EghtesadOnline: Departing European Central Bank President Mario Draghi will leave a conflicting legacy after chairing his final governing council meeting on Thursday, credited with saving the euro but dividing the institution with his easy-money policy.
EghtesadOnline: The outgoing president of the European Central Bank has called on euro countries to commit to further integration in what is a controversial and divisive topic among the 19 nations.
EghtesadOnline: European Central Bank Governing Council member Ewald Nowotny said last week that the euro’s recent rise shouldn't be “over-dramatized,” a notion that economists seem to agree with.
EghtesadOnline: Mario Draghi won’t miss the opportunity to mention the euro’s recent appreciation as he prepares to reconfigure the euro area’s stimulus settings, economists say.
EghtesadOnline: European Central Bank President Mario Draghi defended free trade and post-crisis financial regulation at the U.S. Federal Reserve’s Jackson Hole symposium, while avoiding any comments on monetary-policy deliberations or the euro exchange rate.
EghtesadOnline: The world’s two most powerful central bankers on Friday delivered back-to-back warnings against dismantling tough post-crisis financial rules that the Trump administration blames for stifling U.S. growth.
EghtesadOnline: A Deutsche Bank economist has found a way to gauge how concerned Mario Draghi might be about the euro.
EghtesadOnline: As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low.
EghtesadOnline: Mario Draghi has become the latest European policy maker to tell the U.S. that it might be heading down the wrong path on trade.
EghtesadOnline: Global stocks were mixed and the dollar and euro traded sideways amid thin trading as investors weighed the latest comments from a Federal Reserve official on the path of U.S. borrowing costs and Mario Draghi’s dovish message to the European Parliament.