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Showing 11 - 20 of 648 results for "ECB"

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
... inflation targets while at the same time that any resurgence in inflation is transitory. The European Central Bank's (ECB) also fighting back, announcing that it would intervene to short-circuit rising bond yields. So has the Bank of Japan (BOJ) ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
The European Central Bank (ECB) didn't disappoint financial markets expecting more goodies in their Christmas stockings. While it kept the price of credit unchanged - repo rate at 0%, marginal lending rate at 0.25% and deposit facility rate at -0.5% ...

Chief economist update: A vaccine and a better vaccine

BENJAMIN ONG  |  TUESDAY, 17 NOV 2020
... index has soared by 65.5% from March. Just last week, US Fed chair Jerome Powell told fellow central bankers at the annual ECB Forum on Central Banking that: "The vaccine is certainly good and welcome news for the medium term, although significant challenges ...

Chief economist update: We're not there yet

BENJAMIN ONG  |  FRIDAY, 13 NOV 2020
"Curb your enthusiasm" was the overriding message from the world's top three central bankers at the annual ECB Forum on Central Banking 2020, held online on November 11-12. The head honchos of the US Federal Reserve, European Central Bank and the ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... businesses in particular have been hit by intensifying virus concerns". At its September meeting, the European Central Bank (ECB) forecast Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. Growth projections for the ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
"The sun did not shine. It was too wet to play. So we sat in the house. All that cold, cold, wet day." - Dr. Seuss They've had their fun in the sun but now, like it or not (certainly not), Europe could well have to sit it out and hibernate for the ...

Chief economist update: RBA negative on negative interest rate policy

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2020
... them further. Instead, they have eased monetary policy settings through other means." True that. The European Central Bank (ECB) took deposit rates down to negative back in 2014 and the Bank of Japan's (BOJ) target rate had been below zero since ...

Chief economist update: Global healing?

BENJAMIN ONG  |  MONDAY, 14 SEP 2020
... in India, among others that are already prompting renewed containment measures. Then again, as the European Central Bank (ECB) staff recently noted, "By virtue of the experience gained on how to deal with the pandemic, these responses are assumed to ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... came, they deliberated, they...well...didn't do anything. At its September 10 meeting, the European Central Bank's (ECB) governing council decided to keep interest rates unchanged - repo rate at 0.00%; marginal lending facility rate at 0.25% ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
... seven years. The size of the NGEU fund was huge, but not "historic" as some headlines put it. The European Central Bank's (ECB) pandemic emergency purchase programme (PEPP) - currently at €1,350 billion - is almost double that. It's not the ...