european central bank
Jump to
1187 Results Found
  • ECB's Lagarde urges quick EU recovery plan as economy in 'dramatic fall' Jun 19, 2020 06:33 PM IST

    ECB's Lagarde urges quick EU recovery plan as economy in 'dramatic fall'

    Lagarde addressed EU leaders, meeting by videoconference to wrangle over how to engineer a recovery from the deep recession caused by three months of coronavirus lockdowns in most European countries.

  • ECB sees big 2020 recession, partial rebound next year Jun 04, 2020 09:00 PM IST

    ECB sees big 2020 recession, partial rebound next year

    In what ECB President Christine Lagarde described as a baseline scenario, the ECB sees the bloc's economy shrinking by 8.7 percent this year after much of Europe was shut down for over two months this spring to halt the coronavirus outbreak.

  • European Central Bank nearly doubles coronavirus pandemic support scheme Jun 04, 2020 06:24 PM IST

    European Central Bank nearly doubles coronavirus pandemic support scheme

    The central bank for the 19 countries that use the euro also extended its monetary stimulus program to at least the end of June next year, from the end of 2020 currently.

  • Euro zone companies tap banks for cash to survive pandemic May 29, 2020 04:33 PM IST

    Euro zone companies tap banks for cash to survive pandemic

    Lending growth to non-financial corporations accelerated to 6.6 percent in April, its fastest rate in over 11 years, from 5.5 percent a month earlier, the data showed.

  • European Central Bank minutes hint at more policy easing in June May 22, 2020 08:45 PM IST

    European Central Bank minutes hint at more policy easing in June

    Arguing that a "V"-shaped recovery was unlikely as movement restrictions may be lengthy, policymakers highlighted flexibility in the bank's 750 billion euro Pandemic Emergency Purchase Scheme, its flagship bond buying scheme during the crisis.

  • As central banks break the junk debt barrier, investors will follow May 06, 2020 08:37 PM IST

    As central banks break the junk debt barrier, investors will follow

    The Fed also said it would buy exchange-traded funds that hold high-yield debt, while the European Central Bank may also eventually adopt outright purchases of high-yield bonds.

  • ECB committed to easy policy even after court ruling May 06, 2020 10:36 AM IST

    ECB committed to easy policy even after court ruling

    German constitutional court ruled it exceeded its powers with its asset purchase scheme.

  • German court hands ECB three-month ultimatum to justify stimulus scheme May 05, 2020 06:30 PM IST

    German court hands ECB three-month ultimatum to justify stimulus scheme

    The verdict deals a blow to the 2-trillion-euro Public Sector Purchase Programme (PSPP) credited with keeping the euro zone economy afloat over the past five years.

  • Quick economic bounce-back post-corona unlikely: Jens Weidmann May 05, 2020 02:45 PM IST

    Quick economic bounce-back post-corona unlikely: Jens Weidmann

    But Weidmann, who also sits on the European Central Bank's rate-setting Governing Council, said that he did expect a sustained recovery once the pandemic was fully overcome.

  • Central banks' pandemic battle could stretch into an infinity war May 04, 2020 06:59 PM IST

    Central banks' pandemic battle could stretch into an infinity war

    In the extreme case that a recurring virus requires further damaging lockdowns, the US Federal Reserve and its peers float the whole boat -- government debt, corporate debt, perhaps even financing for mortgages and paychecks.

  • Christine Lagarde sees ECB in crisis mode until next year Apr 30, 2020 09:37 PM IST

    Christine Lagarde sees ECB in crisis mode until next year

    The slowdown, also marked by rapidly deteriorating labour markets, is likely to steepen before the recovery phase kicks in, she told the bank's post-policy meeting news conference.

  • World stocks trim record monthly gains as ECB PEPP talk falls flat Apr 30, 2020 07:36 PM IST

    World stocks trim record monthly gains as ECB PEPP talk falls flat

    More caution was evident in other asset classes, with the dollar steady against most of the other major currencies and German Bund yields - which move inversely to prices - dipping to a one-month low ahead of the expected ECB moves.

  • Euro zone economy set for deepest recession on record: Reuters poll Apr 22, 2020 10:34 PM IST

    Euro zone economy set for deepest recession on record: Reuters poll

    The latest Reuters poll, taken April 14-22, showed the bloc's economy contracting by 3.1 percent in the first quarter and 9.6 percent in the current quarter.

