European Central Bank

The U. S. approach contrasts with a growing likelihood of rate hikes by the European Central Bank and the Bank of England.

"Even the European Central Bank has somewhat bowed to international pressure with its purchase of covered bonds, " she said.

To hear him tell it, his hawkish views disqualified him from getting the top job at the European Central Bank later this year.

Similarly Jean Claude Trichet, head of the European Central Bank, spoke about how the dust had begun to settle on the crisis.

Banks have been able make up for some of that lost liquidity by borrowing at the European Central Bank.

How much longer before the European Central Bank acts?

He said he expected the European Central Bank would soon need to take some type of emergency action.

Last night they merely recorded that this is still the view of the European Central Bank, but did not endorse it.

This fuelled speculation that the bank will take a more hawkish stance ahead of the European Central Bank's meeting later this week.

The European Central Bank (ECB) is reluctant to go down that path, partly for fear that it might be seen to be bowing to political pressure.

Investors seem to prefer the monetary approach of the European Central Bank and the Bank of Japan.

She refuses to call on the European Central Bank to be the lender of last resort to stop contagion in the bond markets.

In times of such peril, even a small cut in interest rates by the European Central Bank and the Bank of England would send a helpful signal.

Still, he said it does suggest that the European Central Bank soon will be moving more aggressively to deal with the crisis.

The European Central Bank sets interest across the 16-member euro zone but has no direct power over members states' fiscal policies.

Over the next two days, the European Central Bank will host a conference to discuss the role of money in monetary policymaking.

In raising rates, even at a time of such uncertainty, the European Central Bank has opted for the latter.

The person said the European Central Bank had indicated it would continue flying cash to the country as needed.

The Bank of England and the European Central Bank are also set to hold policy meetings during the week.

The US Federal Reserve, the European Central Bank and the Bank of England are currently doing much more than working out this lesson.

With the big exception of the European Central Bank, most have repeatedly postponed the moment at which monetary policy is tightened.

Building up a fund at the European Central Bank, that can be drawn in the event of a Greek default, would be one option.

The Bank of England and European Central Bank hold separate meetings, but both are likely to keep interest rates on hold.

But the European Central Bank is adamantly opposed to any form of restructuring; others are nervous, too.

Without swift action from the European Central Bank, this will prove to be a contagion process with a disastrous end.

As growth weakens across the world, the Bank of England and the European Central Bank must start loosening.

Creating a credible financial firewall has been a key demand by Mario Draghi, president of the European Central Bank.

Short of that, the European Central Bank will have to continue buying Italian bonds.

He believes the recent actions of the Fed, the European Central Bank and the Bank of England endorse his view.

The moves in the banking sector came ahead Thursday's interest rate decisions from the European Central Bank and the Bank of England.

Every quarter the EU, the IMF and the European Central Bank (ECB) scrutinise Greece before releasing the next chunk of money.

The European Central Bank's purchases of Spanish and Italian sovereign debt continue to take the air out of inflated bond yields.

One of the most frequently asked questions is whether the European Central Bank should follow the Fed into quantitative easing.

In addition, the European Central Bank has a week to the benchmark refinancing rate to banks to provide financing unlimited funds.

The European Commission and, particularly, the European Central Bank had been opposed even to this, for fear of unleashing financial chaos.

It also sets up foreign exchange swap lines with the European Central Bank and Swiss National Bank for up to six months.

Of the major regions, only Europe, led by the European Central Bank, has resisted joining the stimulus party so far.

The European Central Bank and the Bank of England are expected to keep monetary policy on hold on Thursday.

Mr. Draghi, who becomes president of the European Central Bank on Nov. 1, is backing his deputy at the Bank of Italy, Fabrizio Saccomanni.

For now, rescues by the European Central Bank and other lenders are the only answer in a debt crisis.

Banks are having trouble securing short-term funding; two banks had to turn to the European Central Bank for dollars again this week.

