Ecb Meets Amid Calls For Action

The European Central Bank will meet Wednesday amid growing signs of economic distress in the euro zone and louder calls for the bank to cut rates as uncertainties build around the currency bloc.

Topics:  european central bank   calls   
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BING NEWS:
  • Euro zone inflation fall piles pressure on ECB
    The figure means inflation is still significantly below the ECB's target of close to 2 percent, and will lead to increased calls for the ECB to act in an effort to boost the region's economy when its Governing Council meets this Thursday. Fears that the 18 ...
    06/2/2014 - 10:49 pm | View Link
  • ECB seen on hold as inflation picks up, QE a way off
    The ECB Governing Council meets in Brussels against ... already fallen as low as it will go. With inflation running well below its medium-term target of just under 2 percent, the ECB has nonetheless faced calls from French politicians and the International ...
    05/6/2014 - 2:46 am | View Link
  • OECD calls for ECB to cut rates immediately
    The OECD's advice to the ECB comes two days before its governing council meets in Frankfurt, with most economists expecting policy to be left unchanged following a rise in the inflation rate to 0.7% in April from 0.5% in March. ECB President Mario Draghi ...
    05/5/2014 - 9:58 pm | View Link
  • Mario Draghi hints at ECB's 'all or nothing' policy
    ECB President Mario Draghi also described as "relatively limited" the benefits ... Inflation has been in what Mr Draghi calls the "danger zone" below 1pc for five months now and was running at 0.8pc at the last count. The lack of action was significant ...
    03/6/2014 - 4:13 am | View Link
  • Deflation risk may spur new ECB rate cut
    Such talk has led to calls for the European Central Bank to cut interest rates to a new record low when it meets Thursday, or at the latest in December, to inject new impetus into the weak recovery and take some of the heat out of a rally in the euro.
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