Latest European Central Bank News

US stock indexes end mixed; S&P 500 notches 3rd weekly gain

Sep. 13, 2019 4:48 PM EDT

The S&P 500 notched its third straight weekly gain Friday, even as the major U.S. stock indexes ended the day mostly lower. A slide in technology stocks, along with losses in consumer-focused and real estate companies, offset solid gains elsewhere in the market, including big Wall Street banks and industrial...

Bundesbank chief Weidmann critical of new ECB stimulus

Sep. 13, 2019 11:03 AM EDT

BERLIN (AP) — The head of Germany's central bank says the European Central Bank "overshot the mark" in delivering a new blast of monetary stimulus to help the continent's shaky economy. The ECB decided Thursday to cut a key interest rate and restart its bond-buying stimulus program. Bundesbank President...

World shares buoyed by fresh optimism over US-China trade

Sep. 13, 2019 5:55 AM EDT

BANGKOK (AP) — World shares were mostly higher on Friday, buoyed by fresh stimulus from the European Central Bank and hopes for progress in China-U.S. trade talks. Germany's DAX picked up 0.1% to 12,426.92 and the CAC 40 in France added 0.2% to 5,651.91. But Britain's FTSE 100 gave up 0.2% to 7,327.05...

The Fed and ECB aim to avoid downturns but with limited ammo

Sep. 12, 2019 5:19 PM EDT

WASHINGTON (AP) — The Federal Reserve and the European Central Bank are struggling mightily to invigorate their economies at a time when growth is slowing, governments remain on the sidelines and the banks' usual stimulative tools appear less effective than in the past. On Thursday, the ECB delivered a...

European Central Bank cuts key rate, restarts bond-buying stimulus program to help slowing economy

Sep. 12, 2019 7:49 AM EDT
FRANKFURT, Germany (AP) — European Central Bank cuts key rate, restarts bond-buying stimulus program to help slowing economy.

Stock markets edge up ahead of ECB stimulus decision

Sep. 12, 2019 7:12 AM EDT

BANGKOK (AP) — World stock markets rose cautiously Thursday as investors awaited the European Central Bank's decision on how much stimulus it will provide the economy. Sentiment also was brightened by hopes that China and the U.S. are moving to ease trade tensions. Germany's DAX edged 0.2% higher to 12,378...

Europe eyes stimulus plan, but ultra-low rates raise doubts

Sep. 11, 2019 2:15 PM EDT

FRANKFURT, Germany (AP) — The European Central Bank appears to be preparing a new shot of stimulus to try to energize the economy. But the move is sure to renew a nagging question: Can central banks do much good when rates are already ultra-low? Analysts say the bank is likely to cut a key interest rate...

Global shares mixed as investors look to rate decisions

Sep. 10, 2019 7:43 AM EDT

TOKYO (AP) — Global shares were mixed Tuesday as investors awaited action from global central banks amid concern that U.S-China trade war is hurting economic growth. Asian markets finished mostly higher, European shares were mostly down and Wall Street appeared headed for a lower or flat open. Investors...

Asian shares mixed as investors look ahead to rate decisions

Sep. 9, 2019 11:57 PM EDT

TOKYO (AP) — Asian shares were mixed Tuesday after a day of listless trading on Wall Street, as investors awaited signs on global interest rates. Japan's benchmark Nikkei 225 added 0.2% to 21,360.15 in morning trading. Australia's S&P/ASX 200 fell 0.5% to 6,618.20, while South Korea's Kospi inched up...

Global stocks mostly rise as investors watch central banks

Sep. 9, 2019 8:10 AM EDT

TOKYO (AP) — Global stocks mostly rose Monday as investors digested economic data and hoped for central banks to step in to nudge up growth. Germany's DAX was up 0.3% to 12,224, while France's CAC 40 fell 0.2% to 5,595 and Britain's FTSE 100 shed 0.6% to 7,238. U.S. shares were set to drift higher, with...