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Showing 51 - 60 of 622 results for "European Central Bank"

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: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
Super Mario's back to doing whatever it takes. When European Central Bank (ECB) president Mario Draghi spoke at 'The ECB and Its Watchers XX' conference in Frankfurt on March 27, he concluded his speech emphasising that, "... the ECB will ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... at neutral. The Reserve Bank of Australia (RBA) shifted its policy stance from tightening to neutral; the European Central Bank (ECB) launched TLTRO III this month (just two months and a bit after ending its â,¬2.6 trillion asset purchase programme ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... 2018 (that's done) and forward guidance for another three this year; policy exit speculations from the European Central Bank (ECB) and the Bank of Japan (BOJ); and, hawkish policy leanings from the Bank of England ("an ongoing tightening of monetary ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
... 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 Draghi. About two months after the ECB ended QE - its â,¬2.6 trillion asset purchase programme on 31 ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
... and upwards towards normalisation to one that would be "patient and flexible". Early last year, both the European Central Bank (ECB) and the Bank of Japan (BOJ) were expected to announce exit policies - both are now expected to keep policy settings on ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... currencies, such as the euro. The euro's 4.5% depreciation versus the greenback last year has allowed the European Central Bank to end its asset purchase programme at the end of 2018. The euro's now appreciating as a result of the Fed's shift in stance. ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
The European Central Bank (ECB) delivered on its promise. While it kept interest rates unchanged - repo rate at 0%; deposit facility rate at -0.4%; marginal lending facility rate at 0.25% - at its December 13 Governing Council meeting, it also confirmed ...

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
Minutes of the European Central Bank's (ECB) 24-25 October Governing Council meeting confirmed that it remains on track to end its net asset purchases - currently at a monthly pace of €15 billion - by the end of December 2018. No probs here. We've ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
The European Central Bank's (ECB) October 25 Governing Council meeting concluded with a decision that markets widely expected. The ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% ...