The European Central Bank (ECB) President Christine Lagarde, testifying before the European Parliament this Monday, said that the region's economic growth remains weak and this weakness has been mainly due to global factors.
The world economic outlook remains sluggish and uncertain.
Consumption has held up fairly well.
I can assure you that the EC is ambitious to do and to play its part in accordance with its mandate.
Source : FXstreet
RELATED NEWS
BoE Could Give "Prompt Response" to Signs of Lasting Weakness in UK Economy - Carney
Thursday, 9 January 2020 17:07 WIBBank of England Governor Mark Carney said on Thursday there could be a "relatively prompt response" from the central bank if it looked like weakness in the economy will persist. "With the relatively limited space to cut Bank Rate, if evidence builds that the weakness in activity could persist, risk...
Bank of England leaves policy rate unchanged at 0.75% in December as expected
Thursday, 19 December 2019 19:47 WIBIn a widely expected decision, the Bank of England's Monetary Policy Committee held the policy rate unchanged at 0.75% in December. The asset purchase facility remained steady at €435 billion as well. The GBP/USD pair fluctuated sharply with the initial reaction but struggled to make a decisive m...
Lagarde's ECB Keeps Policy Unchanged as Strategy Review Looms
Thursday, 12 December 2019 20:05 WIBThe European Central Bank kept monetary stimulus unchanged at President Christine Lagarde™s first policy meeting, shifting the focus to when she™ll announce her review of the institution™s strategy for safeguarding theeuro-zone economy. The ECB kept its deposit rate at a r...
Federal Reserve signals no rate hikes in 2020, just one in 2021
Thursday, 12 December 2019 02:20 WIBThe Federal Reserve left its benchmark interest rate unchanged and signaled no changes next year after its latest meeting to evaluate the economy. The Fed's so-called dot plot shows no rate hikes in 2020 and just one in 2021. The "current stance of monetary policy is appropriate to support sustaine...
Australia Holds Rate as RBA Waits for Past Cuts to Flow Through
Tuesday, 3 December 2019 10:56 WIBAustralia™s central bank kept interest rates unchanged as it waits for three cuts since June to flow through to areas of the economy beyond the property market. Reserve Bank Governor Philip Lowe and his board kept the cash rate at 0.75% Tuesday, in line with expectations of ec...
Gold futures settle higher after back-to-back session declines
Gold prices finish lower as some upbeat economic data dull haven demand
Hong Kong Stocks Finish with Gains (Review)
Gold Gains Ground on Concerns Over US-China Trade
Gold Holds Gain After Trade Deal; Palladium at Record
S&P 500, Dow close at new records, notch best weekly gains since August
Saturday, 18 January 2020 04:19 WIB
U.S. stocks closed at all-time highs Friday, marking the third-straight record close for the Dow and S&P 500, as investors cheered bullish economic data and continued to ride a wave of trade optimism.
The Dow Jones Industrial Average rose 50...