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European Central Bank

ECB set to promise even longer support to charge inflation
World

ECB set to promise even longer support to charge inflation

  • Among its conclusions, it said longer periods of ultra-low inflation such as the current one require "especially forceful or persistent" support -- an ambiguous formulation that is proving difficult to convert into actual policy.
Published 22 Jul, 2021 01:56pm
US MIDDAY: Gold jumps
Markets

US MIDDAY: Gold jumps

NEW YORK: Gold jumped on Wednesday after US Federal Reserve Chair Jerome Powell reassured investors that the central...
Published 15 Jul, 2021 04:03am
European stocks sink
Markets

European stocks sink

AMSTERDAM/LONDON: European stocks sank on Thursday, posting their worst session in two months with all sectors in ...
Published 09 Jul, 2021 04:25am
European shares up
Markets

European shares up

AMSTERDAM/LONDON: European shares rose for an eighth straight session on Tuesday, driven by optimism over an ...
Published 16 Jun, 2021 03:39am
ECB's Schnabel wants bond-buying green tilt
Markets

ECB's Schnabel wants bond-buying green tilt

  • Central bankers in the euro zone and around the world are debating what their role should be in the fight against climate change.
  • "Another possibility would be to pursue a more sophisticated 'tilting strategy' under which the ECB could adjust its monetary policy operations more gradually in line with sustainability considerations," Schnabel said.
Published 14 Jun, 2021 07:26pm
British shares lower
Markets

British shares lower

LONDON: British shares ended lower on Thursday after broadly underperforming their European peers, dragged down by...
Published 10 Jun, 2021 03:22am
European shares up
Markets

European shares up

AMSTERDAM/LONDON: European stocks remained near record highs on Wednesday, with investors holding off on taking big...
Published 10 Jun, 2021 03:22am