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 ... Read More
Policy makers at a meeting of the International Monetary Fund said that high debt in China and a lack of spending in Europe, among other factors, could provoke a ... Read More
The Australian dollar came under renewed pressure on Friday after a relatively stable week during which it settled into a new comfort zone between US86.50¢ and US88.50¢. Late in ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus ... Read More
Between Mario Draghi and quantitative easing lies an obstacle course. The European Central Bank president’s signal that he’s considering large-scale bond purchases raises the question of how to surmount ... Read More
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