The European Central Bank (ECB) is likely to lower interest rates for the third time this year on Thursday, arguing inflation in the euro zone is now increasingly under control and the economy is stagnating.
ECB
Euro Fall Back After ECB Rates Hikes by 75bps – GSR
It’s been another choppy session for European markets, dropping to their lows of the day in the aftermath of the ECB’s decision to hike rates by 75bps, and hawkish comments from Fed chair Jay Powell.
ECB Meeting Accounts: It was cautioned that “higher for longer”
ECB Meeting: According to the accounts of the December ECB (European Central Bank) monetary policy meeting, it was cautioned that a “higher for longer” inflation scenario could not be ruled out.
ECB Expected – Interest Rate Unchanged at 0% as Expected
“ECB expects interest rates to remain at their present or lower levels at least through the first half of 2020, and in any case for as long as necessary to ensure continued sustained convergence of inflation to its aim over the medium term.”
Draghi: The Governing Council stands ready to adjust all of its instruments
Draghi: The Governing Council stands ready to adjust all of its instruments to ensure that inflation continues to move towards the inflation aim
Draghi’s Long Farewell May Delay ECB Guidance move
Gold Silver Reports (GSR) – Some European Central Bank policymakers are reluctant to alter their guidance on interest rates as a move could tie the hands of the bank’s next president many months before an appointment is even made, four sources close to the matter said.
ECB’s Nowotny: We Expect Positive Economic Outlook To Continue But Risks Exist
ECB’s Nowotny: Asked About Latest GDP Figures, Has Not Seen Anything That Would Require An Adjustment Of Monetary Policy Outlook
ECB’s Draghi says incoming data has been weaker than expected
Draghi: Significant stimulus still needed for inflation
Draghi says ECB ready to adjust all instruments as appropriate
Five Questions for the ECB
Growing concern about the impact of trade tensions on the economic outlook, another spike in Italian borrowing costs, fraught Brexit talks and volatility in world markets make for a colorful backdrop to Thursday’s European Central Bank meeting.
RBI Eases Overseas Borrowing Rules For State-Run Oil Marketing Companies – Gold Silver Reports
The Reserve Bank of India (RBI) on Wednesday allowed state-owned oil marketing companies (OMCs) to raise external commercial borrowings (ECBs) from lenders under the automatic route.