A fascinating speech by Lorenzo Bini Smaghi, a member of the executive board of the European Central Bank, makes the point.

On Thursday the European Central Bank set out to diagnose and cure the problems of the eurozone; but it gave too small a dose.

If it came to it, the European Central Bank could simply buy up all the bad debts.

Economic government was a French idea, loaded with dirigiste menace and peril for the independence of the European Central Bank.

Loan growth is wilting and a survey by the European Central Bank (ECB) suggests that lending conditions are becoming stricter.

The European Central Bank's auction of three-month loans on September 24th was more than three times oversubscribed.

The euro has soared as officials at the European Central Bank show least enthusiasm for such a shift.

FOR such a young institution, the European Central Bank (ECB) has some old-fashioned ideas.

Jean-Claude Trichet, president of the European Central Bank, has said that output is now falling "at a decreasing rate" .

Inflation in the euro zone may be the new concern, with data due on Monday and a European Central Bank meeting on Thursday.

Deterioriating economic prospects have spurred the Bank of England and the European Central Bank into action.

For now, rescues by the European Central Bank and otherlanderslenders are the only answer in thea debt crisis.

If the European Central Bank were to similarly stand behind European debts, the crisis would ease dramatically.

As governor of the Bank of Italy, Mr Draghi is also a member of the European Central Bank's 22-strong rate-setting council.

that the European Central Bank was partly counteracting the trend, by buying bonds as part of its emergency program to support the market.

Indeed, if the European Central Bank were similarly audacious, the euro-zone might be better off today.

The European Central Bank's intervention in the Spanish and Italian debt markets is no panacea for the troubles rocking the continent.

He foresees politicians being granted control of Europe's key industries and of the European Central Bank.

The European Central Bank began buying government bonds days after insisting it would not.

Hungary already secured a 5 billion euros loan from the European Central Bank to help its own banks raise foreign-currency funds.

The European Central Bank, the Bank of England and the Swedish Riksbank are all inflation-targeters.

A Greek default also would be costly to the European Central Bank, the Continent's equivalent of the Federal Reserve.

It made for a very uncomfortable first day at work for Mario Draghi, the new head of the European Central Bank.

Axel Weber, now head of the Bundesbank, is favoured to become the next president of the European Central Bank.

Mr. Geither traveled from London to Frankfurt Wednesday, for a working dinner with European Central Bank president Jean-Claude Trichet.

Calm, composed and consistent are the watchwords of the European Central Bank. Except perhaps if you listen in Spanish, French or Italian.

Italy's yields could have been even higher, except for another reported round of bond-buying by the European Central Bank.

The European Central Bank did not signal anything.

The European Central Bank kept rates on hold at 1. 00% as expected and ECB President Trichet did not disappoint the hawks.

The head of the Spanish banking federation today pleaded with the European Central Bank for rescue measures to end the credit crisis.

Traders said the European Central Bank had been in the market buying Italian debt, although its action appeared limited.

The key focus for investors yesterday was the press conference following the European Central Bank's policy meeting.

Italy didn't take on this 55 billion euro austerity plan on a whim -- it was essentially forced to do it by the European Central Bank.

This problem also faces the Bank of England and the European Central Bank.

Foreign exchange market participants will also be keeping a watchful eye on the European Central Bank's monthly meeting on Thursday.

but a sharp fall of the euro is unlikely given the trade strength of Germany and the hawkish policies of the European Central Bank.

The European Central Bank (ECB), which some economists had been expecting to lower interest rates, left them unchanged.

Jean-Claude Trichet, president of the European Central Bank, has said bluntly that discretionary fiscal policy should be "avoided" .

The (euro zone) banks are much more stable and able to get their own funding. They are relying less on the European Central Bank.

But his isolation at the governing council and his premature departure suggest a worrisome philosophical shift at the European Central Bank.

Is there any other solution other than the European Central Bank becoming the lender of last resort?

