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Showing 11 - 20 of 82 results for "ECB President"

Chief economist update: Eurozone contraction heads from mild to severe

BENJAMIN ONG  |  THURSDAY, 28 MAY 2020
... the ECB forecast GDP growth to contract between 5% (mild scenario) and 12% (severe) in 2020. However, on May 27, ECB president Christine Lagarde told the audience at the 'European Youth Dialogue 2020' conference that the "mild" scenario is already ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... Central Bank's (ECB) first Governing Council meeting for 2020 - Madam Christine Lagarde's second meeting as ECB president - provided little excitement. It's steady as it was... The ECB kept monetary policy unchanged. "The interest rate on ...

Chief economist update: Changing to Lagarde

BENJAMIN ONG  |  FRIDAY, 13 DEC 2019
... accommodation." To be sure, not even Christine Lagarde wants to come out with all guns blazing in her debut as the new ECB president; nor was there urgent need to do so. The December 2019 Eurosystem staff macroeconomic projections for the euro area was ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... again put pressure on the ECB, prompting the latest increase in policy stimulus measures. It's now up to new ECB president Lagarde to try and finish what Mario has started. Arrivederci Signor Draghi.

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... world's biggest central banks, presiding over a fast slowing economy and running out of time. Such is departing ECB president Mario Draghi's predicament. Listed as the 8th most powerful person in the world by Forbes in 2014, ranked as world's ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... to mitigate the growing risks to growth and inflation." The article contained two mea culpas: (one) an erratum - ECB president Marion Draghi's last day at the office is 31 October 2019 and not September as implied in the article - and (two) - underestimating ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... indications and suggestions embedded in the ECB statement, as it's been overtaken by events - or more to the point, ECB president Mario Draghi's speech at the ECB Forum on Central Banking in Sintra, Portugal on June 18. 'Twas here that Draghi ...

Chief economist update: Eurozone growth slowing fast

BENJAMIN ONG  |  WEDNESDAY, 31 OCT 2018
... expectations for a 0.4% expansion and the weakest quarterly growth rate since the June 2014 quarter. To be sure, ECB president Mario Draghi acknowledged at the July ECB meeting that the growth moderation in the first and second quarters of this year ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
... Despite the current heightened volatility on Wall Street that's adding to investor anxiety around the world, ECB President Mario Draghi remains unfazed. "Incoming information, while somewhat weaker than expected, remains overall consistent with an ...

Chief economist update: Steady as she goes

BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
... Eurozone's economic growth has slowed to 2.1% in the June quarter from 2.4% in the March quarter." However, ECB President Mario Draghi has already pencilled this in. In his July Q&A, Draghi admitted that growth has moderated in the first quarter ...