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Frankfurt: The European Central Bank’s (ECB) next German policy maker will bring with her an extensive portfolio of research into how financial systems throughout history have coped with war, bubbles and hyperinflation.
SYDNEY: Major currencies started the week in a quiet mood with a holiday in Tokyo making for thin trading conditions and investors waiting to hear the first official speech from the new head of the European Central Bank later in the session.
WASHINGTON/FRANKFURT/TOKYO: Easing come. Easing go. A concentrated burst of interest rate cutting and other measures to loosen global financial conditions by the world's central bankers looks to have largely run its course
ZURICH: Christine Lagarde is about to get a harsh snapshot of the challenges that face her when she takes up the European Central Bank presidency this week.
IT LOOKS like the world has taken Halloween very seriously this time: On one side, we have Boris Johnson, and his desperate attempts to get ratified the already agreed with the European Union deal, whereas on the other side the world is being stormed by a series of demonstrations and protests all over the world.
Officials are at odds over a giant new dose of stimulus, handing a challenge to successor Christine Lagarde
WASHINGTON: The world’s most powerful policymakers are struggling to alleviate the pain of a slowing global economy with few levers left to pull and growing concern that one of them, negative interest rates, already is creating problems of its own.
BRUSSELS (Reuters) - European Union leaders confirmed on Friday the appointment of Christine Lagarde as the new chief of the European Central Bank, replacing Mario Draghi from November 1.
WITH many countries facing limitations in monetary easing policies, eyes are turned to large fiscal or government spending to help stimulate rapidly slowing economies.
NEW YORK: World equity benchmarks hit their lowest levels in a month on Wednesday as signs of a slowdown in U.S. economic growth and weak earnings in Europe fanned fears that the U.S.-China trade war could push the global economy into a recession