Both the European Central Bank and the Bank of England may ease further.

The head of the European Central Bank, Jean-Claude Trichet, urged Greece to meet its obligations and ease the crisis.

The simplest solution would be for the European Central Bank to ensure liquidity in the market for these public debts.

Unusually, Bundesbank chief Axel Weber has gone public on his disagreement with the European Central Bank policy of buying government bonds.

In principle, the SPV relieves the European Central Bank (ECB) of one of its more vexing duties.

Jean-Claude Trichet, European Central Bank president, has been caught off-guard by the German backlash.

The Bank of Japan and the European Central Bank should follow suit.

The head of the European Central Bank (ECB) says the institution is likely to cut interest rates next week.

Since 2005, the European Central Bank has doubled its key interest rate, from 2% to 4%, and another rise is possible in September.

Contrast this with the fact that Portugal, Ireland, Greece and Spain are net borrowers from the European Central Bank.

As job losses mount and businesses go under, criticism of the euro and the European Central Bank can be expected to mount.

They will want to see the European Central Bank establish its credentials before trusting the euro as a store of value.

The European Central Bank (ECB) let it be known that it would support Spain and Italy by expanding its bond-buying programme.

France and the European Central Bank have finally managed to persuade Germany that such a step is necessary.

That may lead the Bank of England to raise interest rates from their record low sooner than the European Central Bank.

The European Central Bank (ECB) guaranteed unlimited funds for up to six months instead of one week.

The measures will be part of a programme to satisfy the European Central Bank that Italy is controlling its debts.

The German chancellor gets a sympathetic hearing at the European Central Bank.

Thursday's agreement was the fruit of several concessions. European Central Bank Jean-Claude Trichet lost a fight to prevent default.

At the other extreme is Jean-Claude Trichet, president of the European Central Bank, whose dismissal would require a court decision.

The European Central Bank cut its main policy interest rate by a quarter of a percentage point, to 1%, as expected.

The European Central Bank had tightened rates once; silver was at a 30-year high; and inflation expectations had started to take off.

The convening of the European Central Bank Governing Council meeting on interest rates and interest rates announced resolution.

That has prompted them to lean heavily for financing on the European Central Bank, which has grown wary of its growing exposure to Ireland.

The European Central Bank and US Federal Reserve are close to the limit of their capabilities.

Big moves, but they all made sense, especially as the European Central Bank is preparing to wind down its emergency liquidity operations.

The U. S. Treasury chief began his trip by meeting European Central Bank President Mario Draghi.

And the credibility of the European Central Bank as an inflation fighter has been weakened by its active participation in the bail-out.

This led the European Central Bank and the Federal Reserve to act this week to help stop markets seizing up.

The European Central Bank (ECB) rejects the idea of acting as a lender of last resort to embattled, but solvent, governments.

Jean-Claude Trichet, president of the European Central Bank, is thereby left bemoaning "excessive exchange rate moves" .

And fourth, the European Central Bank would take losses on its reserves of Irish bank bonds and those that it is holding as collateral.

The European Central Bank could not accept defaulted bonds as collateral to lend to banks, since they would be worth little.

And Merkel will not countenance a massive and inflationary intervention by the European Central Bank.

Urge the European Central Bank (ECB) to be lender of last resort to vulnerable sovereigns like Italy?

The question is, what bearing should all of this have on policy at the Federal Reserve and the European Central Bank?

The European Central Bank (ECB) had hoped to make the terms of its liquidity support to banks less generous.

A bid by the European Central Bank to force clearing houses settling trades in euros to locate in the euro zone is one such threat.

Senior figures from Jean-Claude Trichet, president of the European Central Bank, down have raised the issue with peers in recent months.

And the European Central Bank (ECB) should counter the fiscal austerity with a looser monetary policy.

Hawkish comments from Jean-Claude Trichet, European Central Bank president, have helped improve sentiment towards the single currency too.

