Tag: ECB – European Union

European Central Bank deploys new stimulus to help economy

FRANKFURT — The European Central Bank delivered a new blast of monetary stimulus Thursday to help the shaky economy in the face of uncertainties like the U.S.-China trade conflict and Brexit.The decision comes as central banks around the world, including the U.S. Federal Reserve, are lowering rates to
— Read on ca.finance.yahoo.com/news/european-central-bank-unveils-help-120630626.html

ECB Cuts Rates, Revives QE to Lift Growth as Draghi Era Ends

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.The European Central Bank cut interest rates further below zero and revived bond purchases after President Mario Draghi overcame critics of his stimulus policies to make a final run at reflating
— Read on ca.finance.yahoo.com/news/ecb-cuts-rates-restarts-qe-115224234.html

ECB’s Sub-Zero Headache Might Require Range of Fixes to Be Fair

(Bloomberg) — European Central Bank officials trying to make their sub-zero monetary policy more palatable may need to be imaginative if they want it to reach the whole euro zone. While the ECB levies a deposit rate of -0.4% to stimulate the economy, charging banks to deposit money effectively curbs
— Read on ca.finance.yahoo.com/news/ecb-sub-zero-headache-might-040000358.html

European Banks Staring Down Barrel of ECB Rate Cut Seek Relief

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.After five years of negative interest rates, Europe’s lenders are grasping for straws.Top bankers used the release of dire earnings in recent weeks to lobby the European Central Bank to soften
— Read on ca.finance.yahoo.com/news/european-banks-staring-down-barrel-090937409.html

The ECB Is Dragging Us Deeper Into Madness

(Bloomberg Opinion) — The European Central Bank will doubtless cut its overnight deposit rate even deeper than the current -0.4% at its next meeting in September. That doesn’t mean it’s the right way to try to breathe life into the euro zone economy. It might just make things worse.By the time the ECB
— Read on ca.finance.yahoo.com/news/ecb-dragging-us-deeper-madness-060004274.html

Draghi Shouts Louder at Germany as ECB Scrapes Stimulus Barrel

(Bloomberg) — Mario Draghi is shouting louder than ever for help with the euro-area economy, and still no one is listening.After stating that the outlook is getting “worse and worse,” the European Central Bank president said on Thursday it is “unquestionable” that governments will need to pitch in with
— Read on ca.finance.yahoo.com/news/draghi-shouts-louder-germany-ecb-020010819.html