Lorenzo Bini Smaghi

ECB steps up recession fight

The European Central Bank (ECB) on Thursday announced a raft of measures, including outright purchases of corporate debt, to embolden its response to the eurozone recession.

Trichet says shush on possible new tools

Jean-Claude Trichet, the president of the European Central Bank (ECB), has said that the Governing Council's omerta on interest rates a week before meetings must be extended to include possible additional tools that may be announced next Thursday.

ECB's Bini Smaghi: go easy with easing

It is unsound to ease monetary policy too much too soon, even when insuring against the worst-case deflationary scenario, said Lorenzo Bini Smaghi, a member of the European Central Bank's executive board.

Orphanides comments highlight ECB divide

Comments by the governor of the Central Bank of Cyprus on Wednesday underlined the split between members of the European Central Bank's (ECB) Governing Council on whether eurozone interest rates should fall to zero.

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