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Stocks End Off Lows; S&P 500 and Nasdaq Log Worst Week in 2013

Mario Draghi

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  • Audacious BOJ Policy Sends Dollar, Euro Soaring Thursday, 4 Apr 2013 | 4:34 PM ET

    The dollar and euro made their largest percentage gains against the yen since late 2008 after the Bank of Japan surprised the markets with an ambitious plan to fight deflation in a radical overhaul of policy.

  • Draghi: The Buck Does Not Stop With ECB Thursday, 4 Apr 2013 | 12:06 PM ET
    Mario Draghi, President of the European Central Bank

    European Central Bank President Mario Draghi said the central bank would keep monetary policy accommodative "for as long as needed".

  • Will Cyprus Force Draghi to Finally Cut Rates? Wednesday, 3 Apr 2013 | 11:08 AM ET
    Mario Draghi, President of the European Central Bank

    Cyprus's troubles offer Mario Draghi an "excellent justification" to cut interest rates at Thursday's European Central Bank meeting, according to a research note by Dutch bank ING.

  • G-7 Fires Warning Shot Over Currencies Tuesday, 12 Feb 2013 | 11:33 AM ET
    A trader reacts as he monitors the foreign exchange and stocks index, Tokyo.

    Monetary policies must not be directed at devaluing currencies, the Group of Seven nations said in a statement aimed at cooling growing international tensions over exchange rates and prompting yen to surge.

  • Banks Pay Back More Cheap Loans to ECB Friday, 8 Feb 2013 | 6:28 AM ET

    Banks will pay back 4.993 billion euros next week of the 3-year loans they took from the European Central Bank a year ago, bringing the total payback of the first 489 billion in loans to 146 billion.

  • Europe's Economy Still Weak: ECB's Draghi Thursday, 7 Feb 2013 | 9:09 AM ET

    Economic activity in the euro area will remain weak in early 2013 before gradually recovering later in the year, European Central Bank (ECB) President Mario Draghi said on Thursday.

  • Euro Zone Rescuer Draghi Faces Daunting 2013 Tuesday, 18 Dec 2012 | 9:55 AM ET

    With two short sentences, the head of the European Central Bank took the heat out of the euro zone crisis this year. In 2013 Mario Draghi has to live up to even bigger expectations.