Edition:
India

Balazs Koranyi

ECB eyes more bond buys, cheap loans in December as pandemic hits

29 Oct 2020

FRANKFURT The European Central Bank committed on Thursday to take new action in December to contain the growing fallout from a second wave of coronavirus infections, likely in the form of more bond purchases or cheap credit for banks. | Video

ECB to pave way for more stimulus as recession fears grow

29 Oct 2020

FRANKFURT The European Central Bank is expected to resist pressure to unveil fresh stimulus measures on Thursday but it will likely pave the way for action in December as fresh restrictions aimed at containing the coronavirus pandemic fuel fears over a new recession.

From climate change to equality, Lagarde turns ECB more political

26 Oct 2020

FRANKFURT Since taking the helm a year ago, Christine Lagarde has turned the European Central Bank's attention to social issues like climate change and inequality, broadening its horizons but also opening it to attacks that could test its independence.

ECB could live with some inflation overshoot to help employment - Olli Rehn

16 Oct 2020

FRANKFURT The European Central Bank should follow the U.S. Federal Reserve in putting more emphasis on welfare when it's setting policy, even if that would mean inflation exceeded its target temporarily, ECB Governing Council member Olli Rehn said.

Exclusive: ECB policymakers wary of following Fed's route on inflation target, sources say

12 Oct 2020

FRANKFURT There is reluctance among European Central Bank policymakers to follow the U.S. Federal Reserve's move to target an average inflation rate, fearing this could tie their hands, sources involved in a revamp of ECB policy told Reuters.

Global central bankers say fiscal aid crucial in new phase of pandemic battle

07 Oct 2020

Top U.S. and European central bankers on Tuesday called for renewed government spending to support families and businesses as the battle against the coronavirus-triggered recession enters a newly critical phase.

ECB's Lagarde sets scene for Fed-like strategy overhaul

30 Sep 2020

FRANKFURT European Central Bank President Christine Lagarde set the scene on Wednesday for a change of strategy that could align the ECB with the U.S. Federal Reserve, possibly including a commitment to let inflation overshoot after it has been low for too long.

World News