Crazy March? After a euphoric January and a gloomy February, in which fixed income and equities plummeted as expectations of increases in interest ratesworld markets could undergo new oscillations. The 10-year US Treasury yield is about to end February up about 40 basis points for the month, its biggest monthly jump since September. In Europe, […]
Tag: ECB
ECB: Green debt purchases have little effect on pollution
purchases of green debt have little effect on eurozone and global pollution, according to a report from the European Central Bank (ECB)but they can accelerate investments in technologies for ecological transformation. In a study published Monday, ECB economists Alessandro Ferrari and Valerio Nispi Landi examine whether central bank purchases of green debt contribute to reducing […]
ECB and Fed differ on the final stretch of rate hikes, according to experts
The last decisions of European Central Bank (ECB) and of the Federal Reserve (Fed) of the United States reflect, according to experts, the divergences of both institutions in what they interpret as the final stretch of the tightening of their monetary policies to subdue inflation. The ECB executed its fifth rate hike (half a point) […]
Central banks must maintain a “higher for longer” rate approach, according to the IMF
Central banks around the world need to make clear to financial markets the likely need for interest rates to stay higher for longer to sustainably return inflation to target and avoid a rebound in pressures. on prices, the International Monetary Fund said on Thursday. The warning has been issued against a backdrop of significantly loosening […]
ECB raises interest rates and signals another similar increase in March
The European Central Bank raised interest rates by 50 basis points on Thursday and explicitly signaled at least one more increase of the same magnitude for next month, reaffirming that it will stay the course in its fight against high inflation. But financial markets immediately took the move as suggesting the tightening cycle could end […]
The supply of government bonds will reach a maximum after quantitative reduction
The supply of euro area government bonds will reach a record high when the European Central Bank (ECB) reduce its debt portfolio, a reduction that will be 15,000 million euros per month on average as of March, by ceasing to reinvest maturing bonds. The ECB will announce details of the quantitative reduction of the debt […]
ECB’s Kazimir: “We need two more increases of 50 basis points”
The European Central Bank should make two more interest rate hikes, of 50 basis points each, despite slowing inflation, Governing Council member Peter Kazimir said on Monday. Inflation has slowed sharply in the past two months, from 10.6% in October to 9.2% in December, but price growth is expected to pick up again in early […]
Lagarde says in Davos that inflation is still too high
The president of the European Central Bank (ECB)Christine Lagarde, has warned this Thursday in the Davos World Economic Forum about the inflationwhich continues to be “too high” despite the decline experienced in recent months, which practically makes it possible to rule out a recession. Lagarde has regretted that many journalists “they emphasize too much in […]
Cash on hand could extend European bond rally
The region’s bonds are delivering the best returns ever for the start of a year as investors put money to work on expectations that the European Central Bank will stop raising rates soon. Even a flood of new bonds or the exit of the biggest buyer from the market were not enough to reduce gains. […]
European economy in “very difficult situation”, says ECB vice president
“The high inflation rates we are seeing across Europe coincide with an economic slowdown and low growth”, he told the Spanish Confederation of Associations of Young Entrepreneurs (CEAJE) in a December 16 interview published Tuesday on the ECB website. In addition, he stressed the importance of both individuals and companies being prudent and focusing on […]