Deflation is a four-letter word in finance, largely because it is so difficult to recover from.
Falling consumer prices, particularly in Europe, are adding to fears that inflation won't speed up and lift the world economy.
The purchase plan may include risky loans, which would cause tension between the ECB and some member countries.
The professional services firm forecasts that retail sales will grow at least 4 percent this season vs. 2.8 percent last season.
Draghi has in recent days signaled the bank was ready to use additional unconventional tools to spur inflation and growth.
The doves remain in solid control of the U.S. central bank, meaning more cheap money for Wall Street.
Earnings rose the most in two years, but economists still say growth is soft and a bit disappointing.
While the U.S. debates raising minimum wages, its Southern neighbors are doing just that -- but inflation may make their efforts in vain.
The U.S. Federal Reserve could signal the timing of its first interest-rate increase in more than eight years Wednesday.
The U.S. dollar was riding high in Asia on Friday as incessant speculation about the outlook for U.S. interest rates undermined commodity prices and unwound leveraged trades in higher-yielding currencies.
Investors will parse the central bank's words closely for any clues on the timing of the first U.S. rate hike in more than eight years.
The world's economists worry that while the worst of the financial crisis is past, hurdles remain in the path of vibrant and sustainable growth.
Unemployment dipped but that was largely due to Americans leaving the labor force, a troubling sign for the state of the economy.
The European Central Bank unexpectedly slashed its benchmark rates Thursday as the continent struggles to boost economic recovery.
Continued cautious household spending could hold back economic growth this fall.
With sanctions and bans affecting key sectors, the growth forecast for 2015 has been halved.
The U.S. Federal Reserve has not boosted its interest rates since 2006.
The ECB's Mario Draghi says politicians should be doing more to reduce unemployment rates in the Eurozone.
Raising rates too quickly could weaken the job market as money to expand and create jobs becomes more expensive, Yellen said.
Here are the five biggest takeaways from Federal Reserve Chair Janet Yellen’s speech at the Jackson Hole Economic Policy Symposium.
Fed Chair Janet Yellen opened the Jackson Hole conference on Friday.
The median income in the U.S. has risen for the last three years, according to a new report, but hasn't recovered to pre-recession levels.