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Showing 41 - 50 of 90 results for "Governing Council"

Low-flation at the core

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
Low-flation at the core The European Central Bank's (ECB) governing council decided to keep monetary policy steady - refinancing rate at 0%, deposit rate at -0.4%, marginal lending facility at 0.25% -- while at the same time confirming that its asset ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 DEC 2016
... 0.25%; and asset purchases at €80 billion until the end of March 2017 - at the conclusion of its 8 December governing council meeting. However, the ECB also announced that, "From April 2017, our net asset purchases are intended to continue at a monthly ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 21 OCT 2016
... ECB monetary policy decision The European Central Bank (ECB) kept monetary policy unchanged at its 20 October governing council meeting, marking the six straight month that it has held the repo rate steady at 0% and the deposit and lending rates at -0.4% ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 SEP 2016
... sheet. ECB policy As widely expected, the European Central Bank (ECB) kept policy unchanged at its September Governing Council meeting - the fifth straight month of unchanged monetary settings. The repo rate remained at 0% while the deposit and lending ...

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
... August. Perhaps it was much too early but the European Central Bank (ECB) opted not to start running when at its governing council meeting on 21 July, it left monetary policy unchanged - refinancing rate at 0; deposit rate at minus 0.4%; marginal lending ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 3 JUN 2016
... Mario Draghi stressed that, "looking ahead, taking into account the current outlook for price stability, the Governing Council expects the key ECB interest rates to remain at present or lower levels for an extended period of time, and well past the horizon ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 19 MAY 2016
... increased by 28.0% year-on-year last month while those in Beijing rose by 18.3%. Eurozone inflation After the ECB governing council met and kept policy unchanged last month, ECB president Mario Draghi remarked that the current policy is working but that ...

Four bazookas and a phrase

BENJAMIN ONG  |  FRIDAY, 11 MAR 2016
... and "...are intended to run until the end of March 2017, or beyond, if necessary, and in any case until the Governing Council sees a sustained adjustment in the path of inflation consistent with its aim of achieving inflation rates below, but close to ...

Did ECB under-deliver or markets over-expect?

BENJAMIN ONG  |  FRIDAY, 4 DEC 2015
... markets have been eagerly awaiting (and rubbing their palms at the same time) this meeting - the 3 December ECB Governing Council meeting - ever since the ECB President promised at his 22 October press conference in Malta that, "The degree of monetary ...

Super Mario returns fire

BENJAMIN ONG  |  FRIDAY, 4 SEP 2015
... end-September 2016 "or beyond, if necessary" - and that, "we'll closely monitor all incoming information and the Governing Council wanted to emphasise in the discussion we had today its willingness to act, its readiness to act and its capacity to act ...