All posts tagged "ECB"
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Energy Stocks Lead a Broad Rally as the Price of Oil Soars
NEW YORK – U.S. stocks made their biggest gain in more than a monthon Friday as oil prices surged, lifting energy stocks. Tech stocks also climbed as Apple shares had their day since August. Energy companies soared...
- Posted January 22, 2016
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Weak Growth and Shaky Markets put Pressure on Central Banks
WASHINGTON – The world’s central banks are under pressure to do something about slumping economies and panicky stock markets. The question is, can – or will – they do much that would help? The head of the...
- Posted January 22, 2016
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Draghi: ECB has ‘Plenty of Instruments’ to Boost Inflation
FRANKFURT, Germany – European Central Bank head Mario Draghi says the eurozone’s monetary authority has “plenty of instruments” available to boost inflation that’s too low. He added that the bank’s governing council has “the determination and the...
- Posted January 22, 2016
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US Stocks Rise as Energy Stocks Rally Following Big Slump
NEW YORK – Stocks rose Thursday and recovered some of their steep losses from the day before. The price of oil also recovered from a big decline. That lifted energy companies, which have been struggling as energy...
- Posted January 21, 2016
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ECB Holds Out Chance of More Stimulus at March Meeting
FRANKFURT, Germany – European Central Bank head Mario Draghi let rattled investors know Thursday that the bank is poised to take action as soon as its next monetary policy meeting in March if plunging oil prices and...
- Posted January 21, 2016
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Low Oil Complicates Struggle to Raise Eurozone Inflation
FRANKFURT, Germany – Low oil prices are complicating life for the European Central Bank in its struggle to push up worrisome low inflation in the 19 nations that use the euro currency. It was bad enough when...
- Posted January 20, 2016