Europe

How low inflation in eurozone could impact currency

European Central Bank head Mario Draghi says the expanding eurozone economy still faces “risks and uncertainties”— including a looming trade dispute with the United States—and has cautioned that inflation needs to rise further before monetary stimulus is ended. Draghi said Wednesday that higher inflation, not growth, is the “very clear condition” for the central bank […]

By Staff, with files from The Associated Press |March 14, 2018

2 min read

ECB offers further hint of stimulus withdrawal

The European Central Bank has tweaked its main monetary policy statement

By Staff, with files from The Associated Press |March 8, 2018

2 min read

Eurozone growth revised upward, while Brexit risk looms

The European Commission says the recovery across the 19-country eurozone is set to remain fairly buoyant this year. In its latest forecast, the European Union’s executive arm said it expects 2018 growth to be 2.3%, just shy of the 2.4% rate it is predicting for 2017—preliminary figures last week from the EU’s statistics agency showed […]

By Staff, with files from The Associated Press |February 7, 2018

3 min read

ECB’s Draghi warns against U.S. talking down dollar

Europe's top economic official speaks about currency moves

By David Mchugh, The Associated Press |January 25, 2018

3 min read