Result Page 59 for European central bank news & latest pictures from ibtimes.com

Fed can promise low rates, low inflation: Kohn

U.S. Federal Reserve Vice Chairman Donald Kohn said on Saturday there is no inconsistency between the Fed's pledge to keep interest rates low for an extended period while also keeping inflation low.

ECB holds rates at 1 percent, sees downturn slowing

The European Central Bank kept interest rates on hold at a record low on Thursday and said the euro zone economy would remain weak over the rest of the year, although the rate of contraction is slowing down.

ECB holds rates at 1%, seen in wait-and-see mode

The European Central Bank kept interest rates on hold at a record low on Thursday as it waits to see the impact of efforts so far to revive the economy and credit flows.

ECB seen holding rates, in wait-and-see mode

The European Central Bank is expected to keep interest rates on hold at a record low on Thursday as it waits to see the impact of efforts so far to revive the economy and credit flows.

More news

Recovery frail but stimulus exit must be timely

Unprecedented attempts to stimulate economic growth may fail to bring a sustained recovery, yet withdrawing them too late could be even more risky, leading central bankers said on Monday.Regional currencies would gain in importance, they also said after two days of talks. But the U.S. dollar still had no serious rival in playing a lead role in foreign reserves and trade settlement, according to th...

FSB's Draghi says not time to pause on regulation

Policymakers should continue pushing to make financial markets more resilient as they still showed signs of fragility, Financial Stability Board Chairman Mario Draghi said on Saturday.

ECB's Hurley to step down on Sept 25

John Hurley, the governor of Ireland's central bank and a member of the European Central Bank's Governing Council, will retire from the positions on September 25, his spokesman said on Saturday.

Iran tensions add to global risk: ECB's Trichet

Tensions in Iran have added to risks facing the world economy and underline the need for strengthening the global financial system, European Central Bank President Jean-Claude Trichet said on Sunday.

ECB's Trichet says no room for more debt

There is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet said on Sunday.

Britain gives way on EU financial plan

A deal reached by European Union leaders broke a deadlock on bank supervision reform on Friday, overcoming British reservations, but leaving much detail still be worked out in practice.

ECB sees further pain for financial sector

Lower interest rates might not help the euro zone economy despite the impact of further pain for the financial sector, European Central Bank Governing Council member Yves Mersch was quoted on Wednesday as saying.

ECB holds rates at 1 percent, to detail bond plan

The European Central Bank kept its interest rates on hold on Thursday, and markets are turning their attention to the details of its covered bond purchase plan and any clues on whether rates may yet be cut further.

EU to tighten financial supervision to fight crisis

The European Union proposed on Wednesday creating regulatory bodies to oversee financial supervision across national borders in a shake-up to protect investors and prevent another global credit crunch.

Central banks may need more power for financial stability

Central banks might need more power to oversee banks if they are to play a larger role in maintaining financial stability in the post-crisis world, a Bank for International Settlements report said on Sunday.

EU output contracts 2x projections

The European Central Bank (ECB) said Thursday the recession in the EU member states would be twice as bad as it projected.

ECB cuts main interest rate to 1% to boost economy

The European Central Bank (ECB) Thursday cut its main interest rate by 25 basis points to 1% and is likely to unveil more measures to boost the economy of the euro area.

ECB trims rates, edges into QE with bank bond buy

The European Central Bank said it will buy up bonds for the first time and trimmed its main interest rate to a record low on Thursday in a bid to stem the euro zone's economic decline and shore up shaky markets.

Euro Buoyed by ECB

The greenback was mixed on the Thursday session, initially sharply lower against the euro before recovering by afternoon trading.

ECB trims rates, edges to QE with bank bonds buy

The European Central Bank cut its main interest rate to a new record low on Thursday, and will buy up bonds for the first time in a bid to stem the euro zone's economic decline and shore up shaky markets.

ECB trims rates, unveils new steps to boost economy

The European Central Bank cut its main interest rate on Thursday and announced a three-pronged drive of unconventional steps to drive down borrowing costs and get the euro zone economy back on its feet.

ECB trims rates, to announce any alternative steps

The European Central Bank cut its main interest rate on Thursday to 1.0 percent, and financial markets are now focused on any alternative policy measures the ECB reveals to get the euro zone economy back on its feet.

Further ECB rate cut would be by 25 bps: Trichet

European Central Bank President Jean-Claude Trichet on Sunday signaled the bank's likely next move, saying it could cut its headline interest rate but only by an additional 25 basis points.

Trichet: Further ECB rate cut would be measured 25 bps

The European Central Bank can further reduce its headline interest rate, but any cut is likely to be a measured 25 basis point cut, the bank's President Jean-Claude Trichet was quoted as saying on Sunday.

Trichet says further ECB rate cut would be measured 25 bps

Asia stocks push towards 6-month highs

Asian shares rose on Friday, with South Korean stocks hitting a 6-month high after the country averted recession in the first quarter, as a Wall Street rally boosted risk demand around the region and dented the yen.

ECB's Stark raps move to boost IMF drawing rights

European Central Bank Executive Board member Juergen Stark on Tuesday criticized the decision made at the G20 summit to boost the IMF's Special Drawing Rights as ill thought through and potentially inflationary.