Tag Archives: ECB

Reuters reported on Friday that European Central Bank policymakers do not expect to decide on potential changes to the pandemic emergency purchase program (PEPP) at its September meeting, citing three sources familiar with the matter. Sources also indicated that a decision on PEPP would likely be made in October or …

The Euro (EUR) declined on Thursday against the U.S. Dollar (USD), after the European Central Bank (ECB) announced new monetary policy targets that suggest extending support for longer to ensure the Eurozone economic recovery while boosting inflation that has been low for nearly a decade. The EUR/USD pair declined by …

The European Central Bank’s meeting today, Thursday, July 22, was quiet but announced new monetary policy targets that suggest extending support for a longer time to the eurozone economy while boosting inflation, which has been low for nearly a decade from its 2% target. The bank said it expects interest …

The European Central Bank decided to keep its monetary policy unchanged as widely expected in today’s meeting. The ECB left the interest rates on the main refinancing operations, the marginal lending facility, and the deposit facility unchanged at 0.00%, 0.25%, and -0.50%. EUR/USD remained close to the 1.1800 handle, unaffected …

Financial technology has led to huge developments in the industry over the past decades, and one area in particular that is currently attracting growing interest from central banks around the world is digital currencies. The European Central Bank (ECB) has already launched a project to create a digital version of …

The European Central Bank (ECB) is expected to lay out a new policy path during its upcoming meeting after a change in its inflation strategy. The central bank is now able to tolerate inflation higher than the 2% target, keeping in mind that it does not plan to end the …

The European Central Bank (ECB) released the accounts of its June monetary policy meeting on Friday, with the key highlights found below, per Reuters. Concerns expressed that any change in net purchases not based on improvement in inflation outlook would lead to unwarranted tightening of financial conditions.Financing conditions were assessed …

European Central Bank President Christine Lagarde has said that the new 2% symmetric inflation target means that level is not a ceiling. The ECB abandoned its “below, but close to 2%” target in its strategic review published earlier.

The European Central Bank has shifted to a symmetric inflation target of 2% contrary to a ceiling at that level, the decision was fully expected by markets. The ECB stated it would allow short-term deviations from that goal, including a moderate spell above target. This is a step back from …

The European Central Bank (ECB) announced on Monday that it bought a net 13.17 billion euros of assets last week as part of its quantitative easing program, compared to 31.9 billion euros a week earlier, as reported by Reuters. “ECB bought a net 453 mln euros of corporate bonds in …