Economic growth

More stimulus could be on its way to the euro zone

European Commission President Jean-Claude Juncker (L) and President of the European Central Bank Mario Draghi
European Commission President Jean-Claude Juncker (L) and President of the European Central Bank Mario Draghi. Photo: Frederick Florin/AFP/Getty Images

European Central Bank President Mario Draghi gave hints that he may continue the central bank's bond-buying program through this year, saying the economy of the 28-member bloc is weaker than he previously expected.

What's happening: The central bank just last month began to phase out its bond purchase stimulus program that has totaled 2.5 trillion euros, in a first step toward higher interest rates. Interest rates on some deposits are still negative in the euro zone.

The recession alarms are ringing

Gif of alarm bell being put on silent
Illustration: Aïda Amer/Axios

Economic data is pointing downward and investor sentiment is turning negative.

Driving the news: Perhaps most worrisome is the massive pile of highly leveraged debt that continues to grow. Bank of America-Merrill Lynch's monthly survey of fund managers finds that, for the first time since 2009, corporate leverage is the top concern among investors surveyed.

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