Monthly Archives: November 2014

//November

Draghi throws ECB door open to money printing as global prospects dim

European Central Bank President Mario Draghi threw the door wide open on Friday for more drastic measures to prevent the euro zone from sliding into deflation, promising to use whatever means necessary as China also acted to boost its sagging economic growth. With many fearing the euro zone could be heading for a Japanese-style [...]

By |2017-07-18T14:36:57+00:00November 21st, 2014|News|Comments Off on Draghi throws ECB door open to money printing as global prospects dim

ECB promises more action to boost economy if needed

The president of the European Central Bank (ECB), Mario Draghi, says the bank stands ready to give the eurozone further economic stimulus "should it become necessary". The comments boosted shares in Europe. It also prompted a fall for the euro, with analysts increasingly braced for more dramatic stimulus measures. The bank began an asset purchase programme [...]

By |2017-07-18T14:37:19+00:00November 6th, 2014|News|Comments Off on ECB promises more action to boost economy if needed