European Central Bank Mario Draghi

  • *Current measures may be seen as insufficient. HELSINKI, April 26- Investors may be doubting the effectiveness of the European Central Bank's monetary policy measures in boosting inflation, ECB rate-setter Olli Rehn said on Friday. Rehn, seen as a potential successor to ECB President Mario Draghi, emphasized the need to continue providing stimulus to the...

  • NEW YORK, April 18- The U.S. dollar gained to its strongest level against the euro in over a week on Thursday as data pointed to a sturdy U.S. economy, while the euro was dented by weak manufacturing activity in Europe. The picture was less bullish in the euro zone as data showed that activity in Germany's manufacturing sector shrank for a fourth straight month in...

  • The picture was less bullish in the Eurozone as data showed that activity in Germany's manufacturing sector shrank for a fourth straight month in April, while a similar survey from France also painted a bleak picture. In the space of several hours we got a timely reminder that the growth leadership is very decisively in favor of the U.S. dollar, said Richard...

  • German and Japanese PMIs ticked modestly higher from March, and from China to the United States, the hope is that spring will bring some green shoots on the economic front. Central banks in Japan, Canada and Sweden hold meetings in coming days so we may get some clues on what they are thinking. -Several ECB policymakers doubt projected growth rebound: sources- Best...

  • Growth stuttered in Germany and forward-looking indicators in its Purchasing Managers' Index suggest a contraction among manufacturers in Europe's largest economy will continue for a few more months at least. Activity in France, the bloc's second-biggest economy, only stabilized this month after contracting in March. Germany and France are the only two...

  • WASHINGTON, April 14- President Donald Trump said on Sunday that actions by the U.S. Trump's latest broadside against the central bank, delivered by Twitter and without citing any evidence, came as European Central Bank head Mario Draghi and other international officials worried that a Fed politicized by potential Trump nominees would rattle a dollar-based...

  • The question is suddenly relevant for global economic officials and central bankers after moves by President Donald Trump to put two strong partisans on the Federal Reserve board. "I'm certainly worried about central bank independence in other countries, especially... in the most important jurisdiction in the world," said European Central Bank President...

  • *U.S. hopes trade talks with China close to final round. WASHINGTON, April 13- Trade disputes and tighter financial conditions are among the top threats to a slowing world economy, global finance officials said on Saturday, urging countries to take steps to shore up growth. "Fiscal policy for example should remain flexible and growth-friendly, rebuild buffers, and...

  • WASHINGTON, April 13- Swiss monetary policy is appropriate for now, but policymakers still have room to lower already negative interest rates further or use other policies if necessary, Swiss National Bank Chairman Thomas Jordan said on Saturday. "There is no reason to change monetary policy," given the bank's dropping inflation forecasts and no risk of the...

  • WASHINGTON, April 13- Global financial officials on Saturday said risks to worldwide economic growth were "tilted to the downside" due to factors such as trade tensions, policy uncertainty and the sudden tightening of financial conditions. The higher risks are presenting themselves against a backdrop of limited policy space, historically high debt levels...

  • WASHINGTON, April 13- European Central Bank President Mario Draghi expressed concern on Saturday about the U.S. "Im certainly worried about central bank independence in other countries, especially... in the most important jurisdiction in the world," Draghi said about the United States. Governments from Turkey to India and the United States have put increasing...

  • WASHINGTON, April 13- Many of the global factors weighing on euro zone growth appear to be waning, keeping alive expectations for a recovery in the second half of the year, European Central Bank President Mario Draghi said on Saturday. But he also warned that factors that undermine confidence, including the risk of a hard Brexit and a global trade war, continue to "...

  • The ECB is ready to adjust all of its instruments 'as appropriate' after taking into account economic developments in June, Finnish Central Bank Governor Olli Rehn told CNBC.

  • WASHINGTON, April 12- An internal European Central Bank model indicates the euro zone's economic growth could slow further in the second quarter, suggesting the projected recovery may be delayed even further, two sources familiar with the discussion said on Friday. The ECB's nowcasting model, presented to policymakers at Wednesday's Governing Council...

  • Poul Thomsen, director of the IMF's European Department, holds a press conference during the IMF - World Bank Spring Meetings at International Monetary Fund Headquarters in Washington, DC, April 12, 2019.

    The International Monetary Fund (IMF) says it was surprised by the recent slowdown in the euro zone but expects growth to pick up again.

  • *U.S. jobless claims hit over 49- year lows, PPI heats up. NEW YORK, April 11- The dollar strengthened against a basket of currencies on Thursday on encouraging U.S. inflation and labor data, while sterling weakened after the European Union allowed Britain to postpone its exit from the bloc for a second time. The euro remained under pressure a day after European...

  • WASHINGTON/ FRANKFURT, April 11- European Central Bank policymakers are increasingly leaning towards rewarding banks for lending to households and businesses but are mostly sceptical about giving lenders a reprieve from a charge on their idle cash, four sources told Reuters. The sources said rate-setters, who met in Frankfurt on Wednesday, were now open to...

  • WASHINGTON/ FRANKFURT, April 11- European Central Bank policymakers are increasingly leaning towards rewarding banks for lending to households and businesses but are mostly sceptical about giving lenders a reprieve from a charge on their idle cash, four sources told Reuters. The sources said rate-setters, who met in Frankfurt on Wednesday, were now open to...

  • NEW YORK, April 11- The U.S. dollar rose on strong producer price and jobless-claims data on Thursday while sterling was weaker after news of a Brexit delay and the euro dinged by Wednesday's European Central Bank statement. The Fed on Wednesday released the minutes from its March 19-20 meeting, at which policymakers signaled they would not raise rates in 2019..

  • LONDON, April 11- The dollar and euro were little changed on Thursday after the Federal Reserve and the European Central Bank hinted they were willing to leave interest rates alone amid trade tensions and signs of flagging growth. Sterling traded flat after European Union leaders extended the deadline for Britain to leave the EU, suggesting fears remain about...