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Showing 51 - 60 of 628 results for "European Central Bank"

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... Deutschland and it calls for desperate measures. It can't do anything anymore about monetary policy, the European Central Bank controls interest rates (currently at zero, it ended QE in December 2018) nor the exchange rate, no more deutschmarks ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... domestic price pressures, and, thus, headline inflation developments over the medium term." This was what European Central Bank (ECB) president Mario Draghi told his audience (and the world) at his press conference straight after the ECB's last monetary ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
When the European Central Bank (ECB) concluded its Governing Council meeting on the June 6, not only had it announced to keep monetary policy settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.4% - but it ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
If there's anything that's 100% certain, it is that the European Central Bank (ECB) will keep current interest rate settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40%. Although, given the mounting ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
... rate in six months. One swallow does not a spring make but two swallows? These would certainly give the European Central Bank (ECB) some sort of reprieve - a temporary reprieve. For while these topline indicators - GDP and inflation - have improved ...

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 ...