Draghi one of ‘the great monetary fools in history’: Former Federal Reserve Bank of Dallas CEO – BNN Bloomberg
— Read on www.bnnbloomberg.ca/draghi-one-of-the-great-monetary-fools-in-history-former-federal-reserve-bank-of-dallas-ceo-1.1347512
Tag: ECB – European Union
Eurozone ‘close to stagnation’ as PMIs inch up in October – MarketWatch
The eurozone is mired close to stagnation at the start of the fourth quarter, IHS Markit said alongside the release of October purchasing managers indexes….
— Read on www.marketwatch.com/story/eurozone-close-to-stagnation-as-pmis-inch-up-in-october-2019-10-24
Mario Draghi saved the euro, but leaves ECB at a crossroads – MarketWatch
Mario Draghi is credited with saving the euro and building the ECB into a much more powerful institution, but he leaves it divided amid doubts over what’s…
— Read on www.marketwatch.com/story/mario-draghi-saved-the-euro-but-leaves-ecb-at-a-crossroads-2019-10-23
Mario Draghi legacy will shape the ECB long after his farewell
The ECB moved from being a central bank modeled after the German Bundesbank to a modern, Anglo-Saxon type organization under his reign.
— Read on www.cnbc.com/2019/10/24/mario-draghi-legacy-will-shape-the-ecb-long-after-his-farewell.html
Mario Draghi key moments at the European Central Bank
Thursday marks Draghi’s last press conference and rate decision at the euro zone’s central bank and he will officially leave on October 31.
— Read on www.cnbc.com/2019/10/24/mario-draghi-key-moments-at-the-european-central-bank.html
Euro-Area Economy Remains Close to Stagnation in October – Bloomberg
Euro-Area Economy Remains Close to Stagnation in October – Bloomberg
— Read on www.bloomberg.com/news/articles/2019-10-24/euro-area-economy-remains-close-to-stagnation-in-october
Draghi Reaches End of Fight to Save Euro: ECB Decision Day Guide – Bloomberg
European Central Bank President Mario Draghi will hold his final policy meeting and press conference on Thursday, after eight years of leading the fight to stave off a euro-zone breakup and the threat of deflation.
— Read on www.bloomberg.com/news/articles/2019-10-23/draghi-reaches-end-of-his-fight-to-save-euro-decision-day-guide
ECB Restarting QE Will Need More Purchase of Private Debt: Chart – Bloomberg
ECB Restarting QE Will Need More Purchase of Private Debt: Chart – Bloomberg
— Read on www.bloomberg.com/news/articles/2019-10-21/ecb-restarting-qe-will-need-more-purchase-of-private-debt-chart
ECB Policy Makers Cool on More Stimulus Even If Outlook Worsens
(Bloomberg) — European Central Bank policy makers don’t expect any more monetary easing in coming months despite a likely downgrade in their economic forecasts in December, according to euro-area officials.The interest-rate cuts and quantitative easing pushed through by President Mario Draghi in September
— Read on ca.finance.yahoo.com/news/ecb-policy-makers-cool-more-214121700.html
5 Years Into Negative Rates, Europe’s Banks Feel the Pain
The European Central Bank first made its key interest rate negative in June 2014 to help fight the threat of deflation. It was meant to be temporary. Five years later, rates are even lower, and European bankers are asking what temporary means.
— Read on www.marketwatch.com/articles/5-years-into-negative-rates-europes-banks-feel-the-pain-51570831182