Tag archive for ‘ECB’
News Brief On Thursday, December 3rd, 2015

Bill Gross thinks Fed, ECB are ‘casinos’ printing money

  Bill Gross has never hidden his dislike for central-bank stimulus. But in his latest investment outlook, the bond guru doubled down, calling central banks “casinos” that “print money as if they More...

News Brief On Thursday, December 3rd, 2015

European Central Bank extends asset purchases to March 2017 and cuts interest rates to new record lows

The European Central Bank (ECB) has ramped up its asset purchase programme to the tune of €360bn (£257bn), its president Mario Draghi announced today. The programme will now run until the end of March 2017 More...

Eli Horn On Tuesday, February 3rd, 2015

Bond Guru Bill Gross Pours Cold Water on Eurozone QE Program

Billionaire investor Bill Gross has expressed doubts about the effect of the European Central Bank (ECB)’s larger-than-expected quantitative-easing (QE) program, saying the step should have been taken much More...

Stephen Roach On Monday, January 26th, 2015

Former Chairman of Morgan Stanley Asia Stephen Roach: The Lemmings of QE

Predictably, the European Central Bank has joined the world’s other major monetary authorities in the greatest experiment in the history of central banking. By now, the pattern is all too familiar. First, More...

Reuters On Sunday, December 14th, 2014

Fed considers time to end free money pledge

–   The U.S. Federal Reserve would give the clearest signal next week that its easy money stance is ending if, as some expect, it drops its two-year long pledge to keep interest rates close to More...

Professor Barry Eichengreen On Thursday, December 11th, 2014

Berkeley Economics and Political Science Prof. Barry Eichengreen: Putting Deflation First

– The European Central Bank is moving, hesitantly but ineluctably, toward quantitative easing. The threat of deflation – and the ineffectiveness of its previous measures – leaves it no choice. More...

Reuters On Tuesday, November 25th, 2014

OECD sees gradual world recovery, urges ECB to do more

–   The global economy will gradually improve over the next two years but Japan will grow less than previously expected while the euro zone struggles with stagnation and an increased deflation risk, More...

Reuters On Sunday, November 23rd, 2014

Falling inflation a worry for Europe but also the world

– European Central Bank President Mario Draghi has moved closer to launching sovereign debt purchases and data this week will show just how dangerously low inflation has fallen in the $13 trillion euro More...

Reuters On Friday, November 21st, 2014

ECB drops Citi from FX contact group

– The European Central Bank has dropped Citigroup from its experts’ working group on foreign exchange, days after the U.S. bank was fined by U.S. and UK regulators for failing to stop traders from More...

Hans-Werner Sinn On Wednesday, October 22nd, 2014

Hans-Werner Sinn, Prof. Of Economics and Public Finance: Europe’s Brush with Debt

– MUNICH – French Prime Minister Manuel Valls and his Italian counterpart, Matteo Renzi, have declared – or at least insinuated – that they will not comply with the fiscal compact to which More...

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