

Economy Jun 18

The European Central Bank has handed out more than a trillion euros in cheap loans to banks as part of its effort to get the economy through the virus outbreak.
By David McHugh, Associated Press
World Mar 12

ECB President Christine Lagarde said the economy was facing a “major shock” and that the central bank measures unveiled Thursday were “almost surgically” targeted at areas where monetary policy could help.
By David McHugh, Associated Press
World Dec 12

ECB head Christine Lagarde said that recent economic indicators are “weak overall” but “point to some stabilizing in the slowdown of of economic growth.”…
By David McHugh, Associated Press
Making Sen$e Sep 17

There is increasing speculation regarding whether the Federal Reserve might set a negative target for the federal funds rate should the economy enter a recession.
By Kenneth Kuttner, Econofact
Sep 04

By David McHugh, Associated Press
During hearings in the European parliament Wednesday, Lagarde said the job requires both a commitment to the basic mandate to keep prices stable and the "agility" to come up with new ways to meet unforeseen trouble.
Jul 25

By David McHugh, Associated Press
The ECB's rate-setting board left its key interest benchmarks unchanged at a policy meeting Thursday but said it could cut them as its next move.
Jul 02

By Lorne Cook, Raf Casert, Associated Press
The leaders are looking to name a new president of the EU's powerful executive arm, the European Commission, a president of the European Council and a foreign policy chief.
Feb 18

By Carlo Piovano, Associated Press
Latvia's top banking official and key member of the European Central Bank was detained Sunday amid accusations of bribery and money laundering in the nation's financial system.
Jun 29

By Terry Burnham
The world’s central banks are likely to vastly increase their money creation, resulting in the biggest monetary bubble ever, with perhaps $100 trillion more new money on its way into the global economy, predicts economist Terry Burnham.
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