Sunday, October 26, 2014   

Draghi wants to publish ECB minutes
(04-24 17:35)

European Central Bank head Mario Draghi says the bank's rate-setting council should publish a written account of its deliberations -- without names.
Draghi said Thursday that a "more detailed explanation of the reasoning'' behind bank's decisions would help its monetary policy work its way through to the economy by making clear why the bank was acting -- and how it might react to future trouble.
Draghi said any minutes must omit names to protect the independence of members who could be exposed to national pressures back home. The ECB's 24 governing council members set monetary policy for the 18-country eurozone as a whole, not for their individual country.
Other central banks, like the U.S. Federal Reserve, release minutes with a delay. --AP   
Other Business breaking news:
China and 20 other countries sign up to regional bank (10-24 18:00)
Britain says EU is asking for bigger contribution (10-24 17:49)
British economy grows slower in Q3 (10-24 17:00)
Firm in China's first bond default to be restructured (10-24 16:59)
Hang Seng closes lower (10-24 16:22)
Pearson reports sliding sales (10-24 16:22)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.