"The pandemic continues to cast a shadow, especially as the Delta variant constitutes a growing source of uncertainty."
The NYSE pushes for direct listing changes; stress tests incorporate the pandemic; eurozone banks borrow record amounts; and more.
“The euro area economy is experiencing an unprecedented contraction," the ECB said as it provided additional stimulus through emergency bond buying.
They could have major implications for the financial sector and the transmission of monetary policy, says Christine Lagarde.
While “all advanced economies are facing a growth challenge, the euro area has been slower to embrace innovation," Christine Lagarde says.
Good news: U.S. banks' funding costs are falling. Bad news: the European Central Bank prepares to make new asset purchases.
The self-confessed economic outsider faces the challenge of helping stimulate the eurozone economy amid mounting fears of recession.
Amid "pervasive uncertainty" over trade, "the ECB and the U.S. Federal Reserve appear to have given up on plans to tighten [monetary] policy."
When politicians start chiming in on monetary policy, they actually can torpedo sensible policy: opinion.
“We didn't navigate the [fixed-income] market as well as we aspire to or as well as we have in the past," Goldman's CFO says.
The European Central Bank finds evidence of “substantial informed trading” in advance of the official release of macroeconomic announcements.
Bankers say the European Central Bank's stimulus is leading to more loans but is also cutting into profitability.
