Balazs Koranyi

Draghi ties Lagarde's hands with promise of indefinite stimulus

12 Sep 2019

FRANKFURT European Central Bank chief Mario Draghi pledged indefinite stimulus on Thursday to revive an ailing euro zone economy, tying the hands of his successor for years to come and sparking an immediate conflict with U.S. President Donald Trump. | Video

ECB to turn stimulus taps back on to prop up ailing economy

12 Sep 2019

FRANKFURT The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.

ECB projections to show future growth barely above 1%- sources

11 Sep 2019

FRANKFURT, Sept 11 The European Central Bank will cut some of its growth forecasts at its meeting on Thursday and its projections will also show only a modest rise in underlying and headline inflation in the coming years, two sources familiar with the matter said.

In a fracturing world, central banks still stuck together

11 Sep 2019

WASHINGTON/TOKYO/FRANKFURT The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.

Draghi's dilemma: Go big, but how big?

06 Sep 2019

FRANKFURT European Central Bank President Mario Draghi - often credited with single-handedly saving the euro during the worst of its crisis - is expected to perform more magic next week in his penultimate meeting in charge.

Lagarde clears key hurdle in becoming next ECB chief

04 Sep 2019

FRANKFURT/BRUSSELS Christine Lagarde took a major step towards becoming the European Central Bank's next president on Wednesday, securing the backing of a European Parliament committee after pledging to keep policy loose while undertaking a broader strategy review.

Exclusive: ECB package could include rate cut, tiering, new guidance - sources

03 Sep 2019

FRANKFURT ECB policymakers are leaning towards a stimulus package that includes a rate cut, a beefed-up pledge to keep rates low for longer and compensation for banks over the side-effects of negative rates, five sources familiar with the discussion said.

ECB eyes stimulus package as growth looks weaker: minutes

22 Aug 2019

FRANKFURT European Central Bank policymakers are concerned that growth is even weaker than earlier thought and a package of measures may be the best way to combat the slowdown, the accounts of the July 25 meeting showed on Thursday.

ECB eyes stimulus package as growth looks weaker: minutes

22 Aug 2019

FRANKFURT A combination of measures may be needed to prop up the euro zone economy, as recent indicators paint an even bleaker picture of the outlook, European Central Bank policymakers said at their July meeting, the accounts of the meeting showed on Thursday.

Draghi's parting gift to tie Lagarde's hands

13 Aug 2019

FRANKFURT The European Central Bank's imminent stimulus package is unlikely to cut record low borrowing costs much further but will tie its new president's hands for much of the next year, giving her little leeway to act while the economy ails.

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