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Feb 03, 2020 09:03 AM IST 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
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Jan 24, 2020 12:45 PM IST "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."
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Jan 23, 2020 10:32 PM IST 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.
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Jan 08, 2020 10:32 PM IST "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.
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Dec 16, 2019 04:52 PM IST Fiscal policy has come to centre of the macroeconomics world, which has long been dominated by monetary policy
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Dec 04, 2019 11:53 AM IST From a hands-off approach to a gradual embrace, central banks are fighting a pitched battle to assert their digital monetary supremacy
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Oct 29, 2019 11:36 AM IST 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.
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Sep 10, 2019 09:25 PM IST Germany's 30-year benchmark bond yield briefly broke into positive territory for the first time in more than a month, while U.S. Treasury yields climbed to 18-day highs.
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Sep 03, 2019 07:20 PM IST With economic growth slowing as a global trade war threatens to escalate, the ECB has all but promised to announce more stimulus after its September 12 meeting, leaving markets only to guess about the composition of the expected package.
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Jul 30, 2019 12:08 PM IST The signs of an economic slowdown are hard to miss.
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Jul 25, 2019 05:58 PM IST The ECB, which kept interest rates unchanged for now, said it saw rates at present or lower levels through mid-2020, giving up a previous pledge to keep rates unchanged through next June.
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Jul 16, 2019 08:58 PM IST Lagarde said in a statement her resignation was effective September 12, opening the way for the IMF to choose its next leader.
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Jun 20, 2019 03:45 PM IST Rehn, who is seen as a possible successor to Mario Draghi as head of the ECB, said he was "concerned" by the current economic situation in the euro zone, which is currently battling with low inflation and weak growth.
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Jun 19, 2019 08:59 AM IST Central banks will once again ride to the rescue, but monetary policy impotence is an increasing risk
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Jun 18, 2019 08:32 PM IST The problem is that with rates at record lows and the ECB's balance sheet already swelled to 4.7 trillion euros ($5.3 trillion), its remaining ammunition is limited, raising doubts about the likely effectiveness of any further measures.
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Jun 18, 2019 03:10 PM IST Eurostat said prices in the 19-country currency bloc went up by 1.2% on the year, slowing from 1.7% in April. It was the lowest growth rate since April 2018 when inflation was also recorded at 1.2%.
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Jun 18, 2019 01:47 PM IST He added there was still "considerable headroom" for more asset purchases and "further cuts in policy interest rates and mitigating measures to contain any side effects remain part of our tools".
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Jun 09, 2019 12:50 PM IST The ECB said on June 6 that its interest rates would stay "at their present levels" until mid-2020 but President Mario Draghi added rate setters had started a discussion about a possible cut or fresh bond purchases to stimulate inflation.
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Jun 06, 2019 07:07 PM IST The euro zone's central bank had previously said rates would stay at their current record-low levels until the end of this year, although investors have not been expecting any rate change for years to come.
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Jun 04, 2019 03:30 PM IST Inflation in the 19 countries sharing the euro fell to 1.2% in May from 1.7% in April, missing expectations for 1.3% and more than reversing a one-off surge related to the timing of Easter.
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May 29, 2019 03:21 PM IST Among other factors such as Brexit and weakness in emerging markets, trade tensions between Brussels, Washington and Beijing were behind a slowdown in the euro area in the second half of 2018.
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Apr 05, 2019 08:55 AM IST That change comes only a few months after the central bank shut its monthly asset purchases, known as quantitative easing (QE), and March's offer of new long-term loans, or TLTROs, to start in September.
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Apr 01, 2019 12:41 PM IST Repeating the ECB standard line on uncertainty, she added that the threat of protectionism and Brexit are also weighing on sentiment and thus on growth and inflation.
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Mar 07, 2019 09:53 PM IST ECB President Mario Draghi said that, unusually, the central bank had not changed its assessment that risks were balanced to the downside despite the policy changes.
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Oct 16, 2018 10:42 AM IST Having bought more than 2.6 trillion euros worth of mostly government bonds since March 2015, the ECB has been slowly trimming back its purchases, hoping it has already done enough to bolster growth and inflation.