Tuesday , June 18 2019

Banking

Draghi’s rate-cut plan fails to sway investors

Bloomberg Mario Draghi’s insistence that he’s determined to revive euro-zone inflation with interest-rate cuts and renewed bond purchases if needed isn’t convincing investors. The European Central Bank president talked a tough game after policy makers extended their pledge to keep borrowing costs at record lows and announced more cheap loans ...

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PBOC chief sees ‘tremendous room’ to adjust policy if trade war deepens

Bloomberg China’s central bank governor said there’s “tremendous” room to adjust monetary policy if the trade war deepens, joining counterparts in Europe and the US in displaying readiness to act to support the economy. In an exclusive interview with Bloomberg in Beijing, People’s Bank of China (PBOC) Governor Yi Gang ...

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