ECB chief sees limited risk of deflation in eurozone
"If inflation is too low for too long, then it can happen that people will bet on a further fall in prices and postpone spending. We haven`t reached that point yet. But we have to prepare for that risk," Draghi said.
Jan 02, 2015, 17:45 PM IST
Euro starts new year at new lows, oil tries to bounce
The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month, underlining the U.S. dollar`s rate advantage.
Jan 02, 2015, 08:51 AM IST
ECB's loans offer clues in QE guessing game
US data and several Fed central bankers will give a sense of the speed of the recovery and when a rate rise might be merited, while oil prices and Chinese data will provide plenty more for markets to digest.
Dec 07, 2014, 15:16 PM IST
Asian markets mostly higher at end of strong week
Asian markets mostly rose Friday, with the dollar again breaking 120 yen while the euro held onto gains after the European Central Bank shied away from fresh stimulus measures.
Dec 05, 2014, 17:37 PM IST
Early next year for reassessment of ECB policies' impact: Draghi
European Central Bank President Mario Draghi said on Thursday the bank would reassess the impact of its monetary policy stimulus early next year and take further action if necessary.
Dec 05, 2014, 09:51 AM IST
ECB cuts eurozone growth, inflation forecasts
The European Central Bank on Thursday cut its growth and inflation forecasts for the eurozone, noting the deteriorating economic outlook and price drops, its president Mario Draghi said.
Dec 04, 2014, 20:45 PM IST
ECB holds key rate steady at 0.05%
The European Central Bank held its key interest rates unchanged at its regular monthly policy meeting on Thursday.
Dec 04, 2014, 18:35 PM IST
Euro slumps to 2-year low ahead of ECB meeting
The euro sank to a two-year low point on Wednesday as investors prepared for the ECB to tip its hand on measures to stimulate a stagnating eurozone economy.
Dec 03, 2014, 23:52 PM IST
Slowing inflation paves way for more ECB action: Analysts
Slowing eurozone inflation is likely to make the European Central Bank increasingly nervous and pave the way for further monetary easing, analysts say.
Nov 30, 2014, 18:37 PM IST
Eurozone inflation falls to 0.3%, unemployment steady
Eurozone member Germany registered among the lowest unemployment rates at 4.9 percent in October, with Spain among the highest at 24 percent.
Nov 28, 2014, 17:16 PM IST
ECB's Draghi calls for wage cuts to help the euro
European Central Bank chief Mario Draghi on Thursday called for an "adjustment of wages" in the eurozone to strengthen the viability of the single currency.
Nov 27, 2014, 19:05 PM IST
ECB says may look at sovereign bond purchases in Q1 2015
The European Central Bank will be able to gauge early next year whether it needs to start buying sovereign bonds to stimulate the eurozone economy, its deputy president said Wednesday.
Nov 26, 2014, 19:40 PM IST
Asia stocks jump as China, Europe step up stimulus
Asian share markets were broadly higher on Monday as the prospect of further policy stimulus in China and Europe whetted risk appetites while sending the euro skidding.
Nov 24, 2014, 08:28 AM IST
Falling inflation a worry for Europe but also the world
European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro zone economy.
Nov 23, 2014, 23:13 PM IST
Draghi throws ECB door open to money printing as global prospects dim
European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth.
Nov 21, 2014, 22:52 PM IST
Gold price rallies to 3-week high after surprise China rate cut
Gold climbed back above $1,200 an ounce on Friday after a surprise rate cut by China fuelled expectations demand could rise in the world`s biggest gold consumer.
Nov 21, 2014, 19:42 PM IST
Will ramp up asset purchases without delay: ECB chief
European Central Bank President Mario Draghi said Friday that the ECB is ready to ramp up its contested asset purchases "without any undue delay."
Nov 21, 2014, 15:19 PM IST
ECB holds key rate steady at 0.05%
ECB President Mario Draghi was scheduled to explain the reasoning behind the decisions at his monthly news conference.
Nov 06, 2014, 18:49 PM IST
Central bankers to challenge Draghi on ECB leadership style
National central bankers in the euro area plan to challenge European Central Bank chief Mario Draghi on Wednesday over what they see as his secretive management style and erratic communication and will urge him to act more collegially, ECB sources said.
Nov 04, 2014, 21:51 PM IST
ECB takes up role of eurozone banking watchdog
The European Central Bank assumed its role Tuesday as Europe`s banking watchdog under a new system aimed at shoring up the financial system to ward off another euro-threatening crisis.
Nov 04, 2014, 18:58 PM IST
