The European Central Bank (ECB) is the central bank for the euro and administers monetary policy within the Eurozone, which comprises 19 member states of the European Union and is one of the largest monetary areas in the world. Established by the Treaty of Amsterdam, the ECB is one of the world's most important central banks and serves as one of seven institutions of the European Union, being enshrined in the Treaty on European Union (TEU). The bank's capital stock is owned by all 28 central banks of each EU member state. The current President of the ECB is Christine Lagarde. Headquartered in Frankfurt, Germany, the bank formerly occupied the Eurotower prior to the construction of its new seat.
Former German finance minister Wolfgang Schaeuble told Reuters in an interview he expects new European Central Bank President Christine Lagarde to implement a "very sensible" monetary policy that.. Reuters - Published
As she leaves her position as head of the International Monetary Fund to run the European Central Bank, Christine Lagarde tells John Dickerson about the possible signs of a global recession. CBS News - Published
Australia cut rates for a third time this year on Tuesday as it acknowledged that global risks were threatening its nearly three decades of uninterrupted growth. And, as David Pollard reports, key PMI..
Markets were struggling to digest a raft of central bank policy decisions on Thursday, after the U.S. Fed cut rates, the BOJ and the BOE kept their powder dry - but Norway hiked. David Pollard reports.
The European Parliament backed Christine Lagarde on Tuesday as the next president of the European Central Bank, paving the way for her to become the first woman to hold the post. David Pollard reports.
The European Central Bank needs to simplify its message and take it directly to the people to dispel a growing perception that it is part of an arrogant elite, outgoing board member Sabine.. Reuters - Published
"Market stability should not be the subject of a tweet here or a tweet there." Christine Lagarde, incoming head of the European Central Bank, on what she would say to President Trump about the global.. CBS News - Published
“Market stability should not be the subject of a tweet here or a tweet there.” Christine Lagarde, incoming head of the European Central Bank, on what she would say to President Trump about the.. CBS News - Published
Britain's turbulent experience divorcing from the European Union means there are no longer questions about other countries trying to leave the bloc, ECB policymaker Francois Villeroy de Galhau said on.. Reuters - Published
Finnish central bank governor Olli Rehn, an European Central Bank's board member, on Friday pulled out from the vote between EU leaders to choose a European candidate to lead the International Monetary.. Reuters - Published
Christine Lagarde will raise the profile of the European Central Bank, making it a more politically-savvy institution that takes its message directly to the people. However policy innovation, the.. Reuters - Published
The nomination of Christine Lagarde as European Central Bank president on Tuesday has thrust the International Monetary Fund into an early, unanticipated search for a new leader amid a raging trade war.. Reuters - Published
European Union leaders agreed on Tuesday to name France's Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the EU's other top four jobs after marathon talks.. Reuters - Published
Prime Minister Giuseppe Conte said on Tuesday Italy would receive the influential competition portfolio in the next European Commission, adding he was confident his nation would also obtain a post on.. Reuters - Published
A shrewd negotiator who has run the IMF but has little monetary policy experience, Christine Lagarde will face the challenge as the European Central Bank's new chief of having to revive the euro zone.. Reuters - Published
European Union leaders agreed on Tuesday to name Frenchwoman Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the other four top jobs in the bloc after.. Reuters - Published
International Monetary Fund Managing Director Christine Lagarde said on Tuesday she is "honored" to be nominated for the European Central Bank presidency and will temporarily relinquish her IMF.. Reuters - Published
French President Emmanuel Macron sought to break a deadlock over the EU's top jobs on Tuesday by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the.. Reuters - Published
A shrewd negotiator who has run the IMF but has little monetary policy experience, Christine Lagarde would face the challenge as the European Central Bank's new chief of having to revive the euro zone.. Reuters - Published
President Emmanuel Macron sought to break a deadlock on Tuesday over assigning the EU's top jobs by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the.. Reuters - Published
German defense minister Ursula von der Leyen may end up as European Commission President while IMF head Christine Lagarde may become new president of the European Central Bank following an agreement.. Reuters - Published
Dutch socialist Frans Timmermans has emerged as the favorite to be named the EU's next chief executive, diplomats and officials said on Sunday ahead of a summit in Brussels, but faces resistance from.. Reuters - Published
French President Emmanuel Macron said that three of the European Union's top positions should be decided at a meeting of EU leaders on Sunday, with a decision on the next head of the European Central.. Reuters - Published
The head of the European Central Bank, Mario Draghi, steps down at the end of October and the 19 euro zone countries are now looking for his replacement. The shortlists of likely candidates are almost.. Reuters - Published
Profitability across the euro zone bank sector is low and weakening growth could further dampen the sector's prospects, European Central Bank Vice President Luis de Guindos said on Tuesday. Reuters - Published
French President Emmanuel Macron derided Bundesbank President Jens Weidmann's "belated" support for a European Central Bank program of government bond purchases, amid talk of the German running to.. Reuters - Published