Draghi
Draghi’s Long Farewell May Delay ECB Guidance move
Gold Silver Reports (GSR) – Some European Central Bank policymakers are reluctant to alter their guidance on interest rates as a move could tie the hands of the bank’s next president many months before an appointment is even made, four sources close to the matter said.
Draghi : Significant Stimulus Still Needed to Support Inflation – Gold Silver Reports
Draghi says underlying strength of economy continues to support confidence.
ECB Draghi — Latest data point to ongoing, broad-based growth
ECB sees 2018 GDP growth at 2.0 pct vs 2.1 pct seen in June
Draghi Ends ECB Bond-Buying Era Saying Economy Can Beat Risk
Gold Silver Reports (GSR) – Draghi Ends ECB Bond-Buying Era Saying Economy Can Beat Risk — Mario Draghi said the euro-area economy is strong enough to overcome increased risk, justifying the European Central Bank’s decision to halt bond purchases and close an extraordinary chapter in the decade-long struggle with financial crises and recession. The euro fell after the central bank also pledged to keep interest rates unchanged at current record lows at least through the summer of 2019, a longer timeframe than investors had priced in. Policy makers will phase out bond purchases by the end of this year in what Draghi described as a unanimous decision.
Draghi Insists Outlook Is Solid as ECB Skirts QE Debate Again
Gold Silver Reports (GSR) – Draghi Insists Outlook Is Solid as ECB Skirts QE Debate Again — The Governing Council spent its two-day meeting assessing a raft of weaker economic data, the ECB president said at a news conference in Frankfurt. While acknowledging that momentum softened at the start of the year, he reaffirmed his confidence in the durability of the euro-area expansion.
Yellen, Draghi Head to Jackson Hole Amid Inflation Unease
Gold Silver Reports — As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low.
Draghi Says Officials ‘Aren’t There Yet’ as ECB Keeps Stimulus
Gold Silver Reports — Mario Draghi said policy makers are still waiting for inflation to catch up with the economic recovery as they put off discussions on winding back stimulus until after the summer.
Euro Climbs as Draghi Talks Up Growth; Gold Slips
Gold Silver Reports — Central banks dominated markets on Thursday, with the euro and bonds whipsawed after the ECB kept rates on hold before the bank’s President Mario Draghi talked up European growth. Stimulus was maintained in Japan, sinking the yen and lending support to the dollar.