The European Central Bank looks has removed a key pillar of its support for the euro area economies. At their final policy meeting this year, ECB governors announced the end of their bond-buying program. A...
Central bankers around the world are puzzled by the lack of inflationary pressures despite decent economic growth. Some of them are now blaming the so-called Amazon effect for the phenomenon. The Japanese central bank has...
The US dollar is slumping against all the major currencies in the aftermath of the hawkish Federal Reserve. In fact, the inability of the greenback to hold on to the gains scored in the initial...
To the surprise of no one, the ECB left it monetary policy and its forward guidance unchanged from its last meeting. Then it announced that its asset purchases would be halved starting in January to...
The EU’s central bank has decided to curb its monthly bond purchases by half. But DW’s Henrik Böhme deplores that an end to what he believes is a risky zero-interest policy is not yet in...
The focus in Europe has been Catalonia’s push for independence and the attempt by Madrid to prevent it. Tomorrow’s ECB meeting, where more details about next year’s asset purchases, is also awaited. There are three...
US businesses traditional relied on bond and equity markets to raise capital. When the crisis struck, the US acted early and quickly to re-open market functions before the banks were prepared to expand their lending....
The ECB’s asset purchase program is constrained by the self-imposed guidelines. As it QE continues, the ECB seems to be bumping against some of these parameters. The situation is thought to be coming to a...
For nine years, interest rates have fallen and the European Central Bank has fired up the economy with a flood of money. It is becoming increasingly clear that this cannot last forever. “With a sense...
Fresh eurozone economic data show that inflation has risen to just below the ECB’s key target, growth is accelerating and unemployment has hit a seven-year low, suggesting the bloc’s economy is finally on the mend....
Italy has moved to rescue banks teetering on the edge of insolvency – by agreeing to inject billions of euros on the public tab. A long period of economic stagnation has left banks holding a...
The ECB does not include Greek bonds in its sovereign bond purchase operation. However, the progress is being made, and it is possible that starting early next year, the ECB will buy Greek bonds. Greece...
