Sep 19, 2021 04:25 PM IST
Markets have been reacting to every economic indicator -- from inflation to unemployment to consumer spending -- in a guessing game over whether they will make central banks adjust their policies earlier or later than expected.
- Sep 09, 2021 05:44 PM IST
The bank said on Thursday that it could conduct its bond purchase stimulus at “a moderately lower pace” than in recent months. Since March the statement has said that the bank would purchase bonds at a “significantly higher pace” than in the first three months of the year.
- Jul 22, 2021 05:31 PM IST
The 25-member governing council 'expects the key ECB interest rates to remain at their present or lower levels until it sees inflation reaching two per cent well ahead of the end of its projection horizon and durably for the rest of the projection horizon,' the bank said in a statement.
- Jun 11, 2021 03:04 PM IST
"We believe that the steady hand is actually the right response," ECB President Christine Lagarde told a news conference, stressing that tapering, exiting or transitioning away from the 1.85 trillion euro Pandemic Emergency Purchase Programme had not even been discussed.
- Apr 22, 2021 10:56 PM IST
Lagarde stressed the overall situation was still 'clouded with uncertainty', however, due to factors ranging from the possible spread of new virus variants to risks to financing conditions and continued pressures on struggling sectors of the economy.
- Mar 11, 2021 06:53 PM IST
The widely expected move comes after a steady rise in yields since the start of the year that has mostly mirrored a similar move in U.S. Treasuries rather than reflecting improved economic prospects across the euro zone.
- Feb 04, 2021 07:50 PM IST
Here are the main economic issues facing Mario Draghi if he succeeds in forming a new government.
- Feb 03, 2021 06:34 PM IST
Draghi told reporters he accepted the mandate knowing that Italy faces the multiple challenges of a health care crisis, a national vaccination campaign and an economic recession and at the same time will have “extraordinary" resources from the European Union to try to help the economy relaunch.
- Jan 21, 2021 06:47 PM IST
The European economy is going through a rough winter as virus cases and deaths have risen, leading to new restrictions on businesses.
- Dec 10, 2020 07:25 PM IST
The ECB increased the overall size of its Pandemic Emergency Purchase Programme by 500 billion euros to 1.85 trillion euros, in line with market expectations.
- Dec 09, 2020 06:52 PM IST
The European Central Bank could add a half-trillion euros or more to its existing bond purchases.
- Nov 23, 2020 05:10 PM IST
“Corporate vulnerabilities have increased to levels last observed at the peak of the euro area sovereign debt crisis, but remain below levels reached in the aftermath of the global financial crisis,” the ECB said a stability report article.
- Oct 29, 2020 04:41 PM IST
An expanding second wave of infections is threatening to overwhelm Europe before the winter, and Germany and France - the euro zone's two largest economies - announced new lockdowns on Wednesday.
- Sep 10, 2020 06:58 PM IST
The bank’s governing council made the decision Thursday to keep benchmark interest rates, the size of its bond-buying stimulus programs and its outlook unchanged.
- Jul 16, 2020 10:31 PM IST
The US Federal Reserve, European Central Bank, Bank of England, and Bank of Japan joined others in March with a wave of stimulus to stem damage from the coronavirus pandemic.
- Jul 16, 2020 06:17 PM IST
The ECB still made clear it was ready to do more at any point, reaffirming its long-standing guidance to prop up the economy.
- Jun 19, 2020 06:33 PM IST
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.
- Jun 04, 2020 09:00 PM IST
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.
- Jun 04, 2020 06:24 PM IST
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.
- May 29, 2020 04:33 PM IST
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.
- May 22, 2020 08:45 PM IST
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.
- May 06, 2020 08:37 PM IST
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.
- May 06, 2020 10:36 AM IST
German constitutional court ruled it exceeded its powers with its asset purchase scheme.
- May 05, 2020 06:30 PM IST
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.
- May 05, 2020 02:45 PM IST
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.