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Showing 31 - 40 of 655 results for "ECB"

Chief economist update: Eurozone good news to get worse before it gets better

BENJAMIN ONG  |  TUESDAY, 5 MAY 2020
... to -8.8% y/y." Overlayed against all these is the ECB's reluctance to do whatever it takes. At its April meeting, the ECB left its key policy settings on hold and did not expand QE.

Australia versus the world

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... and Europe face much larger challenges with public debt burdens and 'moral hazard' issues associated with Fed and ECB 'unconventional' policies." Miller said the build-up in non-financial corporate leverage was the clearest area of potential ...

Opportunities in fixed interest during crisis

ALLY SELBY  |  TUESDAY, 7 APR 2020
... US-style spreads into our portfolios by buying names that we know the Fed, the Bank of England and the European Central Bank (ECB) are going to be buying." It has also been buying "high quality corporates" such as McDonalds, Coles and Apple. Despite ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... Euro Stoxx-50 has dropped by 28.9%, giving up all its 2019 gains (24.8%), and then some. While the European Central Bank (ECB) has kept policy interest rates unchanged to date, it has announced several accommodative policy measures, including increased ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... have described him as 'super', but I've already used that moniker in reference to former European Central Bank (ECB) president Marion Draghi when he did "whatever it took" to save the splintering of the single currency region from splintering ...

Chief economist update: Cash splash

BENJAMIN ONG  |  FRIDAY, 20 MAR 2020
... in the months running up to the collapse of Lehman Brothers in 2008." The latest policy responses, according to Factset : "ECB added €750B to its QE program, bring its planned purchases for the year to over €1T. Fed unveiled another facility to boost ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... maturities of five to ten years in an unscheduled move. It also said it would inject an additional ¥1.5T in two-week lending. ECB chief economist Lane said in a blog post central bank will not tolerate any risks to smooth transmission of its policy ...

Chief economist update: The corona crash of 2020

BENJAMIN ONG  |  FRIDAY, 13 MAR 2020
... £30 billion (US$58.4 billion). Although it kept interest rates unchanged at its March meeting, the European Central Bank (ECB) expanded its asset purchases by €120B until end-2020, as well as announcing "more favorable TLTRO terms from June 2020 to ...

Chief economist update: The cure for Italy's tourism problem

BENJAMIN ONG  |  WEDNESDAY, 11 MAR 2020
... least over the next two quarters. The hope is that the Italian government's new license to spend - even coaxed by the ECB and the EU - would help mitigate the downdraft inflicted by the virus.

Chief economist update: Welcome to the day after tomorrow

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2020
... 2.1% -- may give other central banks (especially those that have already ran out of interest rate ammo like the BOJ and the ECB) expecting to "coordinate" policy responses, pause for thought. For as Fed chair Jerome Powell explained in his press conference ...