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Showing 1 - 10 of 74 results for "President Mario Draghi"

Chief economist update: Europa rides the bull once again

BENJAMIN ONG | FRIDAY, 9 APR 2021

... inflation moves towards its aim in a sustained manner, in line with its commitment to symmetry". Former ECB president Mario Draghi was dubbed 'Super Mario' for doing "whatever it takes" to revive the Eurozone economy from the global financial ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG | TUESDAY, 1 OCT 2019

"Patience is a virtue." We've heard, read and seen this quote many, many times. This is a quote that's so easy to say but difficult to apply - more so if you're the head of one of the world's biggest central banks, presiding over a fast ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG | TUESDAY, 3 SEP 2019

... thus, headline inflation developments over the medium term." This was what European Central Bank (ECB) president Mario Draghi told his audience (and the world) at his press conference straight after the ECB's last monetary policy meeting held on ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG | WEDNESDAY, 26 JUN 2019

When the European Central Bank (ECB) concluded its Governing Council meeting on the June 6, not only had it announced to keep monetary policy settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.4% - but it ...

Chief economist update: ECB digs deeper

BENJAMIN ONG | FRIDAY, 5 APR 2019

Super Mario's back to doing whatever it takes. When European Central Bank (ECB) president Mario Draghi spoke at 'The ECB and Its Watchers XX' conference in Frankfurt on March 27, he concluded his speech emphasising that, "... the ECB will ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG | FRIDAY, 8 MAR 2019

... dark room you move with tiny steps. You don't run, but you do move, said European Central Bank (ECB) president Mario Draghi. About two months after the ECB ended QE - its â,¬2.6 trillion asset purchase programme on 31 December 2018 - it's launched ...

Chief economist update: Eurozone growth slowing fast

BENJAMIN ONG | WEDNESDAY, 31 OCT 2018

... for a 0.4% expansion and the weakest quarterly growth rate since the June 2014 quarter. To be sure, ECB president Mario Draghi acknowledged at the July ECB meeting that the growth moderation in the first and second quarters of this year was due to the ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG | FRIDAY, 26 OCT 2018

... current heightened volatility on Wall Street that's adding to investor anxiety around the world, ECB President Mario Draghi remains unfazed. "Incoming information, while somewhat weaker than expected, remains overall consistent with an ongoing broad-based ...

Chief economist update: Steady as she goes

BENJAMIN ONG | FRIDAY, 14 SEP 2018

... Eurozone's economic growth has slowed to 2.1% in the June quarter from 2.4% in the March quarter." However, ECB President Mario Draghi has already pencilled this in. In his July Q&A, Draghi admitted that growth has moderated in the first quarter ...

Chief economist update: ECB on track for exit

BENJAMIN ONG | FRIDAY, 27 JUL 2018

... convergence of inflation to levels that are below, but close to, 2% over the medium term." In his Q&A, ECB President Mario Draghi explained that the no change in policy direction is that the "the Governing Council took note that there hasn't been ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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