Germany's plans to drastically increase government spending will be a focus at President Christine Lagarde's press conference.

Consumer and corporate optimism have faded in recent weeks as markets began to contend with the possible consequences of Trump’s agenda.

The European Central Bank has cut interest rates by another quarter percentage point to boost growth, lowering credit costs for consumers and businesses to support an economy that is struggling to grow - and could soon face even stronger headwinds from threatened U.