European Central Bank President Jean-Claude Trichet said Thursday that currency levels should reflect economic fundamentals.

The case seems self-evident for Ireland and Spain, where the European Central Bank was setting a one-size-fits-all monetary policy.

Adding to investors risk in betting against the dollar is a meeting of the European Central Bank on Thursday.

But the European Central Bank staunchly opposes any form of debt restructuring.

Rumours abound of schemes to increase the firepower of the EFSF by expanding its ability to borrow, perhaps from the European Central Bank.

Nor is the French president neutral in the divisive debate over the role of the European Central Bank.

The largest financial centre on the continent, Frankfurt is the seat ofthe European Central Bank and the German Federal Bank.

and the European Central Bank has sacrificed ideological purity in an effort to reassure bond investors.

Staff at the European Central Bank have called their first ever strike, in a protest over planned changes to their pension scheme.

Basically, the European Central Bank is based on the pattern of the German Federal Bank, the headquarters is also located in Frankfurt.

The extraordinary decision by the European Central Bank to purchase government bonds raises the spectre of inflation.

The proportion is well above the de facto target set by the European Central Bank of about 15 per cent of its reserves in bullion.

And last week, the interest rate cycle turned, as the European Central Bank raised rates by a quarter of one per cent.

The European Central Bank yesterday decided to keep eurozone interest rates at 4. 25 per cent, but it sent a dovish message on future cuts.

European Central Bank president Jean-Claude Trichet said that a Greek default was "out of the question. "

Moreover, the austerity that the European Central Bank and Germany are imposing on Italy will turn recession into depression.

There is no way that the European Central Bank would ever risk such an outcome.

There is no way that the European Central Bank would ever risk such an outcome.

In 2008, the Council of the European Central Bank decided for a tender process with distinct invitations.

The European Central Bank warned last week that restrictive measures could lead to a "retaliatory spiral" which would hamper world trade.

The European Central Bank late Monday reportedly bought Portuguese debt, further underpinning sentiment.

Both the European Commission and the European Central Bank realised that problems beyond the euro area could create headaches inside it.

In the meantime, the European Central Bank will buy junk bonds from Italy without limit, for as long as it takes.

In any case, the European Central Bank has promised to provide as much liquidity as eurozone banks need.

Against this background the European Central Bank (ECB) has been quick off the mark in pushing up interest rates.

Third, there must be a new European central bank based on the Bundesbank, preferably not led by a German.

Sentiment was further bolstered by news of an unexpected interest rate cut from the European Central Bank.

The European Central Bank reportedly intervened heavily in the bond markets again, by purchasing Italian and Spanish government debt.

To fight the lack of bank funding, banks at some point could ask the European Central Bank to take on a role as clearing bank .

Investors were also jittery about the expiration of a European Central Bank program to extend 12-month financing to European lenders.

But yesterday's moves by the European Central Bank forced investors to return to the central banking phrasebook.

The news came shortly after the European Central Bank had decided to increase interest rates for the first time in three years.

The European Central Bank has made it clear it will raise rates at its next meeting. The Fed isn't even thinking about rate hikes yet.

Traders said there were few buyers in many bond markets, with only the European Central Bank active in Italy and Spain.

The European Central Bank has demanded that Rome cut through the red tape that keeps companies from hiring and expanding.

The European Central Bank cut its key rate by a greater-than-expect three-quarters of a percentage point Thursday, to 2. 5%.

The European Central Bank and Federal Reserve are now expected to keep rates as they are until much later in the year.

European Central Bank Governing Council member Christian Noyer said officials "made enormous progress" on the issue.

On January 15th the European Central Bank cut interest rates by half a percentage point, to 2%, having hinted at a pause only a month ago.

A deal is seen as a prerequisite for the European Central Bank to intervene more forcefully.

Even the European Central Bank has praised its efforts to sort out the public finances.

