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Showing 11 - 19 of 19 results for "TLTRO II"

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
If there's anything that's 100% certain, it is that the European Central Bank (ECB) will keep current interest rate settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40%. Although, given the mounting ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
The last time we heard some sort of policy guidance from the Bank of Japan (BOJ) was in early February this year when governor Haruhiko Kuroda was quoted as saying that: "If (currency moves) are having an impact on the economy and prices, and if we ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
Uh-OMG-oh! Long-time and loyal readers would have probably noticed my change in tune over the past few weeks - from a mini-me Dr. Doom to a prophet of boom - based on the rationale that the world's major central banks have toned down and/or reversed ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
"The fact that the climate has become more uncertain doesn't mean one has to stay put - you do what you think is right... In a dark room you move with tiny steps. You don't run, but you do move, said European Central Bank (ECB) president Mario ...

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
... longer-term refinancing operations) as soon as next month or early next year - the ECB announced TLTRO I on 5 June 2014 and TLTRO II on 10 March 2016 (expected to mature in June 2020). In case you've already forgotten, the ECB's website offers ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
... policy easing initiatives - the corporate sector purchase programme (CSPP) and the targeted longer-term repo operations (TLTRO II) - have only unleashed in June. The Fed was another non-starter and the kept the ECB company on the bench. However, unlike ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... confirming the commencement of corporate bond purchases on the 8th of June and targeted longer-term refinancing operations (TLTRO II) on the 22nd of this month. The June 2016 Eurosystem staff macroeconomic projections show real GDP will grow by 1.6% ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 22 APR 2016
... decided on 10 March 2016." In June, the ECB will commence operation of its targeted longer-term refinancing operations (TLTRO II) purchases of corporate bonds under the corporate sector purchase programme (CSPP). In his introductory statement, ECB president ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
... added to the existing list that includes government bonds, bank issued covered bonds and asset asset-back securities. TLTRO II. "...we decided to launch a new series of four targeted longer-term refinancing operations (TLTRO II), starting in June 2016 ...
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