Italy’s Draghi sworn in as prime minister of unity government

© Reuters. Incoming Italian Prime Minister Mario Draghi speaks to the media after meeting with Italian President Sergio Mattarella, in Rome ROME (Reuters) – The Italian president swore in the former chief of the European Central Bank, Mario Draghi, as prime minister on Saturday at the head of a unity government called on to confront […]

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ECB to review improved growth, declining risks in June: Draghi

© Reuters. FILE PHOTO: European Central Bank President Draghi stands before delivering his speech during an event at Bank of Spain headquarters in Madrid FRANKFURT (Reuters) – Risks to euro zone growth have declined further and the European Central Bank will be in position at its June 8 meeting to reassess the outlook for growth […]

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ECB’s Draghi insists on need for continued accommodative policy

© Reuters. Draghi says ECB convinced of need for extraordinary amount of monetary policy support Investing.com – European Central Bank (ECB) president Mario Draghi said Monday that while the euro zone economy is improving, inflation remains subdued, requiring extraordinarily accommodative monetary policy. In testimony to the Committee on Economic and Monetary Affairs of the European […]

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Euro May Fall as Draghi Argues for Firmly Dovish ECB

Talking Points: British Pound corrects higher after last week’s selloff Comments from ECB’s Draghi headline quiet calendar Euro may fall as dovish rhetoric cools tightening bets The British Pound outperformed in otherwise quiet Asian trade as prices retraced after political uncertainty jitters triggered a dramatic selloff on Friday. Market closures in China, the UK and […]

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