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Showing 21 - 30 of 45 results for "ECB President Mario Draghi"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 22 APR 2016
... corporate bonds under the corporate sector purchase programme (CSPP). In his introductory statement, ECB president Mario Draghi announced that the ECB expects interest rates "to remain at present or lower levels for an extended period of time, and well ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
... tried, and he tried but he can't get no satisfaction, oh no, no. no. For all intents and purposes, ECB President Mario Draghi over-delivered on the eagerly-awaited stimulus promised two months ago. He came in firing not with one... but four bazookas ...

A "must do" for the ECB

BENJAMIN ONG  |  TUESDAY, 1 MAR 2016
Latest euro area inflation data released by Eurostat has all but ensured that ECB President Mario Draghi will make good on his 21 January promise to "...reconsider our monetary policy stance at our next meeting in early March" aka increase policy stimulus. ...

It's "whatever it takes" time again

BENJAMIN ONG  |  FRIDAY, 22 JAN 2016
... in order to secure a return of inflation rates towards levels below, but close to, 2%" In his Q&A, ECB President Mario Draghi even stressed that, "we have the power, the willingness and the determination to act. There are no limits to how far we are ...

Lesson in expectations management

BENJAMIN ONG  |  FRIDAY, 18 DEC 2015
... at how deftly Fed Chair Janet Yellen pulled lift-off off - more so, if viewed in contrast with the ECB President Mario Draghi's disastrous handling of his own "policy announcement" on 3 December. The Fed's decision to take the fed funds rate off virtual ...

Market to open higher

AAP  |  THURSDAY, 4 JUN 2015
... to modest-to-moderate growth during April and May after stalling in the first quarter of the year. ECB President Mario Draghi praised the bank's stimulus policies and said there were no plans to end them more quickly than planned. "As long as you have ...

The die is cast

BENJAMIN ONG  |  TUESDAY, 10 MAR 2015
... what Julius Caesar exclaimed when he crossed the river Rubicon back in 49 BC. The same phrase that ECB president Mario Draghi must be uttering to himself as he began spending the first euro of his a,-60 billion a month quantitative easing programme today. ...

Deflation is the Darth Vader of the economy

BENJAMIN ONG  |  THURSDAY, 29 JAN 2015
... dissipate". This gave me an eerie sense of dA(C)jA vu. For it was around this time last year, in Davos, that ECB president Mario Draghi also poo-poohed the risk of deflation. This was Rueters' headline on 24 January 2014, "ECB's Draghi doesn't see deflation ...

A trillion euros is in the mail

BENJAMIN ONG  |  FRIDAY, 7 NOV 2014
... expected a,-1 trillion expansion in the European Central Bank's (ECB) balance sheet has just become fact - ECB President Mario Draghi promised - and it's unanimous. Most would have probably read the ECB statement by this time - and the various spins ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
... In fact, the ECB is set to announce the details of its recent policy easing measures later tonight. ECB president Mario Draghi only last night reiterated his pledge "...to deliver our most important commitment, which is to bring inflation back close ...