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Showing 81 - 90 of 90 results for "Governing Council"

PIGS!

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2011
... back in August after it downgraded the USA's triple A over the budget standoff. So did European Central Bank governing council Christian Noyer. "They changed their methodology and it's now more linked to political factors and less to fundamentals... ...

Laissez faire

BENJAMIN ONG  |  MONDAY, 18 APR 2011
... analytical work on the functioning of the IMS" (International Monetary System). But French European Central Bank Governing Council Member Christian Noyer had a different - and perhaps the correct one for he was there (I wasn't) - interpretation. At a ...

Yikes the ECB hikes

BENJAMIN ONG  |  MONDAY, 11 APR 2011
... May 2009. With Portugal joining Greece and Ireland in the "begging for funding" list just a day before the ECB Governing Council's decision - and the litany of uncertainties still plaguing the global economy - the bank's president Jean-Claude Trichet ...

ECB relents, sort of

BENJAMIN ONG  |  FRIDAY, 3 DEC 2010
... measures to battle ongoing financial market tension in the Eurozone. Trichet told a news conference that the ECB Governing Council decided to extend the provision of special liquidity measures - unlimited cash - to commercial banks through to the first ...

Trichet to the rescue

BENJAMIN ONG  |  WEDNESDAY, 10 FEB 2010
... national central bank from bailing out EU countries through buying their debt or offering loans. Further, ECB Governing Council member Ewald Nowotny said the ECB could not help Greece because, "the ECB have a clear mandate... we have a clear no-bailout ...

Optimism may not be enough

BENJAMIN ONG  |  WEDNESDAY, 11 NOV 2009
... (ECB) decision to keep interest rates at a low 1.0 per cent - where they have been since May 2009 - when its Governing Council met earlier this month. While this will continue to support Eurozone equities going forward, the euro currency's appreciation ...

More pain to come for councils

RUTH LIEW  |  TUESDAY, 9 JUN 2009
... that there needs to be a synchronised effort across state and national levels in tightening the legislation governing council investments. The Cole Report for instance brought the need for tighter regulation when investing in CDOs, but does not apply ...

Bad news galore

BENJAMIN ONG  |  TUESDAY, 26 AUG 2008
... state-run institution to play a leading role and take risks which may be more than financial." European Central Bank Governing Council member Yves Mersch hinted at new funding pressures for European banks, commenting that the ECB will announce changes ...

Daily economic update

... which is given for an increase of rates in our next meeting does not correspond to present sentiment of the governing council.' This comment is definitely softer than previous statements which led market participants to believe a rate hike in May was ...

European interest rates to remain steady, ECB chief hints

... eurozone would see gross domestic product growth of about 1.4% this year after a mere 0.4% last year. The ECB's governing council is to meet on May 6 in Helsinki for its monthly monetary policy setting session. Its key interest rate has stood at 2% for ...