Dutch Central Bank Chief First ECB Governor To Raise Prospect of 50Bps Rate Rise

A top European Central Bank official has raised the prospect of a half percentage point rate increase in July. Dutch central bank chief Klaas Knot said if inflation continues to climb then rates may need to be raised. This was the first time such an aggressive shift has been suggested. The ECB left rates unchanged as expected in April. The bank left deposit facility interest rates at -.50%. Highlights Dutch central bank chief Klaas Knot is one of the more … Continue reading “Dutch Central Bank Chief First ECB Governor To Raise Prospect of 50Bps Rate Rise”

ECB Leaves Rates Unchanged as Expected, Stresses on Flexibility in Making Future Decisions

ECB left rates unchanged as expected in April. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. ECB reaffirmed commitment to end bond purchases in Q3 this year. Stresses on flexibility when it comes to making any future decisions. ECB Monetary Policy Decision 14 April 2022 Deposit facility rate -0.50% Main refinancing rate 0.00% Marginal lending facility 0.25% Highlights Reaffirms that APP purchases will … Continue reading “ECB Leaves Rates Unchanged as Expected, Stresses on Flexibility in Making Future Decisions”

ECB Leaves Rates Unchanged as Expected, Commitment to End Bond Purchases in Q3 2022

ECB left rates unchanged as expected in March. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. ECB added a commitment to end bond purchases in Q3 this year. ECB governing council expects net purchases to end shortly before it starts raising rates ECB Monetary Policy Decision 10 March 2022 Deposit facility rate -0.50% Main refinancing rate 0.00% Marginal lending facility 0.25% Highlights ECB … Continue reading “ECB Leaves Rates Unchanged as Expected, Commitment to End Bond Purchases in Q3 2022”

ECB Leaves Rates Unchanged, Expects APP Purchases to End Shortly Before Starts Raising Key Rates

ECB left rates unchanged as expected in February. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. ECB governing council expects net purchases to end shortly before it starts raising rates ECB Monetary Policy Decision 3 February 2022 Deposit facility rate -0.50% Main refinancing rate 0.00% Marginal lending facility 0.25% Highlights ECB expects APP purchases to end shortly before it starts raising the key … Continue reading “ECB Leaves Rates Unchanged, Expects APP Purchases to End Shortly Before Starts Raising Key Rates”

ECB Leaves Rates Unchanged, PEPP to End in March But APP Expanded

ECB left rates unchanged as expected in December. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. ECB governing council expects net purchases to end shortly before it starts raising rates ECB Monetary Policy Decision 16 December 2021 Deposit facility rate -0.50% Main refinancing rate 0.00% Marginal lending facility 0.25% Highlights PEPP to end in March, but APP expanded APP will continue at a … Continue reading “ECB Leaves Rates Unchanged, PEPP to End in March But APP Expanded”

ECB Stresses Current Inflation Hump Shaped Not Stagflation

ECB accounts of its October monetary policy meeting addressed a lot of key questions. The big one, is inflation transitory and are we headed for stagflation? The Bank recalled that stagflation experiences in the 1970s occurred in a different environment, in which indexation allowed wages to react to energy prices. The shortage of critical supplies including energy and other commodities has “seen market-based measures of inflation compensation in the euro area had surged to their highest levels in over seven years, … Continue reading “ECB Stresses Current Inflation Hump Shaped Not Stagflation”

ECB Leaves Rates Unchanged, APP will continue at a monthly pace of €20 billion

ECB left rates unchanged as expected in October. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. ECB again judges that favourable financing conditions can be maintained with a moderately lower pace of PEPP purchases

Germany SPD and CDU Battle To Become Largest Party in Bundestag After Angela Merkel Era

Centre-left SPD and their candidate, Olaf Scholz, secured a narrow win in the German election which saw Angela Merkel’s centre-right CDU party and their candidate, Armin Laschet, plunge to a historic low. Parties will embark on “exploratory talks” to form a government, with a three-way coalition considered the most likely.

ECB Leaves Rates Unchanged, See Risks Economy Broadly Balanced

ECB left rates unchanged as expected in September. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. ECB judges that favourable financing conditions can be maintained with a moderately lower pace of PEPP purchases

ECB Leaves Rates Unchanged, Symmetric Inflation Target of Two Percent

ECB left rates unchanged as expected in July. The bank left deposit facility interest rates at -.50% and held steady rates on the main refinancing operations and on the marginal lending facility unchanged. PEPP purchases over the current quarter to continue to be significantly higher. Reaffirms size of PEPP program at €1.85 trillion.