The French want to concoct a euro-zone block, with a direct line to the European Central Bank and fiscal harmonisation.

Policymakers are scrambling to contain this, with the European Central Bank buying Italian and Spanish bonds this month.

Germany, the European Central Bank (ECB) and many others diagnose today's mess as stemming primarily from profligacy on the periphery.

The European Central Bank's seemingly open-ended role as buyer of last resort of eurozone debt illustrates the market's structural problems.

On Wednesday, demand surged for the seven-day dollar funding offered by the European Central Bank.

Lagarde and European Central Bank President Jean-Claude Trichet both said strengthening bank balance sheets is crucial.

Jean-Claude Trichet, European Central Bank president, has fiercely resisted allowing a selective default.

The banks are still in a delicate state with many dependent on the European Central Bank (ECB) for finance.

Is pessimism about the eurozone overdone, as Jean-Claude Trichet, president of the European Central Bank, argued last week?

The reason to Euro's weakness is substantially rooted in European Central Bank's internal regime and conflicts between member states.

Some observers have blamed the volte-face on lobbying inside the senior echelons of the European Central Bank.

Eurozone banks have been parking record sums in the European Central Bank's "deposit facility" .

Fifth, these investments should be supported by the European Central Bank.

The issue is whether they can impress those with the money: Mrs Merkel and Mario Draghi, president of the European Central Bank?

The European Central Bank has been so divided that it too has neglected core functions of stabilising panicked markets.

Make no mistake: U. S. Federal Reserve Chairman Ben Bernanke and European Central Bank head Jean-Claude Trichet face a difficult year.

The European Central Bank keeps the Continent's banking system functioning day by day through short-term loans to commercial banks.

The EMU created a new European Central Bank (ECB) that will coordinate monetary policy throughout most of continental Europe.

The amount of money parked at the European Central Bank (ECB) has risen to 15-month highs as banks hold back from lending to each other.

No, said Jean-Claude Trichet, the president of the European Central Bank, that wouldn't solve the problem.

Well before the financial crisis, he championed, against German doctrine, a political counterweight to the European Central Bank.

In our example above, the European Central Bank (ECB), upon hearing the Fed's announcement, could make a similar pledge to debase the euro.

The European Central Bank and the Bundesbank have opposed the principle of eurozone central banks lending to the eurozone via the IMF.

South Korea's won led the advance after the European Central Bank cut borrowing costs, boosting demand for higher- yielding securities.

German central banks earned a reputation for rigid orthodoxy, and the European Central Bank, still based in Frankfurt, inherited it.

And the European economy continues to slow, even as the European Central Bank continues to tighten policy.

All creditors, including governments and the European Central Bank, will have to chip in.

Short term, the euro zone has the most to lose from rising currency tensions, given the relative hawkishness of the European Central Bank.

The president of the European Central Bank has said that a rise in eurozone interest rates was possible at its next policy meeting in April.

The European Central Bank played a decisive role under the able leadership of its president, Jean-Claude Trichet.

The European Central Bank tracks GDP per worker across the whole economy.

The European Central Bank is widely expected to raise interest rates at a meeting Thursday.

So the outbreak is being fought mainly by the European Central Bank, which has been buying bonds and supplying liquidity to banks.

Both the Federal Reserve and the European Central Bank need to make it clear that they will act if inflation or growth fall much further.

It has been left to the European Central Bank to inject much-needed, but temporary, liquidity.

The European Central Bank has provided almost unlimited liquidity to eurozone financial systems.

Much will depend on how the European Central Bank responds in the coming days and weeks.

The European Central Bank, for one, is coming round to the idea that it may need to respond to asset bubbles.

On a trade-weighted basis, the currency has risen almost 13 per cent in less than two months, according to European Central Bank figures.

The European Central Bank meeting on Thursday and summit of European leaders on Friday will be crucial to maintaining any positive tone.

In addition , the European Central Bank (ECB) said it would purchase government bonds to restore calm to "dysfunctional" markets .

