FRANKFURT/NEW YORK Two outspoken skeptics of the European Central Bank's stimulus policy on Wednesday demanded a radical rethink of the ECB's strategy under incoming President Christine Lagarde.
FRANKFURT The European Central Bank can buy just over one year's worth of German bonds under its new asset-purchase program and must bend its own rules to keep the scheme running longer, risking fresh internal and legal conflict, two sources familiar with the process said.
FRANKFURT European Central Bank policymakers were deeply divided last month over reviving bond purchases, according to minutes of their meeting that show a rift within the euro zone's most important institution deepening ahead of a change of leadership.
FRANKFURT The Federal Reserve has set monetary policy to where it can deliver on its 2% inflation goal and there is scope to raise rates slightly over the next few years if the economy continues to grow, Chicago Fed President Charles Evans said on Tuesday.
FRANKFURT After lowering U.S. interest rates twice this year, the Federal Reserve has reset monetary policy to where it can deliver on its 2% inflation goal despite risks to the economic outlook, Chicago Federal Reserve Bank President Charles Evans said on Tuesday.
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
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.