Mario Draghi leaves as head of the European Central Bank credited with having rescued the eurozone from disaster with a well-timed phrase and bold action to back up his words. He expanded the bank’s arsenal of crisis-fighting tools with new and unconventional policies, measures that he and others say helped end a financial crisis in […]
The European Central Bank joined the U.S. Federal Reserve in saying that more stimulus could be coming soon to support an economy weakening in the face of global tensions over trade. The ECB said Thursday after a policy meeting that it could cut interest rates as its next move and was studying ways to restart […]