Draghi cited lower borrowing costs, rising credit volumes and better access to loans for small businesses as signs that QE is having a positive effect
1 min read10 Oct 2015Euro was last off 0.4% at $1.1034 after striking a fresh 11-1/2-year low of $1.1007 during a news conference by ECB chief Draghi
1 min read5 Mar 2015The bank is hoping that pumping new cash into the sagging euro zone economy will boost growth and lift inflation
1 min read5 Mar 2015QE was a gamble, and it's too soon to be sure of the results; nonetheless, the Fed was right to take the risk
2 min read30 Oct 2014Fed reiterates it would likely keep interest rates near zero for a considerable time after its bond buying ends
2 min read31 Jul 2014The MSCI world equity index falls 0.6% after Janet Yellen said the Fed might end its bond-buying programme this autumn
3 min read20 Mar 2014US economy grows 2.5% in second quarter, bolstering the case for the Federal Reserve to wind down a major economic stimulus programme
2 min read29 Aug 2013The Fed chairman urged lawmakers to avoid sharp spending cuts set to go into effect on Friday
3 min read26 Feb 2013The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared