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This is a discussion on EUR News within the Analytics and News forums, part of the Trading Forum category; The outgoing European Central Bank President Mario Draghi on Thursday stressed the need for a more active fiscal policy in ...

      
   
  1. #551
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    ECB's Draghi Urges More Fiscal Policy Support To See Higher Rates

    The outgoing European Central Bank President Mario Draghi on Thursday stressed the need for a more active fiscal policy in the euro area to help create a conducive environment to raise interest rates in future. In his final post-decision press conference, Draghi said, "If one wants to see higher rates sooner, fiscal policy should be active."

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    Eurozone Retail Sales Rise For Second Month

    Eurozone retail sales increased for the second straight month in September, suggesting that household spending has contributed positively to economic growth in the third quarter. Elsewhere, survey results from IHS Markit showed that the euro area private sector expanded slightly more than initially estimated in October, but remained close to stagnation.

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    German ECB Board Nominee Schnabel Says Harmful, Wrong Narratives Threaten Euro

    Isabel Schnabel, Germany's nominee to the European Central Bank's Executive Board, urged fellow German economists to tone down their criticism of the central bank's policies.

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    German Inflation Steady At 1.1% In November

    Germany's inflation rate remained unchanged in November at its lowest level since early 2018, after slowing for three months, flash data from the Federal Statistical Office showed on Thursday.

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    Spain Unemployment Increases In November

    Spain's unemployment increased in November, data from the Ministry of Labor, Migration and Social Security showed on Tuesday.

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  6. #556
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    ECB Set To Maintain Status Quo In Lagarde's First Policy Meeting

    The European Central Bank is set to leave its monetary policy unchanged on Thursday in the first meeting chaired by its new chief, Christine Lagarde, and markets will be closely watching how she communicates the message from the central bank on the euro area economy amid sluggish growth and low inflation.

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