Today’s announcements by Christine Lagarde do not seem to have convinced bond markets. The ECB, as its head revealed today, will start “flexible bond markets” on Friday, July 1, in an effort to curb rising borrowing costs, especially for the heavily indebted southern states. “We have decided to implement the flexible way of reinvesting expiring […]
Tag: Christine Lagarde
Lagarde: ECB to go ‘as far as necessary’ to fight inflation
LAST UPDATE 12:14 The ominous prediction that inflation, which is at an undesirably high level, will remain there for some time, was made by the President of the European Central Bank, Christine Lagarde, from Sintra, Portugal, for the ECB Forum “Challenges for monetary policy in a rapidly changing world “. According to Lagarde, this is […]
Strict warnings from Lagarde for bond and real estate purchases
By Leonidas Stergiou For two hours, MEPs have been trying to extract a word about what will be included or when the new instrument of intervention prepared by the European Central Bank for the bond market will be announced, without, however, achieving anything but receiving two Assurances from Mrs Lagarde: First, that the normalization of […]
Lagarde: 0.25% interest rate hike in July and possibly more in September
The ECB’s intention to raise interest rates was confirmed by the President of the Bank, Christine Lagarde, initially by 25 basis points (0.25%) in July, while leaving open the possibility of greater intervention in September. In particular, speaking to the European Parliament, Ms Lagarde highlighted the challenges posed by extremely high inflation and referred to […]
ECB: Flexibility in reinvestment from PEPP, a new tool is coming
The European Central Bank is considering a new measure against the risk of market fragmentation in response to the spread of spreads in the Eurozone region, with the bank announcing at the same time that it will apply flexibility in reinvesting the amounts due from the bonds of the pandemic. The ECB said in a […]
When and how the ECB will intervene in bond markets
Of Leonida Stergiou The ECB has already developed a package of two tools and is ready to activate it in order to restore liquidity problems in the bond markets, due to a change in monetary policy or due to speculative movements. According to information from capital.gr from sources that are able to know, Frankfurt distinguishes […]
What does the increase in interest rates by the ECB mean for public debt and revenues?
By Tasos Dasopoulos A change in the outlook for public and private lending and income is brought about by the rise in interest rates by the ECB, which will start in July, in an environment of high uncertainty. Regarding the first concern of the financial staff, public borrowing, the results from yesterday’s announcements of the […]
Deutsche Bank: Why the ECB can not yet activate a new support program
Of Eleftheria Kourtali It should come as no surprise that the ECB has not announced or provided details on a possible new program to support the bond market, as Deutsche Bank points out and explains why the central bank has not yet been able to do so, although it estimates that sooner or later he […]
What do the decisions of the ECB and the statements of Kr. Lagarde
By Leonidas Stergiou The head of the European Central Bank, Christine Lagarde, confirmed the announcement of a 0.25% increase in interest rates in July and went one step further. Prepare the markets for the next steps: Additional rate hikes of 0.25 per unit or more if needed in September and further increases later, depending on […]
Lagarde: Rising interest rates are coming, but we will maintain our flexibility
The end of zero interest rates in the euro area with successive interest rate hikes in the coming months in order to deal with the inflation rally was confirmed by the President of the European Central Bank, Christine Lagarde, speaking at the press conference, after decisions of the central bank. Christine Lagarde said the central […]