by Ryan Littlestone | September 13th, 2019, 12:01:33 | News, Research
Fixed Income Research & Macro Strategy (FIRMS) – 12 September 2019 Not a day passes without the media and US President Trump pointing the finger at “currency wars” and “competitive devaluations”. The thrust of the argument is that central banks across the world,...
by Ryan Littlestone | December 13th, 2018, 14:32:38 | Central Banks, ECB, News
Highlights of the ECB press conference following the December 2018 ECB governing council meeting 13 December 2018 Opening remarks; Incoming data were weaker than expected Weaker data reflects softer external demands Inflation will continue to converge after buying...
by Ryan Littlestone | December 13th, 2018, 12:47:53 | Central Banks, ECB, News
Details from the December 2018 ECB governing council meeting 13 December 2018 Main interest rate 0.0% Deposit rate -0.40% Marginal lending rate 0.25% Notes; Will reinvest for an extended period and passed a rate increase Expects rates to remain at their present levels...
by Ryan Littlestone | December 13th, 2018, 11:07:23 | Central Banks, ECB, News
Here’s what to look for from the ECB Today marks the end of the ECB’s QE program, sort of. By the end of this month they would have racked up nearly $3tn in government and corporate assets. Has it been a success? That’s a very open question but one we don’t need...
by Ryan Littlestone | October 25th, 2018, 11:47:34 | Central Banks, ECB, News
Details from the September ECB governing council meeting 25 October 2018 Main refinancing rate 0.00% Deposit rate -0.40% Marginal lending rate 0.25% Will keep QE at 15bn until end of Dec Subject to incoming data anticipate QE ending in Dec PRESS RELEASE Monetary...
