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WHEN life gives you a chance, take it – and that is exactly what Tesla did.
FRANKFURT: The European Central Bank (ECB) has set out an ambitious timetable for its strategic review that could see a decision on whether to change its inflation goal by the summer, according to eurozone officials.
FRANKFURT: Gathered in a German mountain castle last November for an evening retreat that ended with a whiskey-tasting, rebel European Central Bank (ECB) policymakers and Christine Lagarde, their newly confirmed president, made a pact.
MILAN: Consolidation in Italy’s banking industry will probably be postponed – again.
BENGALURU: European shares retreated from recent peaks on Monday as investors paused before launching into a week packed with economic data and the European Central Bank's first policy meeting of the year. Wall Street was closed.
LONDON: The European Central Bank and Bank of Japan are among Group of Seven institutions leading the charge this week with their first interest-rate meetings of 2020, each of which may set the tone for the year ahead.
PETALING JAYA: After more than two years of decline against the US dollar, the ringgit is expected to strengthen to between RM4 and RM4.10 against the greenback this year, according to Standard Chartered.
ZURICH: Swiss National Bank (SNB) president Thomas Jordan is finding that it’s hard to get the genie of unconventional monetary policy back in the bottle once it has been let out.
Welcome 2020! For me, the past year is best remembered as one of reckoning for central banks – the relentless wave of cheap money provided set the bond markets racing higher, spreading negative yields in Europe and Japan, and prompting rate-setters, financiers and investors to pause (and even hesitate) on what to do next.
ZURICH: European Central Bank (ECB) president Christine Lagarde is attempting an endeavour possibly as daunting as reigniting inflation in the euro area: Learning German.