FRANKFURT European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump. | Video
FRANKFURT The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.
FRANKFURT, Sept 12 The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.
FRANKFURT The European Central Bank will cut some of its growth forecasts at its meeting on Thursday and its projections will also show only a modest rise in underlying and headline inflation in the coming years, two sources familiar with the matter said.
WASHINGTON/TOKYO/FRANKFURT The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.
FRANKFURT European Central Bank President Mario Draghi - often credited with single-handedly saving the euro during the worst of its crisis - is expected to perform more magic next week in his penultimate meeting in charge.
FRANKFURT/BRUSSELS Christine Lagarde took a major step towards becoming the European Central Bank's next president on Wednesday, securing the backing of a European Parliament committee after pledging to keep policy loose while undertaking a broader strategy review.
FRANKFURT ECB policymakers are leaning toward a stimulus package that includes a rate cut, a beefed-up pledge to keep rates low for longer and compensation for banks over the side-effects of negative rates, five sources familiar with the discussion said.
FRANKFURT European Central Bank policymakers are concerned that growth is even weaker than earlier thought and a package of measures may be the best way to combat the slowdown, the accounts of the July 25 meeting showed on Thursday.
FRANKFURT A combination of measures may be needed to prop up the euro zone economy, as recent indicators paint an even bleaker picture of the outlook, European Central Bank policymakers said at their July meeting, the accounts of the meeting showed on Thursday.
The United States believes the attacks that crippled Saudi Arabian oil facilities last weekend originated in southwestern Iran, a U.S. official told Reuters on Tuesday, an assessment that further increases tension in the Middle East.