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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 34-44
  • European stock index reaches 6-year high; Italian, Spanish bonds rise

    European stock index reaches 6-year high; Italian, Spanish bonds rise
    While U.S. and British markets were closed for holidays Monday, stocks rose in Europe. A benchmark of European equities climbed to a six-year high, while Italian and Spanish bonds advanced as policymakers said they would take steps to support economic...
  • Senate committee confirms Stanley Fischer, two other Fed nominees

    Senate committee confirms Stanley Fischer, two other Fed nominees
    The Senate Banking Committee confirmed the nomination of Stanley Fischer, the former president of the Bank of Israel, for the Federal Reserve's No. 2 job and also approved two other nominees to fill seats on the central bank's short-handed board....
  • 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....
  • Cutting taxes on wealthy fails for the rest of us

    Cutting taxes on wealthy fails for the rest of us
    The world's leading central bankers recently attended a symposium in Jackson Hole, Wyo. Some European economists have finally learned their lesson as Europe sinks into another economic downturn. Mario Draghi, the European Central Bank president, urged...
  • ECB surprises markets with rate cut, asset purchases

    The European Central Bank, in a surprise move Thursday, cut its main interest rate to rock bottom and said it would buy certain securities and bonds in a bid to stimulate growth and combat increasing risks of deflation. In addition to lowering its key...
  • Shades of France

    Shades of France's notorious Third Republic! The latest French government has been summarily dismissed after only six painful months. It was certainly time for a change. President François Hollande's poll ratings have plumbed new depths at 17 percent,...
  • S&P 500 climbs past 2,000 for first time, then falls back

    S&P 500 climbs past 2,000 for first time, then falls back
    The stock market hit a new milestone Monday. Standard & Poor's 500 index rose above 2,000 for the first time as stocks climbed after news of corporate combinations and signals from central banks that easy-money policies won’t soon end. On...
  • European Central Bank cuts key interest rate to fight recession

    European Central Bank cuts key interest rate to fight recession
    WASHINGTON -- The European Central Bank on Thursday lowered its key interest rate to a record low level in an effort to spur economic growth in the recession-plagued Eurozone. The central bank's policymakers lowered its main refinancing rate by 0.25...
  • Russia's Putin beats Obama for top spot in Forbes' most powerful

    Russian President Vladimir Putin is the most powerful person in the world, outflanking President Obama, whose authority was damaged by the recent government shutdown and budget crisis, Forbes magazine reported Wednesday in its annual rankings of global...
  • 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...
  • ECB President Mario Draghi 'very cautious' on Eurozone revival

    ST. PETERSBURG, Russia — Even as European Union leaders at the G-20 summit here crowed about a reviving Eurozone, the head of the European Central Bank said he didn't share their optimism. In somber remarks, ECB President Mario Draghi said he...