FRANKFURT European Central Bank staff back Mario Draghi's aggressive stimulus policy but resent the perception that he relied on a "kitchen cabinet" and allowed favouritism at the institution, a survey showed on Wednesday.
FRANKFURT, Oct 23 European Central Bank staff back Mario Draghi's aggressive stimulus policy but resent the perception that he relied on a "kitchen cabinet" and allowed favouritism at the institution, a survey showed on Wednesday.
FRANKFURT For a man credited with saving the euro, Mario Draghi's final policy meeting at the helm of the European Central Bank will be far from a lap of honor.
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 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 Mario Draghi leaves the European Central Bank at the end of the month, and that may give opponents of his ultra-easy monetary policy a chance to shift the tone of the debate at the top of the institution.
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 Sabine Lautenschlaeger's shock resignation from the European Central Bank illustrates the deep divisions that Christine Lagarde will have to heal when she takes over next month, with some policymakers in open revolt over a new stimulus package.
BERLIN/FRANKFURT Germany's appointee to the board of the European Central Bank, outspoken policy hawk Sabine Lautenschlaeger, has decided to step down, the ECB said on Wednesday, in what was likely to be seen as a further backlash against the latest stimulus measures.
Hong Kong's legislature on Wednesday formally withdrew planned legislation that would have allowed extraditions to mainland China, but the move was unlikely to end months of unrest as it met just one of five demands of pro-democracy protesters.