The European Central Bank’s (ECB) policymakers reassured that they will maintain an accommodative monetary policy for as long as necessary and saw no risk of overheating, the ECB’s March Monetary Policy Meeting Accounts showed on Thursday.
Read More »ECB’s Lagarde: Euro Area Activity Should Pick Up
Pandemic and related containment measures will continue to adversely affect Euro area economic activity in the short term, says the ECB President Christine Lagarde at the 43rd IMFC meeting. “Beyond the short term, Euro area activity should pick up.”“The risks surrounding the Euro area growth outlook have become more balanced.”“Underlying …
Read More »ECB’s Visco Warns That Uneven Vaccination Pace Could Threaten Global Recovery
The irregular pace at which countries are carrying out their vaccination campaigns against COVID-19 poses the biggest threat to a global economic recovery, the European Central Bank Governing Council member and Italian central bank chief Ignazio Visco warned in an interview with the Financial Times. “We need to maintain close …
Read More »ECB: Lagarde Speech Highlights
Christine Lagarde, President of the Europen Central Bank (ECB), is delivering her remarks on the monetary policy outlook in a press conference following the ECB’s decision to leave the policy settings unchanged. “Overal economic situation is expected to improve in 2021.” “Uncertainty remains.” “Persistently high COVID rates, lockdowns weigh on …
Read More »ECB Leaves Key Rates And PEPP Unchanged
The European Central Bank (ECB) decided to leave 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%, respectively, as expected.
Read More »ECB Set to Leave Policy Unchanged: Forecast from 14 major banks
The European Central Bank will announce its policy decision at 12:45 GMT, followed by the ECB President Christine Lagarde’s conference at 1330 GMT. here are the forecasts by the economists and researchers of 14 major banks. Danske Bank “We do not expect new policy decisions, but a reiteration of all …
Read More »ECB’s Weidmann not Worried About Rising Yields
Rising Treasury bond yields in Eurozone are not a reason for concern, according to the President of Deutsche Bundesbank, Germany’s central bank, Jens Weidmann. Weidmann, who also serves as member of the European Central Bank (ECB) Governing Council, said in a TV interview with Bloomberg on Wednesday that he “would …
Read More »ECB Said to See no Need For Drastic Action to Curb Bond Yields
The European Central Bank (ECB) reportedly sees no need for drastic action to curb recent developments in the bond market, Blomberg reports, citing officials familiar with discussions. The officials said that the ECB believes that the risk to the economy is manageable via verbal interventions and QE/PEPP flexibility. “The ECB …
Read More »Lagarde: ECB Closely Monitoring Bond Yields
President of the European Central Bank (ECB) Christine Lagarde told the European Parliament on Monday that the bank is closely watching bond yields to assess financing conditions in the Eurozone and economic recovery from the Coronavirus crisis, Bloomberg reported. “Within the broad-based set of indicators that we monitor to assess …
Read More »ECB Meeting Minutes Highlight Commitment to Stimulus
Minutes of the European Central Bank’s (ECB) January meeting showed a commitment to keeping a steady hand on economic stimulus and efforts to help the European economy recover from the impact of the Coronavirus pandemic. The minutes showed that policymakers believe it will take some time for the stimulus measurements …
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