Tag Archives: ECB

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 …

Germany’s Jens Weidmann, a member of the European Central Bank (ECB) board, believes that scaling back the massive stimulus needs to be step-by-step after reopening and achieving recovery. These are the two prerequisites for reducing the monetary easing policies, according to the governor of the Deutsche Bundesbank, who was speaking …

European Central Bank President Christine Lagarde told European Union leaders that the Eurozone is recovering faster than previously expected, but still needs continued fiscal and monetary support so that the coronavirus pandemic does not leave a permanent scar. “Continued support of fiscal and monetary policy will be needed to avoid …

President of the European Central Bank (ECB), Christine Lagarde, believes that the coronavirus pandemic is still impacting the Eurozone. Speaking to the European Parliament on Monday, Lagarde expected a quick rebound in economic growth on the back of recovery in consumer spending, Reuters reported. “While on the downside, the spread …

The European Central Bank (ECB) has extended a EUR 70 billion capital relief measures for Eurozone banks for another nine months. ECB will allow 39 banks to continue excluding holdings at central banks in calculating the mandatory leverage ratios. The measure which helps lenders supply credit amid recovery from the …

Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her comments on the monetary policy outlook in a press conference following the ECB’s decision to leave the policy settings unchanged in June. Here are the most important quotes from her speech. “We are somewhat more optimistic about the …

Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her comments on the monetary policy outlook in a press conference following the ECB’s decision to leave the policy settings unchanged in June. Here are the most important quotes from her speech “We expect growth to improve strongly in …