Banking And Credit

Draghi stepped in during euro's darkest hour

Oct 28, 2019

Mario Draghi is widely credited with rescuing one of the Europe Union's most precious projects _ its 20-year-old single currency _ from disaster with a well-timed phrase and actions to back up his words

The Latest: Draghi says his legacy not dented by criticism

Oct 24, 2019

As he winds up his eight-year term, European Central Bank President Mario Draghi says his legacy isn't dented by the unusual public criticism by some ECB officials of a key part the bank's last stimulus package

Forum: Don't expect cheap money to do it all

Jun 30, 2019

An international forum for central bankers is warning that the global economic recovery will need more than just support from the likes of the U.S. Federal Reserve to get past its current shaky stretch.

European Central Bank hints at stimulus _ drawing Trump ire

Jun 18, 2019

The European Central Bank's president says that the bank is ready to cut interest rates and could re-start its bond purchase stimulus if the economy needs it.

Euro gains in global use, but dollar still dominates

Jun 13, 2019

The European Central Bank says the euro has gained ground on the dollar as a global currency used for government reserves, rebounding from historic lows as U.S. sanctions deter some countries' use of the U.S. currency

After Fed turn, Europe faces stimulus question

Jun 6, 2019

The European Central Bank is wrestling with what to do about growth worries and sluggish inflation, just two days after the U.S. Federal Reserve opened the door to more stimulus

Eurozone inflation ticks up in hopeful sign for central bank

May 3, 2019

Inflation rose in April in the 19-country eurozone, an encouraging sign for the European Central Bank in its struggle to sustainably raise price levels

World stocks waver as Fed steers clear of signaling rate cut

May 2, 2019

World stocks waver as Fed keeps rates intact, no cut planned despite low inflation

Asian stocks mixed as Fed steers clear of signaling rate cut

May 2, 2019

Asian stocks mixed as Fed keeps rates intact, no cut planned despite low inflation

Asian shares fall as Fed minutes show data may tweak stance

Apr 11, 2019

Asian shares retreat as some Fed officials suggest data may tweak stance

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