Home Tags Mario Draghi

Tag: Mario Draghi

Outgoing ECB president Mario Draghi.

Draghi maintains record-low interest rates across eurozone in last act as president

Base interest rates will remain at -0.5%, as Christine Lagarde takes over from Mario Draghi as ECB president.
European Central Bank (ECB) President Mario Draghi addresses the European Parliament's Economic and Monetary Affairs Committee in Brussels, Belgium November 28, 2016.

Europe just waved another red flag as new data suggests its economy is at risk of stagnating

As Mario Draghi finishes his tenure as ECB president, Europe's economy looks to be stagnating.
ECB president Mario Draghi

The European Central Bank cut rates to a surprise record low, and launched a sweeping round of stimulus

The ECB cut interest rates 10 basis points to -0.5% and will buy bonds starting in November.

Stock traders are holding tight in case the Fed ‘spoils the party’

Stock markets are mostly flat before the Fed meets. Traders may "need to buckle up tightly and prepare for a potentially wild ride," said an analyst.

Trump just attacked Mario Draghi — accusing the European Central Bank chief of manipulating the euro

Draghi pledged stimulus if conditions don't improve. The lower euro is "making it unfairly easier for them to compete against the USA," Trump tweeted.

‘The slowdown story is a complication’ — Global stocks are down after central banks warn on growth

Asian and European stocks and US futures fell on Thursday after central banks stoked growth fears and Theresa May agreed a six-month delay to Brexit.

Global stocks climb on ‘Super Wednesday’ as investors await key updates from both the Fed and ECB

US futures and European stocks rose ahead of the Brexit summit, ECB meeting and release of Fed minutes and inflation data.
ECB President Draghi

If the US is slowing down, Europe is headed for ‘an abrupt stop’

"We are now seeing a more persistent deterioration of external demand," European Central Bank President Mario Draghi said on Wednesday.
ECB president Mario Draghi.

European Central Bank leaves rates on hold in another surprise-free decision

That means a base deposit rate of -0.4%, and a quantitative easing program capped at €15 billion per month, down from €30 billion up until the end of September.
European Central Bank (ECB) President Mario Draghi testifies before the European Parliament's Economic and Monetary Affairs Committee in Brussels, Belgium, February 15, 2016.

European Central Bank holds and says rates won’t change until next summer at the soonest

The European Central Bank left its monetary policy entirely unchanged at the September meeting of its governing council on Thursday, as had been expected.