By Purvi Agarwal and Sanchayaita Roy (Reuters) -European shares slipped on Thursday after European Central Bank President Christine Lagarde said the bank was well-positioned to cope with global economic uncertainty,

The euro climbed to a six-week high as the European Central Bank (ECB) signaled it may pause further interest rate cuts following a 25-basis-point reduction to 2%. ECB President Christine Lagarde described the central

We are getting to the end of a monetary-policy cycle that was responding to compounded shocks — including Covid, the illegitimate war in Ukraine and the energy crisis,” says ECB's Lagarde.