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By Allison Bennett, Bloomberg |
December 7, 2012
The dollar strengthened against the euro as U.S. employers added more jobs than forecast last month and the unemployment rate dropped to an almost four-year low.
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By Jana Randow and Jeff Black, Bloomberg |
December 7, 2012
A majority of European Central Bank policy makers were open to cutting the benchmark rate yesterday and there is a possibility of a reduction early next year if the economy doesn’t pick up.
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By Matthew Brockett, Bloomberg |
December 6, 2012
The European Central Bank cut its economic and inflation forecasts and President Mario Draghi said weakness will persist into next year, leaving the door ajar for further interest-rate cuts.
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By Jeff Black and Jana Randow, Bloomberg |
November 8, 2012
European Central Bank President Mario Draghi said the economic outlook is worsening and the bank stands ready to activate its bond-purchase program if governments fulfil the necessary conditions.
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By Jim Brunsden and Rebecca Christie, Bloomberg |
September 6, 2012
E.U. financial supervision proposals will call for the ECB to oversee all Euro-area banks to prevent lenders from pitting one regulator against another.
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By Allison Bennett and Inyoung Hwang, Bloomberg |
September 5, 2012
The euro and Spanish 10-year debt advanced on the European Central Bank’s plan to buy bonds, while most U.S. stocks fell as FedEx Corp. cut its profit forecast and reports showed economies were slowing more than anticipated.
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September 4, 2012
European Central Bank President Mario Draghi said the bank’s primary mandate compels it to intervene in bond markets to wrest back control of interest rates and ensure the euro’s survival.
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By Susanne Walker, Bloomberg |
August 20, 2012
Treasury 30-year bonds gained after the European Central Bank said it hasn’t discussed any plan to target bond yields of euro-bloc members, reinforcing concern leaders will fail to curb the region’s debt crisis.
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By Jeff Black and Jana Randow, Bloomberg |
August 2, 2012
European Central Bank President Mario Draghi signaled the ECB intends to join forces with governments to buy bonds in sufficient quantities to ease the region’s debt crisis, while conceding that Germany’s Bundesbank has reservations about the plan.
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By Joshua Zumbrun and Jeff Kearns, Bloomberg |
June 7, 2012
Federal Reserve Chairman Ben S. Bernanke said the economy is at risk from Europe’s debt crisis and the prospect of fiscal tightening in the U.S., while refraining from discussing steps the central bank might take to protect the expansion.
