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Showing 21 - 30 of 82 results for "ECB President"

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
... sustained convergence of inflation to levels that are below, but close to, 2% over the medium term." In his Q&A, ECB President Mario Draghi explained that the no change in policy direction is that the "the Governing Council took note that there hasn't ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... the first time we are hearing about decision to postpone investment, postpone hiring, postpone making decisions." ECB President Mario Draghi: "It's not easy and it's not yet time to see what the consequences on monetary policy of all this can ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
... speculations, recent data indicate that the single currency area's growth momentum is slowing down. This isn't lost on ECB President Mario Draghi. While Draghi offered a sober assessment in his monetary policy statement, "incoming information since our ...

Chief economist update: The euro's doing Trump's work in the Eurozone

BENJAMIN ONG  |  TUESDAY, 27 MAR 2018
... granted a temporary exemption to EU, Argentina, Australia, Brazil, Canada, Mexico and South Korea until May 1 - ECB President Mario Draghi said that while the central bank remains confident that inflation would eventually rise to the ECB's target of ...

Chief economist update: The key to ECB taper

BENJAMIN ONG  |  TUESDAY, 27 FEB 2018
Not a single soul could argue with ECB President Mario Draghi's assessment that "euro area economy is expanding robustly" and neither with his self-congratulatory remark that "our measures have put the euro area economy on a solid growth pathway, driven ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
While none expected a change in monetary policy, not a few anticipated ECB president Mario Draghi to deliver a less dovish message (at the very least) after the European Central Bank's first governing council meeting for 2018. Perhaps, the underlying ...

ECB schedules taper

BENJAMIN ONG  |  FRIDAY, 27 OCT 2017
... Central Bank's (ECB) October monetary policy meeting ended financial market speculations over its QE exit strategy. ECB president Mario Draghi did what he telegraphed he would -- discuss QE unwind strategy in October - and offered something better - ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
... because the ECB is concerned about the durability and sustainability of inflation. This was explicitly stated by ECB president Mario Draghi, in the Q&A forum of his June press conference: "The four conditions are in the definition of our objective, which ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
... contagion faded away - economic activity in the single currency area have gaining momentum. This is a fact not lost on ECB president Marion Draghi who declared after the bank's Governing Council meeting in April that, "It's true that growth is improving ...

The CPI report that confirms all biases

BENJAMIN ONG  |  THURSDAY, 27 APR 2017
... also that the headline inflation and the weighted median rates were below market expectations. Here, let me add ECB president Super Mario's prescient statement in March that rising headline inflation mainly reflected "strong increase in annual energy ...