Thursday, May 23, 2013 6:15 PM EST

European Central Bank

The European Central Bank (ECB) is the institution of the European Union (EU) tasked with administrating the monetary policy of the 16 EU member states taking part in the Eurozone. It is thus one of the world's most important central banks. The bank was established by the Treaty of Amsterdam in 1998, and is headquartered in Frankfurt, Germany. The current President of the ECB is Jean-Claude Trichet.

Headlines Around the Web

Central banks question Bloomberg privacy

May 14 - Financial Times

Euro rate cut on the cards

Apr 28 - Independent

Pressure mounts on ECB to cut rates

Apr 24 - Financial Times

Articles About European Central Bank

Euro zone slump eases in May but points to contraction in second quarter -PMI

By Reuters UK

The downturn across euro zone businesses eased slightly this month, although a dearth of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed on Thursday. (6:14 pm)

MORE TOPICS: GERMANY, MANUFACTURING

ECB can expand its tools to fight crisis - board member

By Reuters UK

The European Central Bank could expand its policy toolkit if needed to battle deflation risks, a top ECB official said on Wednesday, adding that the central bank was also weighing measures to encourage more lending in the euro zone. (7:21 am)

MORE TOPICS: LEHMAN BROTHERS, INVESTMENT

ECB's Praet calls for caution on bank deleveraging

By Reuters UK

The European Central Bank must be careful that deleveraging by euro zone banks does not affect the economy such that inflation drops too low, ECB Executive Board member Peter Praet said on Wednesday. (5:00 am)

Praet says ECB can expand its tools to fight crisis

By Reuters

The European Central Bank could expand its monetary policy toolkit if needed to respond to threats to price stability, and must ensure the euro zone economy does not enter a downward spiral, ECB Executive Board member Peter Praet said on Wednesday. (3:35 am)

Fed's Bullard recommends euro zone consider quantitative easing

By Reuters UK

A top U.S. Federal Reserve official urged the European Central Bank on Tuesday to consider employing a U.S.-style quantitative easing programme to counter slowing inflation and recession in the euro zone. (May 22)

MORE TOPICS: FEDERAL RESERVE, GDP, JAPAN, QUANTITATIVE EASING

EU must make faster progress on banking union - Italy PM Letta

By Reuters UK

The European Union must make much faster progress in creating common supervision and rules for its banking sector, Italian Prime Minister Enrico Letta said on Tuesday the day before an EU summit in Brussels. (May 21)

MORE TOPICS: UNEMPLOYMENT, EUROPEAN UNION, ELECTIONS

Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap

By DailyFX

The Euro slipped to 1.2830 as European Central Bank (ECB) board member Benoit Coeure reiterated that the Governing Council is 'exploring options to further strengthen lending to the real economy and, in particular, to small and medium-sized ente... (May 18)

MORE TOPICS: DOW JONES, BEN BERNANKE, TWITTER, BANK OF ENGLAND, MICHIGAN

Dollar soars, stocks gain amid talk of Fed QE exit

By Reuters

Global equity markets rose and the dollar soared against a basket of currencies on Friday, reaching a nearly three-year peak, as speculation mounted over whether the Federal Reserve would soon begin to rein in its asset-buying program. (May 18)

MORE TOPICS: GOLD, FEDERAL RESERVE, DOW JONES, GOLD PRICES, LONDON

ECB to keep monetary policy loose for as long as needed

By Reuters

The European Central Bank will keep its loose and growth-supportive monetary policy stance in place for "quite a long time", ECB executive board members said on Friday. (May 17)

Car sales
European Car Sales Rise in April on Strong British Demand

By IBTimes UK

Car sales in the UK improved 14.8% in April. (May 17)

MORE TOPICS: UNEMPLOYMENT, TOYOTA, GERMANY, VOLKSWAGEN