Yet another European view holds that the austerity plans now envisioned by Germany and the European Central Bank are worse than the disease.

Putting the European Central Bank's printing presses to work might, at best, bring some short-term relief.

But the European Central Bank, backed by France, feared the measure would lead to a fresh financial panic in the euro's weaker members.

The Federal Reserve has engaged in currency swaps with the European Central Bank to support the dollar needs of EU banks.

As special as supra-national currency, European Central Bank is facing problems that other central banks never meet.

However, markets were encouraged by a hint of more immediate help from the European Central Bank.

The European Central Bank cut interest rates by 0. 75 percent - its biggest ever move and its third cut in two months.

Next, all eyes are on the European Central Bank, which plans to announce its latest monetary policy decision Thursday.

Banks were forced to seek huge amounts of liquidity from the European Central Bank, which signaled its discomfort.

Markets calmed in mid-week amid talk that the European Central Bank had started buying peripheral debt.

The European Central Bank has argued that quarterly growth data is proving volatile and growth is being maintained.

The European Central Bank should demonstrate that it has the tools to maintain liquidity even if there is panic.

China's central bank has just cut interest rates, and the European Central Bank is likely to slash rates next week.

In return the European Central Bank (ECB) needs to give total support to all solvent members.

A European Central Bank spokesman, however, declined to comment on market rumors of fresh central bank action.

If there are eurobonds coupled with a much more liberal European Central Bank, then yes.

And the European Central Bank's interventions in the banking system in December and February have pulled the euro area back from the brink.

You don't have to approximate or guess the currency rates-they are provided by European Central Bank and updated daily.

Better still, the European Central Bank has stepped into the gap to replace those vanishing funds.

She wasn't suggesting that the European Central Bank should raise interest rates tomorrow.

At present the European Central Bank is offering much of the needed finance.

Some currency watchers believe the European Central Bank will be obliged to do something similar.

The European Central Bank and national central banks are barred from aiding members by purchasing their debt.

The European Central Bank faces the difficult task of running monetary policy over an unwieldy currency area.

In place of the wayward George Papandreou, Greece now has Lucas Papademos, former vice-president of the European Central Bank.

Both banks have cumulatively slashed their key interest rates by more than the Federal Reserve and the European Central Bank (see chart).

A selloff in Portuguese debt Monday prompted the European Central Bank to intervene by buying the country's bonds, traders said.

The same survey shows confidence in the European Central Bank's ability to combat inflation and boost economic growth.

Not so at the European Central Bank, where doctorates in economics are almost de rigueur.

The deal, said European Central Bank president Jean-Claude Trichet, "goes in the right direction. "

The ailing securities firm quietly tapped the European Central Bank and the Federal Reserve as financial life lines.

This implies that the European Central Bank abstains from fiscal policy actions.

And the European Central Bank called hedge funds a major risk to world markets. Yet Alan Greenspan had praised for hedge funds.

The IMF, European Central Bank and others urged countries to take steps to unwind their stimulus schemes.

That would be the European Central Bank.

WITH hindsight, the European Central Bank's decision to raise interest rates in July looks unfortunate.

Eurozone members will need the European Central Bank as a lender of last resort.

The euro has been underpinned by robust growth in the eurozone and hawkish rhetoric from the European Central Bank over interest rates.

Crude oil topped 124 U. S. dollars a barrel last week after European Central Bank decided not to touch interest rates.

The drop in raw materials prices was welcomed by the European Central Bank, the US Federal Reserve and other central banks.

Check real time currency rates from European Central Bank and convert from among these currencies.

The commission proposed that the European central bank chair this council.

Since 1999, average inflation has indeed remained anchored at the European Central Bank's definition of price stability.

Portugal's banks have also been tapping the European Central Bank (ECB) at a furious pace.

The European Central Bank (ECB) has shied away from QE, relying instead on direct loans.