European Central Bank President Mario Draghi signals the bank could soon cut interest rates or expand its giant bond-buying program
SINTRA, Portugal—European Central Bank President Mario Draghi signaled Tuesday that the bank could cut interest rates or expand its giant bond-buying program as soon as its next policy meeting in July, sending stocks higher and the euro lower against the dollar.
The comments, delivered at the ECB’s annual research conference outside Portugal’s capital, represent a clear statement of intent from Mr. Draghi, who is wrestling with the fallout from international trade tensions on Europe’s critical manufacturing sector and stubbornly...
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
ECB should show flexibility on inflation target: NowotnyThe European Central Bank could set itself a more flexible inflation target give...
Weiterlesen »
ECB will ease policy if inflation doesn't pick up: DraghiThe European Central Bank will ease policy again if inflation does not head back...
Weiterlesen »
How Watching Unemployment May Prove A More Robust Recession Tracker Than The Yield CurveThe yield curve gets a great deal of attention as a recession signal, but the unemployment rate may be the more robust metric to keep an eye on.
Weiterlesen »
Corporate Bonds Give Reassuring Signals Amid Market JittersSolid demand for U.S. corporate bonds is signaling a reasonable amount of optimism from a group of investors known for their caution—a development that is helping ease worries about an economic slowdown.
Weiterlesen »
Goldman skeptical of 'insurance' U.S. rate cuts from FedGoldman Sachs economists said on Sunday they are skeptical of 'insurance&qu...
Weiterlesen »
The Fed would be making a mistake by cutting rates this year, PNC strategist saysInvestors are holding out hope that Fed Chair Jerome Powell lays the groundwork for a rate cut as soon as July. Even just one this year would be a mistake, says Amanda Agati, co-chief investment strategist at PNC Financial.
Weiterlesen »