Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Interest Rates

News : Interest Rates
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

ECB's Draghi faced pushback from heavyweights on new bond buys - sources

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/12/2019 | 12:23pm EDT

FRANKFURT (Reuters) - European Central Bank President Mario Draghi faced pushback from the representatives of Germany and France as well as at least one of his own board members on Thursday when he pushed for resuming the ECB's bond-buying programme, three sources told Reuters.

The heads of the Bundesbank, Jens Weidmann, and the Banque de France, Francois Villeroy de Galhau, as well ECB board member Benoit Coeure, once seen as a key Draghi ally all disapproved of the decision, the sources, who asked not to be named, said.

But they were eventually outnumbered and the issue was not put to the vote.

The ECB, the Bundesbank and the Banque de France all declined to comment.

(Reporting by Francesco Canepa, Frank Siebelt and Balazs Koranyi)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Interest Rates"
01:06aDivided Fed set to cut interest rates this week, but then what?
RE
09/16FedEx to increase shipping rates across units in 2020
RE
09/16ECB won't hit bond buying limits for "extended period of time" - Lane
RE
09/16German finance minister told banks not to hit savers with negative rates - Bild
RE
09/16Taiwan central bank seen leaving rates steady as export view perks up
RE
09/15Indonesia central bank says intervenes in bond market to keep rupiah stable
RE
09/13Global stocks, bond yields lifted by U.S.-China trade hopes
RE
09/13Global stocks, bond yields lifted by U.S.-China trade hopes
RE
09/13Global stocks, bond yields lifted by U.S.-China trade hopes
RE
09/13Argentine bonds dip, black market peso breaks away further from spot rate
RE
Latest news "Interest Rates"