Search Results for: ECB President Mario Draghi
European Stock-Index Futures Retreat Before ECB Decision
November 6th, 2014
European stocks fell for the third time in four days, as investors awaited the European Central Bank’s monetary policy decision and any hints on further stimulus from President Mario Draghi. U.S. index futures and Asian shares also declined. The Stoxx Europe 600 Index ...
Draghi’s Whatever It Takes Bid Saved Euro Area, ECB Says
October 15th, 2014
European Central Bank President Mario Draghi helped save the euro with his pledge to do “whatever it takes” as lenders prepared for a collapse of the currency, an ECB lawyer told a hearing today. The European Court of Justice, ...
Mario Draghi urges governments to help fight deflation
October 10th, 2014
Mario Draghi is determined to tackle low inflation in the Eurozone, and has called upon governments to also play their part in the fight against possible deflation. The president of the European Central Bank (ECB) today announced a new ...
Mario Draghi: ECB to start buying covered bonds this month
October 3rd, 2014
Mario Draghi, the president of the ECB, has said the Bank will be prepared to take on below investment grade asset-backed securities (to BBB-), opening the door to Greek and Cypriot banks. The central bank will start buying covered ...
Draghi’s Buying Spree for the ECB Might Start Modestly
October 2nd, 2014
When Mario Draghi writes his first check to pay for asset purchases, he might not use much ink. While the European Central Bank president pledged to start a program this month to buy asset-backed securities and covered bonds, initial ...
Draghi Devaluing Euro Cheers ECB as Inflation Seen Fading
September 29th, 2014
Mario Draghi’s strategy for reviving the euro area looks like devaluation. While the European Central Bank president says the exchange rate isn’t a policy target, officials aren’t secretive about their approval of the currency’s 9% slide. The depreciation increases ...
Draghi: Euro’s Level in Alignment with Monetary Policies
September 25th, 2014
The euro’s depreciation is in line with the divergence of monetary policies around the world, European Central Bank President Mario Draghi said. “The exchange-rate movement reflects the different path of monetary policies in Europe versus the monetary policies in ...
Mario Draghi: ECB should Become More Active
September 23rd, 2014
Mario Draghi says he won’t sit back and wait for stimulus to reach the economy. The European Central Bank president said a planned asset-purchase program shows that policy makers will steer the size of the institution’s balance sheet to ...
ECB May Not Need to Add Stimulus
September 22nd, 2014
The European Central Bank may not need to add stimulus measures after steps in the past three months pushed down the euro, said Governing Council member Ignazio Visco. “Inflation expectations have to be back where they were,” Visco said ...
Draghi Loan Plan Missing Estimates Hampers ECB Stimulus
September 19th, 2014
Mario Draghi is facing renewed pressure to implement quantitative easing after banks borrowed less than estimated in the European Central Bank’s first targeted-loan offer. The Frankfurt-based ECB lent 82.6 billion euros ($106.5 billion) to euro-area banks at a fixed ...
