Update: European Central Bank cuts growth forecasts

Business 03/07/19, 08:45

The Latest on the European Central Bank's monetary policy meeting (all times local):2:45 p.m.The European Central Bank has slashed its forecast for economic growth and inflation in the 19-country eurozone.It now expects growth of 1.1 percent this year, down sharply ...

European Central Bank offers help to weakening economy

Europe 03/07/19, 07:54

The European Central Bank is taking steps to support a weakening economy, pushing back the earliest date of interest rate increases and announcing a new round of cheap loans to banks.The ECB said Thursday after its regular policy meeting that ...

European banking chief: euro needs a central budget

Europe 11/26/18, 10:10

European Central Bank head Mario Draghi is renewing his pleas to fix flaws in the 19-country euro currency, urging European leaders to adopt a central spending capacity to buffer individual governments against financial crises.European Central Bank President Mario Draghi speeches ...

European Central Bank sticks to plan to end stimulus

Europe 10/25/18, 07:56

The European Central Bank said Thursday it is staying on course to wrap up its 2.5 trillion euro ($2.85 trillion) stimulus program at the end of the year, even as risks from trade protectionism, Italian populist policies, and Brexit loom ...

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