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Mario Draghi

A collection of news and information related to Mario Draghi published by this site and its partners.

Top Mario Draghi Articles

Displaying items 23-33
  • IMF urges ECB to take further steps to fight deflation risk: source

    (Reuters) - The International Monetary Fund will urge the European Central Bank to increase efforts to ward off the risk of deflation with steps including programs to purchase government bonds, according to a person who has seen the recommendation. The...
  • New ECB long-term loans not likely to revive euro zone lending

    By Rahul Karunakar BANGALORE (Reuters) - The European Central Bank's latest offers for long-term cash won't revive lending in the region despite expectations for strong demand, a Reuters poll showed on Tuesday. ECB President Mario Draghi announced...
  • ECB's Coeure says no need for QE now as euro zone not in deflation

    By Marja Novak DUBROVNIK Croatia (Reuters) - There is no need for the European Central Bank to launch large-scale asset purchases for now because the euro zone is not in deflation, one of its top policymakers said on Friday. Speaking to reporters on the...
  • ECB's Weidmann says asset purchases 'sweet poison' for governments

    DUBROVNIK Croatia (Reuters) - Bundesbank President Jens Weidmann emphasized his opposition to government bond purchases by the European Central Bank on Thursday, calling them "sweet poison for governments" that undermine the central bank's ability to do...
  • Germany's Schaeuble says monetary policy cannot replace reforms

    FRANKFURT (Reuters) - German Finance Minister Wolfgang Schaeuble said on Tuesday that monetary policy cannot replace structural reforms, echoing similar comments from European Central Bank President Mario Draghi. Speaking at a banking conference in...
  • ECB's long-term loans to see strong demand, won't boost interbank lending: poll

    BANGALORE (Reuters) - Demand for the European Central Bank's newly announced long-term loans will be strong, traders polled by Reuters said, but they will do little to boost interbank lending. ECB President Mario Draghi last week announced a slew of...
  • In historic step, ECB pushes bank deposit interest rate below zero

    In historic step, ECB pushes bank deposit interest rate below zero
    In a bid to spur growth and avert the dangerous threat of deflation bedeviling the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below...
  • Deflation-wary European Central Bank cuts deposit rate to below zero

    In a bid to spur growth and avert the dangerous threat of deflation in the sluggish Eurozone economy, the European Central Bank cut its benchmark interest rate to a record low and took the unprecedented step of lowering the bank deposit rate below zero....
  • Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats

    Obama to nominate Stanley Fischer, 2 others to Federal Reserve seats
    WASHINGTON -- President Obama will nominate Stanley Fischer, the former head of the Bank of Israel, to be vice chair of the Federal Reserve, and also tapped two other people for seats on the central bank's Board of Governors, the White House said Friday....
  • European Central Bank chief swears to 'preserve the euro,' Dow soars

    European Central Bank chief swears to 'preserve the euro,' Dow soars
    Mario Draghi, president of the European Central Bank, pledged Thursday that the institution “is ready to do whatever it takes to preserve the euro,” sending financial markets soaring around the world. The Dow jumped more than 250 points in...
  • Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%

    Economy adds 169,000 jobs in August; unemployment rate eases to 7.3%
    WASHINGTON -- The economy added 169,000 net new jobs last month and the unemployment rate ticked down to a near post-Great Recession low of 7.3%, its lowest level since the end of 2008, the Labor Department said Friday. The job growth in August was...