing their enthusiasm, while Ukraine’s Zelenskyy is looking to the new US president with optimism. In contrast, targets of Trump’s policies, such as German Chancellor Olaf Scholz,

Across European equities, financials led the market, with utilities and mining trailing. Meanwhile, traders are also closely monitoring developments on tariffs, while the World Economic Forum in Davos remains a focal point.

Europe must be prepared for US President Donald Trump to introduce new import tariffs on the region, European Central Bank President Christine Lagarde has warned. Speaking with CNBC at the World Economic Forum in Davos,

As Donald Trump appeared on giant screens at the World Economic Forum in Davos, the world's rich and powerful rapturously applauded and snapped photos of the US leader. But by the end, the crowd had mixed feelings.