ECB

ECB’s Knot says low rate policy risks becoming counterproductive

ECB’s Knot says low rate policy risks becoming counterproductive

Published 23/12/2019

AMSTERDAM (Reuters) - Interest rates in the euro zone could remain historically low for years, but the European Central Bank’s (ECB) ultra-loose monetary policy risks [more…]

ECB keeps policy unchanged with door still open to more stimulus

ECB keeps policy unchanged with door still open to more stimulus

Published 12/12/2019

FRANKFURT (Reuters) - The European Central Bank left policy unchanged at new ECB President Christine Lagarde’s first meeting on Thursday, keeping money taps wide open [more…]

Some banks slow in implementing Brexit plans: ECB’s Enria

Some banks slow in implementing Brexit plans: ECB’s Enria

Published 11/11/2019

FRANKFURT (Reuters) - European Union banks have put in place all the plans for Brexit but execution is lagging as lenders await the outcome of [more…]

Lagarde will take ECB out of ivory tower: De Guindos in El Pais

Lagarde will take ECB out of ivory tower: De Guindos in El Pais

Published 26/10/2019

FRANKFURT (Reuters) - Christine Lagarde will ensure European Central Bank policymakers climb down from their “ivory tower” and face the political realities of the euro [more…]

‘Never give up!’ Draghi tells Lagarde as he leaves ECB

‘Never give up!’ Draghi tells Lagarde as he leaves ECB

Published 24/10/2019

FRANKFURT (Reuters) - European Central Bank President Mario Draghi told his successor on Thursday to “never give up” on propping up the euro zone economy [more…]

A quiet exit for Draghi? Five questions for the ECB

A quiet exit for Draghi? Five questions for the ECB

Published 21/10/2019

LONDON, (Reuters) - Mario Draghi’s last meeting as European Central Bank chief this Thursday may prove a lively gathering given a deep rift among policymakers [more…]

Governments must ensure ECB is not overburdened, Merkel says

Governments must ensure ECB is not overburdened, Merkel says

Published 26/09/2019

FRANKFURT (Reuters) - Euro zone governments must reform their economies and use appropriate fiscal policies to ensure that the European Central Bank is not overburdened, [more…]

Draghi ties Lagarde’s hands with promise of indefinite stimulus

Draghi ties Lagarde’s hands with promise of indefinite stimulus

Published 12/09/2019

FRANKFURT (Reuters) - European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of [more…]

ECB’s tiered rate is cold comfort for euro zone banks

ECB’s tiered rate is cold comfort for euro zone banks

Published 12/09/2019

FRANKFURT (Reuters) - The European Central Bank is giving euro zone banks a small reprieve from a penalty charge on their idle cash but this [more…]

ECB action, hit by Trump as ‘hurting U.S. exports,’ ups pressure on Fed

ECB action, hit by Trump as ‘hurting U.S. exports,’ ups pressure on Fed

Published 12/09/2019

WASHINGTON (Reuters) - The European Central Bank’s move to cut interest rates and restart a larger stimulus program drew fast reaction from the White House [more…]