Tag: ECB

ECB’s #Villeroy says monetary policy stance ‘appears appropriate’

ECB’s #Villeroy says monetary policy stance ‘appears appropriate’

| May 15, 2019

The European Central Bank’s latest economic forecasts are still valid and its monetary policy stance appears to be appropriate, ECB policymaker Francois Villeroy de Galhau (pictured) said on Tuesday (14 May), writes Leigh Thomas. “In our latest forecast in March, we expected a significant but temporary slowdown. Notwithstanding persistent and substantial geopolitical uncertainties, recent economic data does […]

Continue Reading

#ECB studies tiered rate but banks’ woes go beyond that – de Guindos

#ECB studies tiered rate but banks’ woes go beyond that – de Guindos

| April 4, 2019

The European Central Bank is studying ways to cut its charge on banks’ deposits but eurozone lenders should look closer to home for the causes of their meagre profits, ECB Vice President Luis de Guindos said this week, write Balazs Koranyi and Francesco Canepa. With growth and inflation in the eurozone slowing, the ECB has […]

Continue Reading

#Eurozone banks jump, Italian yields fall on report #ECB discussing new cheap bank loans

#Eurozone banks jump, Italian yields fall on report #ECB discussing new cheap bank loans

| March 8, 2019

Eurozone bank shares jumped and Italian government bond yields fell on Wednesday after Bloomberg reported the European Central Bank is holding discussions on the design of new ultra-cheap bank loans, write Helen Reid and Virginia Furness. The ECB met on Thursday (7 March) amid speculation that it is getting ready for a fresh round of […]

Continue Reading

#ECB reshuffle kicks into high gear

#ECB reshuffle kicks into high gear

| February 1, 2019

The eurozone’s leaders have started to battle over appointments that will reshape the European Central Bank, the 19-country currency bloc’s most powerful institution, in the next few months, writes Balazs Koranyi. WHICH JOBS ARE UP FOR GRABS? The terms of the ECB’s chief economist Peter Praet (May 31), ECB President Mario Draghi (Oct. 31) and […]

Continue Reading

From #QE to #QT: Five questions for the #ECB

From #QE to #QT: Five questions for the #ECB

| September 14, 2018

The European Central Bank met on Thursday (13 September), just weeks before a new halving of monthly asset purchases in October that will mark the next step in the unwinding of its massive monetary stimulus, writes Dhara Ranasinghe. As it moves away from unprecedented quantitative easing (QE) and towards quantitative tightening (QT), investors were looking […]

Continue Reading

#ECB must not delay rolling back stimulus: Weidmann

#ECB must not delay rolling back stimulus: Weidmann

| August 29, 2018

The European Central Bank should roll back its stimulus program now that inflation is consistent with its target, Bundesbank President Jens Weidmann (pictured) has said, warning against a delay in normalization after years of central bank support, writes Michael Nienaber. The ECB agreed in June to end massive bond purchases by the close of the […]

Continue Reading

Ireland’s #Donnery applies to be #ECB supervisory chief

Ireland’s #Donnery applies to be #ECB supervisory chief

| August 29, 2018

Irish Central Bank Deputy Governor Sharon Donnery (pictured), who leads the European Central Bank’s taskforce on bad loans, has become the first person to publicly put her name forward for the post of chair at the bank’s Single Supervisory Mechanism (SSM), writes Padraic Halpin. The ECB began the process last month of looking for an […]

Continue Reading