Latest European Central Bank News

Inflation is weak in Europe, another potential warning sign

Feb. 1, 2019 6:08 AM EST

BRUSSELS (AP) — Inflation in the 19-country eurozone eased in January, a potential sign of economic weakness for a region beset by multiple challenges, from Brexit to disputes in international trade. Statistics agency Eurostat said Friday that the year-on-year rise in prices fell to 1.4 percent in January,...

Germany slashes growth outlook on Brexit, trade fears

Jan. 30, 2019 7:33 AM EST

FRANKFURT, Germany (AP) — The clouds darkened over Europe's slowing economy on Wednesday as the German government slashed its growth forecast and said concerns about a chaotic Brexit and trade tensions were holding back the continent's powerhouse. Germany's Economy Ministry said Wednesday it was cutting...

ECB: Trade peace would remove big drag on eurozone growth

Jan. 28, 2019 12:06 PM EST

FRANKFURT, Germany (AP) — With gloom spreading over the economy of the 19 countries that use the euro, European Central Bank head Mario Draghi said Monday that much of the drag on growth would ease if "clarity and peace" were to break out in the trade dispute between the U.S. and China. Draghi said that...

Global stocks rise on optimism over China-US trade talks

Jan. 25, 2019 6:27 AM EST

TOKYO (AP) — Global stock markets advanced Friday amid optimism over the potential for China-U.S. trade talks to help end a tariffs war between the two largest economies. KEEPING SCORE: France's CAC 40 advanced 1 percent to 4,919, while Germany's DAX gained 1.4 percent to 11,284. Britain's FTSE 100 edged...

Asian shares rise on optimism over China-US trade talks

Jan. 25, 2019 12:29 AM EST

TOKYO (AP) — Asian shares advanced Friday after a moderate rise on Wall Street, amid persisting optimism over the potential for China-U.S. trade talks to help end a tariffs war between the two largest economies. KEEPING SCORE: Japan's benchmark Nikkei 225 rose 1.1 percent to 20,794.82. Australia's...

European Central Bank downgrades outlook as eurozone slows

Jan. 24, 2019 11:37 AM EST

FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi on Thursday issued a darker outlook for the region's economy and said the bank is ready to use all its monetary levers in case the slowdown takes a turn for the worse. Draghi said after Thursday's policy meeting that risks to the 19...

The Latest: ECB ready to act if economy runs into trouble

Jan. 24, 2019 8:45 AM EST

FRANKFURT, Germany (AP) — The Latest on the European Central Bank (all times local): 2:45 p.m. European Central Bank head Mario Draghi says the bank is ready to "adjust all of its instruments" if the economy runs into serious trouble and said risks "have moved to the downside." Draghi spoke after the bank...

European shares mixed, euro slips with ECB in focus

Jan. 24, 2019 8:00 AM EST

SINGAPORE (AP) — World markets mostly rose Thursday as investors awaited comments from European Central Bank President Mario Draghi on the economic outlook. KEEPING SCORE: Germany's DAX gained 0.5 percent to 11,130 and the CAC 40 in France rose 0.8 percent to 4,878. Britain's FTSE 100 was flat at 6,843. On...

European Central Bank keeps key interest rates, policy stance unchanged despite weaker growth

Jan. 24, 2019 7:48 AM EST
FRANKFURT, Germany (AP) — European Central Bank keeps key interest rates, policy stance unchanged despite weaker growth.

Correction: Ireland-European Central Bank story

Jan. 22, 2019 9:41 AM EST

FRANKFURT, Germany (AP) — In a story Jan. 21 about Ireland nominating an official for a top spot at the European Central Bank, The Associated Press gave the incorrect name for the country's national central bank. It is the Central Bank of Ireland, not the Bank of Ireland. A corrected version of the story...