Sep 4, 2014 The ECB announced a surprise cut in interest rates.
Sep 4, 2014 In an unexpected move, the ECB cut rates to 0.05 percent.
Stacey Vanek Smith
Jun 5, 2014 People who save money usually get paid. Now, European banks pay for the privilege.
Dec 13, 2013 Ireland's bailout comes to an official end on Sunday.
Sep 6, 2012 The European Central Bank is set to go on a bond-buying spree in an effort to save the euro and stem the debt crisis. But how does it work? It helps to think about candy.
Heidi N. Moore
Sep 6, 2012 The European Central Bank's plan to buy bonds is reminiscent of the Fed's quantitative easing.
Sep 6, 2012 European Central Bank president Mario Draghi announced a plan today to buy bonds and relieve market pressure on troubled eurozone countries. But will it work?
Sep 6, 2012 Target countries will have to agree to more austerity and economic reforms.
Sep 4, 2012 In China, manufacturing activity fell last month for the first time in almost a year, putting more pressure on Chinese officials to do something to stimulate the economy. Meanwhile in Europe, we learned this morning that manufacturing activity in the eurozone also fell last month, which will in turn put more pressure on the European Central Bank to do something about the ongoing crisis there.
Aug 2, 2012 The Fed announced yesterday that it is prepared to act if the economy gets worse -- But for now, nada. Which brings us to the European Central Bank, which is holding a meeting today in Frankfurt and might have a little something up its sleeve for the global economy.