POLICY

Bank of France’s Villeroy: See no Europe-wide bubbles, but local bubbles possible

Bank of France’s Villeroy: See no Europe-wide bubbles, but local bubbles possible

Published 04/12/2017

File Picture: Governor of the Bank of France Francois Villeroy de Galhau attends a news conference held at the close of the G20 Finance Ministers [more…]

Baby step but no big bang: ECB warily starts pulling back from loose money

Baby step but no big bang: ECB warily starts pulling back from loose money

Published 26/10/2017

The European Central Bank on Thursday took a step towards weaning the euro zone off loose money on Thursday but promised years of stimulus and even left the door open to backtracking. [more…]

Easy ECB policy to limit firming euro`s negative impact: Coeure

Easy ECB policy to limit firming euro`s negative impact: Coeure

Published 11/09/2017

European Central Bank policy will remain accommodative for longer than in previous cases of demand shock, likely limiting the negative impact of the euro's appreciation, ECB Executive Board member Benoit Coeure said on Monday. [more…]

ECB`s Rimsevics also sees inflation rising to target in 2020

ECB`s Rimsevics also sees inflation rising to target in 2020

Published 08/09/2017

Euro zone inflation could rise back the European Central Bank's target of almost 2 percent in 2020 as ECB President Mario Draghi predicted on Thursday, Latvian central bank chief Ilmars Rimsevics told a news conference on Friday. [more…]

ECB policy will stay easy until inflation heads to target: Lane

ECB policy will stay easy until inflation heads to target: Lane

Published 08/09/2017

The European Central Bank will maintain its ultra-easy policy stance until it is happy with the path of inflation in the euro zone, ECB's policymaker Philip Lane said, citing a new round of cheap loans to banks as one of the available tools. [more…]

ECB should not miss right moment to act on policy: Weidmann

ECB should not miss right moment to act on policy: Weidmann

Published 08/09/2017

The European Central Bank should be careful not to miss the right moment to tweak its policy stance, Bundesbank President Jens Weidmann, one of the ECB's top critics, said on Friday. [more…]

Exclusive: ECB policymakers agreed on stimulus cut at meeting – sources

Exclusive: ECB policymakers agreed on stimulus cut at meeting – sources

Published 08/09/2017

European Central Bank policymakers meeting on Thursday were in broad agreement that their next step will be reducing their bond purchases and discussed four options, two sources with direct knowledge of the discussion said. [more…]

ECB seeks greater power over clearing supervision

ECB seeks greater power over clearing supervision

Published 23/06/2017

FILE PHOTO: The European Central Bank (ECB) headquarters in Frankfurt, Germany, July 29, 2016. REUTERS/Ralph Orlowski/File Photo

The European Central Bank has requested enhanced powers to supervise clearing activities, it said on Friday, a move to shore up its authority over London-based euro clearing once Britain leaves the European Union.

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ECB`s bond buys` impact on inflation disappointing: Knot

ECB`s bond buys` impact on inflation disappointing: Knot

Published 14/06/2017

FILE PHOTO: A huge Euro logo is pictured by the headquarters of the European Central Bank (ECB) in Frankfurt, September 29, 2011. REUTERS/Ralph Orlowski/File Photo

The impact of the European Central Bank's 2.3 trillion asset purchase program on inflation has been disappointing, Dutch central bank chief Klaas Knot, a long-time critic of the bond buying scheme, said on Wednesday.

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ECB`s Draghi drops reference to `downside risks` to economy

ECB`s Draghi drops reference to `downside risks` to economy

Published 08/06/2017

FILE PHOTO: European Central Bank President Mario Draghi (R) and his wife (L) arrive at the Petruzzelli Theatre during a G7 for Financial ministers in the southern Italian city of Bari, Italy May 11, 2017. REUTERS/Alessandro Bianchi/File Photo

European Central Bank President Mario Draghi dropped a long-standing reference to "downside risks" to the euro zone's economic outlook from his policy message on Thursday, saying instead that risks are now "broadly balanced".

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