EghtesadOnline: German Chancellor Angela Merkel suggested on Saturday that the euro was too low for Germany but made clear that Berlin had no power to address this "problem" because monetary policy was set by the independent European Central Bank.
EghtesadOnline: The euro's exchange rate is too low for Germany and the European Central Bank's expansive monetary policy has boosted the German economy's export surplus, Finance Minister Wolfgang Schaeuble said in a newspaper interview.
EghtesadOnline: European Central Bank President Mario Draghi Thursday announced the institution’s monetary policy would remain unchanged and asked for more patience as the economic recovery continues.
EghtesadOnline: Rating agency Standard and Poor's said it did not expect the European Central Bank to switch away from its supportive monetary policy before 2018, despite signs that inflation pressures are beginning to return.
EghtesadOnline: A sharp rebound in euro zone inflation and a better-than-expected business outlook are certain to fire up demands from some hardliners for the European Central Bank to choke off it ultra-generous monetary policy.
EghtesadOnline: The most prominent hawk on the European Central Bank's board defended the bank's ultra-loose monetary policy on Monday, but added that she was skeptical of further interest rate cuts or other forms of easing.