The euro held near a 10-day low on Monday after posting a weekly loss as investors remained cautious about the outlook for the euro zone economy in the near ... Read More
Lending program can lock in ultra-low rates until next decade ECB action provides rebuttal to doubts over central bank power Whether Mario Draghi’s latest barrage of stimulus works or ... Read More
Talks between Greece and euro zone finance ministers over the country’s debt crisis broke down on Monday when Athens rejected a proposal to request a six-month extension of its international bailout package as ... Read More
Australia’s record low interest rates are about to head way lower, analysts tell CNBC, as the country’s central bank scrambles to play catch up in the race to the ... Read More
Lithuania has become the 19th European country to adopt the euro – but enters a currency union deep in crisis. The former Soviet republic is the last of the Baltic ... Read More
Britain’s economy still looks on course to expand at a strong pace in 2015, but raising interest rates now would pose a “huge risk” to its recovery, the British Chambers of ... Read More
The euro zone economy may face another contraction after business activity grew less than expected in November, although although Asian readings were more upbeat, while U.S. data was mixed ... Read More
European Central Bank President Mario Draghi threw the door wide open on Friday for more dramatic action to rescue the euro zone economy, saying “excessively low” inflation had to be raised ... Read More
The euro edged higher and European stocks pulled back on Thursday as investors waited to see how ECB chief Mario Draghi responds to another run of poor euro zone ... Read More
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