  • ECB to print 1 trillion euro this year to stem coronavirus rout Mar 19, 2020 07:25 AM IST

    ECB to print 1 trillion euro this year to stem coronavirus rout

    With much of Europe in lockdown amid the coronavirus outbreak, economic activity has come to a near standstill and markets have been in a tailspin, foreshadowing a deep recession on par with the 2008 global financial crisis and raising questions about the euro zone's cohesion at times of stress.

  • ECB lends banks $112 billion to ease funding stress Mar 18, 2020 05:25 PM IST

    ECB lends banks $112 billion to ease funding stress

    The ECB said it had allotted $75.82 billion in its new 84-day auction, introduced by major central banks last weekend in response to global demand for greenbacks, and $36.27 billion at its regular 7-day tender.

  • ECB ramps up stimulus in coronavirus fight but stops short of rate cut Mar 12, 2020 09:30 PM IST

    ECB ramps up stimulus in coronavirus fight but stops short of rate cut

    ECB President Christine Lagarde told a news conference the virus would have a "significant impact on economic activity" even if it is ultimately temporary in nature and called for "an ambitious and coordinated fiscal policy response".

  • Italy sell-off brings doom-loop back to fore, ups ante for ECB Mar 09, 2020 09:52 PM IST

    Italy sell-off brings doom-loop back to fore, ups ante for ECB

    On Monday, Italian banking stocks slid more than 12 percent and investors rushed to insure their exposure to the sector, driving up credit default swaps (CDS) for banks such as UniCredit and Intesa Sanpaolo by more than 40 basis points.

  • ECB holds emergency meeting on coronavirus but leaves out policy Mar 04, 2020 05:30 PM IST

    ECB holds emergency meeting on coronavirus but leaves out policy

    The sources acknowledged the ECB was under increasing pressure to lower its policy rate further after a surprise Federal Reserve cut on March 3.

  • Euro zone inflation pressures building but only slowly: European Central Bank chief economist Feb 03, 2020 09:03 AM IST

    Euro zone inflation pressures building but only slowly: European Central Bank chief economist

    Euro zone inflation has undershot European Central Bank's target of almost 2 percent for seven years. Some academics argue that the nature of inflation has perhaps changed, making super-low consumer price growth the new norm

  • ECB policy is not on 'autopilot': Christine Lagarde Jan 24, 2020 12:45 PM IST

    ECB policy is not on 'autopilot': Christine Lagarde

    "To think it's autopilot, that's ridiculous," Lagarde said on Bloomberg TV. "There's a forward guidance which is strong, which is setting a very clear timetable but it's fact dependent. Let's look at the facts, let's look at how the economy evolves."

  • ECB's Lagarde launches policy overhaul that will leave no stone unturned Jan 23, 2020 10:32 PM IST

    ECB's Lagarde launches policy overhaul that will leave no stone unturned

    Lagarde said that aim will now be reviewed, along with the ECB's toolkit, how it measures price growth and how it communicates with the public.

  • ECB's Lagarde warns 11 months could be tight for a Brexit deal Jan 08, 2020 10:32 PM IST

    ECB's Lagarde warns 11 months could be tight for a Brexit deal

    "The UK is due to leave the European Union on 31 January 2020. This means one less uncertainty, which is good news for investors. That said, the biggest challenge is yet to come namely the issue of reaching a trade deal between London and the EU during the 11 month transition period," she said.

  • Can fiscal policy save the economy? Many think so Dec 16, 2019 04:52 PM IST

    Can fiscal policy save the economy? Many think so

    Fiscal policy has come to centre of the macroeconomics world, which has long been dominated by monetary policy

  • Who will be the king of digital currency? Bets are off Dec 04, 2019 11:53 AM IST

    Who will be the king of digital currency? Bets are off

    From a hands-off approach to a gradual embrace, central banks are fighting a pitched battle to assert their digital monetary supremacy

  • Mario Draghi leaves Christine Lagarde to heal rift at European Central Bank Oct 29, 2019 11:36 AM IST

    Mario Draghi leaves Christine Lagarde to heal rift at European Central Bank

    The 72-year-old Italian banker is widely credited with saving the euro zone from collapse, but some critics say he also overpowered opponents and tended to front-run the bank's monetary policy in public.

Sections