Search Results for: Mario Draghi
Europe Admits QE Has Failed, Promises More Of It
October 23rd, 2015
New Age monetary policy has begun to resemble the form of insanity in which a patient repeats the same behavior while expecting a different outcome. Throughout the developed world, interest rates are at record lows and central banks continue ...
Oil prices climb on upbeat economic data, ECB stimulus moves
October 23rd, 2015
Oil prices extended gains into a second day in Asian trade on Friday, finding support from brighter economic data and a global stock market rally after the European Central Bank signaled its willingness to launch more stimulus measures. Brent ...
Asian shares get a fillip from ECB stimulus hopes
October 23rd, 2015
Asian share markets advanced on Friday, tracking offshore gains following hints of new stimulus from the European Central Bank (ECB). ECB President Mario Draghi signaled on Thursday that the central bank is prepared to undertake another large stimulus package to tackle the lackluster ...
U.S. Stocks Steady, Despite Pressure From Lower Oil Prices
October 20th, 2015
Energy shares tumble on concerns about higher production in Iran, China’s economy U.S. stocks edged higher Monday, though a slump in energy shares kept a lid on the gains. The Dow Jones Industrial Average inched up 14.57 points, or ...
From Volkswagen to China: What Might Derail Germany’s Growth
October 5th, 2015
German economy seen expanding 1.9% in 2015 and 2% in 2016 Focus on domestic demand amid vulnerable export outlook Europe’s economic powerhouse is facing a test of might. Germany’s trademark industrial prowess has been called into question by Volkswagen AG’s ...
Pimco Joins BlackRock Bond Manager Predicting ECB Will Expand QE
September 25th, 2015
Pimco sees increase in amount or duration of ECB buying BlackRock’s Krautzberger says ECB may `intensify’ purchases Europe’s biggest bond funds are queuing up to predict that the European Central Bank will augment its economic stimulus efforts. Money managers from BlackRock Inc. ...
Morgan Stanley: Central Banks Are Playing a Game of Chess That Results in an Endless Cycle of Easing
September 2nd, 2015
The struggle for inflation is real and strategic After the European Central Bank decided to initiate an asset purchasing program, President Mario Draghi reportedly elected to unwind with a game of chess on his iPad during the plane ride back to ...
ECB’s economist says bank will act to combat China, oil impact on inflation target
August 26th, 2015
The risk has increased that the European Central Bank won’t get inflation back up to where it wants, the bank’s chief economist said on Wednesday, pledging to beef up its anti-deflation asset-buying programme if necessary. Peter Praet, who is ...
Eurozone debt crisis: why the Greece deal will work
July 27th, 2015
The deal between Brussels and Athens is actually a good one for both sides Now that Greek banks have reopened and the government has made scheduled payments to the European Central Bank and the International Monetary Fund, does Greece’s ...
ECB Raises Emergency Lending to Greek Banks by $984 Million
July 23rd, 2015
Decision comes two days after a Greek bond redemption averted a default The European Central Bank on Wednesday raised the ceiling on emergency lending to Greek banks by €900 million ($980 million), a person familiar with the matter said, ...
