close
This ad will auto close in 10 seconds

ECB stresses 'readiness to act' in face of Brexit headwinds

European Central Bank policymakers warned of "new headwinds" for the eurozone following Britain`s vote to quit the EU, according to minutes of their July meeting released on Thursday.

ECB pours cash into company bonds to boost eurozone

ECB pours cash into company bonds to boost eurozone

Having already slashed interest rates to below zero and pumped massive amounts of cash into financial markets, it started to directly finance businesses by buying their debt in the bond market.

Ready to act using all instruments available: ECB President Mario Draghi

Ready to act using all instruments available: ECB President Mario Draghi

 In the latest, ECB has left the interest rates at record low. ECB President Mario Draghi expected inflation to pick up in second half of 2016. 

 

Mario Draghi, Germany draw daggers over ECB`s mega-stimulus

Mario Draghi, Germany draw daggers over ECB`s mega-stimulus

A simmering war between ECB chief Mario Draghi and Germany erupted into the open on Friday after the bank unleashed an unprecedented stock of ammunition to light a fire under chronically weak inflation. 

ECB cuts key rates, beefs up asset purchase programme

ECB cuts key rates, beefs up asset purchase programme

The European Central Bank on Thursday cut key interest rates and said it would spend tens of billions more to kickstart the chronically weak eurozone economy, sparking a sharp rally in stock markets.

ECB holds key rates unchanged amid market volatility

ECB holds key rates unchanged amid market volatility

The European Central Bank held its monetary policy steady at its first meeting of 2016 Thursday, but is expected to keep the door open for more stimulus later, in the face of recent financial market turmoil, analysts said.

ECB 'still has ammunition' to boost eurozone: Member

Financial markets may have been disappointed by the European Central Bank`s latest round of policy moves, but it still has other measures up its sleeve to boost recovery in the euro area, executive board member Yves Mersch said. 

ECB rolls out more anti-deflation artillery

The European Central Bank stepped up efforts Thursday to kickstart chronically low inflation in the euro area, cutting a key interest rate and extending its controversial asset purchase programme, but financial markets reacted with disappointment. 

ECB cuts deposit rate to (-)0.3%, primes anti-deflation guns

ECB cuts deposit rate to (-)0.3%, primes anti-deflation guns

The European Central Bank cut one of its interest rates and promised to unveil more policy measures on Thursday to fight stubbornly low inflation, testing the limits of monetary policy and hoping to bolster its credibility.

Eurozone inflation unchanged at a low 0.1% in November

Eurozone inflation unchanged at a low 0.1% in November

Central bankers of the 19-member eurozone are keen to fight falling prices.

ECB will 'do what we must' to lift inflation: Draghi

 ECB chief Mario Draghi said Friday the bank will "do what we must" to lift inflation as quickly as possible, in a new sign it could boost its anti-deflation defences.

ECB's Draghi says too early to decide on further stimulus

Risks to Europe`s inflation and growth outlook have increased due to the emerging market slowdown but the European Central Bank needs more time before deciding on further stimulus, ECB President Mario Draghi said on Wednesday.

ECB flags beefed up QE as growth, inflation outlook fades

The European Central Bank cut its growth and inflation forecasts on Thursday, warning of possible further trouble from China and paving the way for an expansion of its already massive 1 trillion-euro plus asset-buying programme.

ECB could ramp up bond purchase programme if necessary: Draghi

The European Central Bank could ramp up its contested bond purchase programme, extending it beyond September 2016 if needed, ECB president Mario Draghi said on Thursday.

ECB cuts growth, inflation forecasts for 2015-2017

The European Central Bank on Thursday cut its forecasts for both economic growth and inflation in the single currency area over the next few years.

ECB seen cutting inflation outlook, hinting at more policy action

The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying programme if growth and inflation prospects weaken further.

ECB holds rate steady as focus on inflation, China

The European Central Bank held its key interest rates steady on Thursday, a spokesman said, amid investor concern over the economic fallout from the slowdown in China.

ECB, Eurogroup give Greece breathing space after Athens vote

Eurozone ministers approved the launch of Greece bailout talks and the ECB boosted its cash lifeline to the crisis-hit country Thursday after lawmakers in Athens grudgingly passed a tough reform package demanded by creditors.

Draghi said to doubt Greek solution as Tsipras reforms awaited

The ECB is keeping shuttered Greek banks afloat with emergency liquidity capped until the weekend as leaders of the 19-nation euro zone race to find a last-minute third bailout for Athens. 

ECB's Draghi defends Greek pension, tax reforms

"The measures on the pension system have been designed to be progressive and they have been mostly applied mainly to pensions above 1,000 euros," Mario Draghi wrote in the letter dated June 30 to Notis Marias.