- Reviving bank lending is better than cutting interest rates -- ECB
with Reuters. Sitting in his wood-panelled office at the Austrian central bank in Vienna, the ECB Governing ... ECB’s Nowotny says world economy on track for second ... be on measures to provide more liquidity ECB’s Nowotny says eurozone economy on track ...
30/05/2013 - 07:01 - comment 0
- Euro Advances Ahead of ECB Rate Decision as Governing Council Attempts to Put a Floor on Interest Rates
its outline for the EUR 60B covered bond purchase in full detail however, as the Governing Council ... of consumption slipped 2.3% from the previous year amid expectations for a 2.9% drop. Nevertheless, The ECB rate ... increased selling pressures ahead of the BoE, ECB, and BoC rate decisions as the policymakers attempt to put ...
14/08/2010 - 18:48 - comment 0
- ECB Policymaker Says 1% Interest Rate Open For Discussion, Euro Dips
may not be so completely out of the picture, at least that is what one ECB Governing Council member... ... that is what one ECB Governing Council member is saying. In an interview with Bloomberg, the head ... easing, Nowotny stated that it would be a sensible and efficient measure to have the ECB purchase ...
14/08/2010 - 19:19 - comment 0
- SAMENA Council’s new initiative heralds stronger cooperation between government & private sectors following the Government Summit in Dubai
SAMENA Telecommunication Council unveiled its Leaders Roundtable (SALT) initiative. The South Asia, Middle East, North Africa region’s SAMENA Telecommunication Council today unveiled its Leaders Roundtable (SALT) initiative, which aims at fostering a tight cooperation between governments ...
Press Release - 16/02/2014 - 11:06 - comment 0
- ECB: At 1.50+, Is the Euro Too Strong?
with the Governing Council members of the ECB still focused on price stability, they are highly unlikely to back down ... especially as the ECB’s hawkish rhetoric has only aided the currency’s rise. Nevertheless, with the Governing Council members of the ECB still focused on price stability, they are highly unlikely to back down from ...
15/08/2010 - 01:13 - comment 0
- Euro Loses Ground as ECB's Liikanen Refuses to Call 1% Interest Rate the Floor
as European Central Bank (ECB) Governing Council member Erkki Liikanen emphasized that “fixing some lower bound” is not part of ECB monetary policy. The euro lost ground against many major currencies as European Central Bank (ECB) Governing Council member Erkki Liikanen emphasized ...
14/08/2010 - 18:50 - comment 0
- US Dollar Still Strong on Expectations the Fed Will Raise Rates, ECB Will Cut - But When?
the financial and housing markets.” Ewald Nowotny, European Central Bank Governing Council Member “The ... with the US government’s seizure of Fannie Mae and Freddie Mac, it is obvious that the credit crunch ... (Government Sponsored Enterprise) intervention, suggesting that the Federal Reserve will not make any other ...
14/08/2010 - 19:37 - comment 0
- ECB Monthly Report: 3Q Expected to Grow at 0.1% versus 2Q
the 2Q as Governing Council member Ivan Sramko said “the development of industrial production ... the Governing Council’s emphasized that inflation consensus is in line with their aim of keeping inflation rates ... The ECB monthly report for October confirmed last ...
14/08/2010 - 18:24 - comment 0
- FX Market Update: British Pound Advances, ECB's Nowotny Anticipates Lower Growth
of 0.8760. Meanwhile, ECB council member Ewald Nowotny expects downward revision to growth forecast ... rates are likely to be low after the end of the crisis and warned that governments must consolidate budgets quickly once growth starts to recover. Nothing new in the comments and council members previously ...
14/08/2010 - 18:53 - comment 0
- Dollar Tumbles, Euro Surges on ECB and Fed Commentary - Nowhere to go but Higher for EURUSD?
following the bank’s interest rate announcement, Trichet said, “[the ECB Governing Council’s] assessment ... the bank to cut rates through 2008, Trichet went on to say, “The Governing Council remains prepared to act ... on monetary policy outlook for 2008. A strongly hawkish ECB President Jean Claude Trichet dispelled the notion ...
15/08/2010 - 01:20 - comment 0