"The playbook to get out of this is that you inflate your way out," Jones said about America's ballooning national debt.

Hedge fund manager Paul Tudor Jones told CNBC that government spending could cause a major sell-off in the bond market.

Billionaire hedge fund manager Paul Tudor Jones warns of a ballooning U.S. deficit and debt and said he’s staying away from owning fixed-income. Read more here.

WASHINGTON (Reuters) - Euro zone inflation is on the way down and could fall back to 2% more quickly than once thought, European Central Bank President Christine Lagarde said on Tuesday. "I'm absolutely confident that we will reach that target sustainably in the course of 2025," Lagarde told a Bloomberg Newsmaker event.

European Central Bank policymakers joined forces on Tuesday to warn about the risk of inflation falling below the central bank's 2% target, signalling a change in their focus after years of excessive price growth.

European Central Bank President Christine Lagarde said, “inflation is on the right track of disinflation,” but the central bank will remain “cautious and not jumping to conclusions.” Lagarde spoke in an exclusive conversation with Francine Lacqua.