Dec 12 European Central Bank chief says economic slowdown is stabilizing By David McHugh, Associated Press ECB head Christine Lagarde said that recent economic indicators are “weak overall” but “point to some stabilizing in the slowdown of of economic growth.”… Continue reading
Sep 17 How low can we go? The prospects for negative interest rates By Kenneth Kuttner, Econofact 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. Continue reading
Sep 04 Incoming European Central Bank head defends low interest rates 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. Continue reading
Jul 25 European Central Bank joins Fed in paving way for stimulus 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. Continue reading
Jul 02 EU leaders in a deadlock over top posts 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. Continue reading
Feb 18 Latvian member of European Central Bank detained in probe 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. Continue reading
Jun 29 Column: The monetary bubble to end all bubbles is coming 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. Continue reading
Jun 24 Brexit: 4 reasons it comes as a shock By Paul Solman First, of course, are the political implications. Second, these are millions upon millions of people who were voting against their pocketbooks. The third shock is more personal: my apparent over-reliance on the prediction markets, and on economists like Justin Wolfers… Continue reading
May 20 Column: The world economy is running on monetary fumes By Benn Steil, Emma Smith Global growth is stalling, and central banks are running out of options. Continue reading
Mar 10 How do negative interest rates work anyway? By Mohamed El-Erian The European Central Bank just lowered their interest rates further into negative territory. But how do negative interest rates anyway?… Continue reading