Topic: European Central Bank

Euro drops before ECB meeting

The euro fell against the dollar on Thursday as markets awaited a monetary policy update from the European Central Bank and digested drastic action by Greece aimed at slashing its debt. Traders were also awaiting an interest rate decision due on Thursday from the Bank of England and were looking ...
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Markets look to ECB to end easy money policies

Markets will focus on "exit strategies" from exceptional loan policies when European Central Bank leaders meet here on Thursday, with the Greek debt crisis a second centre of interest. Fresh forecasts for eurozone growth and inflation will also be on the menu. "The key issue to watch will be the ...
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Blaming the weather for high unemployment

WASHINGTON (Reuters) - Snowstorms have repeatedly battered parts of the United States this winter, making it more difficult to discern returning weakness in the economy from seasonal distortions. That means key U.S. data on jobs and manufacturing for February, which hold big implications for global financial markets, could lead to ...
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Eurozone lending falls, money supply rises: ECB

Eurozone lending contracted further in January even as the overall amount of money in the 16-nation bloc edged higher, the European Central Bank said Thursday, underscoring concern over the strength of a European recovery. Loans to the private sector declined by 0.6 percent, increasing the pace of a 0 ...
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