WASHINGTON, Oct 8 - Top U.S. and European central bank officials shared increasing alarm over worsening economic and credit conditions with one another over the weekend in conversations that culminated in an unprecedented decision to...
LONDON, Aug 7 - The European Central Bank confirmed on Friday that a new five-year Central Bank Gold Agreement had been signed to replace the existing pact, which expires in late September. For a story,...
WASHINGTON, April 24 - The European Central Bank and France voiced skepticism over International Monetary Fund estimates showing European banks would need to write down $750 billion through 2010 in bad loans and securities. "We...
April 2 - The European Central Bank cut interest rates by 25 basis points on Thursday to a new all-time low of 1.25 percent. Following is a chronology of the ECB's interest rate moves since...
April 2 - The European Central Bank is expected to cut interest rates by 50 basis points on Thursday to a new all-time low of 1.0 percent. Following is a chronology of the ECB's interest...
March 5 - The European Central Bank cut its benchmark interest rate by 50 basis points to 1.5 percent on Thursday, adding to the 225 basis points of cuts since October. Following is a chronology...
FRANKFURT, Oct 28 - Banks in the euro zone continued to tighten credit standards in the third quarter due to weak economic outlook, but less than they did in the previous quarter, the European Central...
SINGAPORE, Oct 26 - European Central Bank Governing Council member Christian Noyer warned on Monday that banks are taking risks that are reminiscent of the behaviour that caused the financial crisis. His comments came as...
FRANKFURT, Oct 22 - It is unlikely that the euro zone would fall back into recession soon after exiting it, European Central Bank Governing Council member Axel Weber said on Thursday. He also said there...
LUXEMBOURG, Oct 19 - Euro zone finance ministers were to discuss the economic risks of euro appreciation at talks with the head of the European Central Bank on Monday, as the single currency traded near...