ECB Makes no Monetary Policy Changes, Launches Review of Monetary Policy Strategy
Thursday, 23 January 2020 20:08 WIB | FISCAL & MONETARY |Ekonomi Eropa ECB

The European Central Bank, as expected, left interest rates unchanged on Thursday and maintained its commitment to purchasing 20 billion euros ($22.8 billion) a month in bonds.

The ECB's deposit rate stands at -0.5%, while its main refinancing operations rate holds at 0%. In a statement, the ECB repeated that its Governing Council expects rates to remain at present or lower levels until there are solid signs stubbornly low inflation is on track to converge with the bank's target of near, but below, 2%. The ECB also reiterated it expects asset purchases to run for as long as needed to underline the accommodative impact of its policy rates, ending them shortly before it starts to raise interest rates. Also as expected, the ECB announced the launch of a review of its monetary policy strategy. ECB President Christine Lagarde is scheduled to hold a news conference at the bank's Frankfurt headquarters at 8:30 a.m. Eastern.

Source : Marketwatch

RELATED NEWS

Fed officials more upbeat about the economic outlook this year, minutes show
Thursday, 20 February 2020 02:35 WIB

Federal Reserve officials and the central bank™s staff said the U.S. economy seemed stronger in late January than they had expected, according to minutes of their late-January meeting released Wednesday. The risks to the outlook were more favorable than had appeared at their meeting in mid-Decemb...

RBA Reviewed Case for Further Rate Cut, Worried About Borrowing
Tuesday, 18 February 2020 08:02 WIB

Australia™s central bank reviewed the case for a further interest-rate cut, but decided against it in order to avoid encouraging additional borrowing as house prices climb, minutes of its Feb. 4 meeting in Sydney showed. The Reserve Bank also expects the coronavirus outbreak to œsubtract from g...

Fed Chair Powell: Ready to use QE, guidance œaggressively in a downturn, USD stable
Wednesday, 12 February 2020 22:41 WIB

Jerome Powell, Chairman of the Federal Reserve, has said that the bank is ready to use Quantitative Easing (QE) and also forward guidance "aggressively" in a downturn. Powell is testifying before the Senate's Banking Committee in Washington. The US dollar has been edging higher alonside higher bond...

Carney Speech: Low Interest Rate Environment Adds to Government's Fiscal Capacity
Tuesday, 11 February 2020 23:02 WIB

The low interest rate environment adds to the government's fiscal policy, Bank of England (BoE) Governor Mark Carney said on Tuesday in his speech before the Economic Affairs Committee. "Low interest rate environment is putting some pressure on UK bank margins but should be kept in perspective," Car...

Lagarde speech: Inflation Remains Some Distance Below Our Medium-Term Aim
Tuesday, 11 February 2020 21:25 WIB

The growth momentum of the euro area has been slowing down since 2018 dur to global uncertainties and weaker international trade, European Central Bank (ECB) President Christine Lagarde said in her prepared remarks at the European Parliament's plenary session. "Moderating growth has also weakened p...

ANOTHER NEWS
Gold futures mark highest settlement in 7 years
Friday, 21 February 2020 01:51 WIB Gold futures climbed on Thursday for a sixth consecutive session to log their highest settlement since February 2013. "Coronavirus fears magnetized investors towards safe-haven assets," said Lukman Otunuga, senior research analyst at FXTM. "With...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.