by Ferdinando Giugliano | Sep 11, 2017 | Opinion
The European Central Bank has spent much of this decade convincing markets that the euro is irreversible. It is therefore mildly ironic that policy makers in Frankfurt may be in trouble because of the sudden return of confidence in the single currency. Investors...
by Daniel Moss | Jul 19, 2017 | Opinion
The European Central Bank is wrestling with how to exit the super-accommodative policy that’s dominated Mario Draghi’s tenure as president. In trying to determine the path of this off-ramp, it might be instructive to look backward. To December of last...
by Asharq Al-Awsat English | Jun 8, 2017 | Business
US shares rose modestly and European stocks were little changed on Thursday as investors digested testimony from former FBI Director James Comey before a Senate panel, while the euro fell after the European Central Bank kept interest rates on hold and oil prices...
by Ferdinando Giugliano | Jun 5, 2017 | Opinion
Talk to critics of the European Central Bank’s ultra-loose monetary policy and a common theme emerges: concern about financial stability. Quantitative easing is seen as creating dangerous asset bubbles. Negative interest rates are said to hurt bank profitability,...
by Asharq Al-Awsat | Mar 10, 2017 | Business
Frankfurt – The European Central Bank (ECB) maintained its monetary policy unchanged and offered no indication that it is ready to pull back on its stimulus program. It decided to keep interest rates at the same level amidst drop of inflation and slowdown of...