The European Central Bank has downplayed a global slowdown for months, but it wi...
FRANKFURT - The European Central Bank has downplayed a global slowdown for months, but it will finally take a tentative step next week to prop up the euro zone economy, signaling fresh stimulus to keep banks lending.
After a decade of fighting crisis, it is a role the ECB is all too familiar with. But it will be tricky, nevertheless. “A traditional wait-and-see stance runs the risk of unintentional tightening of monetary conditions,” ING economist Carsten Brzeski said. “The ECB will have to carefully balance between too-hasty action, which could be perceived as panic, and too much complacency.”
But the devil will be in the details, and the ECB is in no hurry to lay all of its cards on the table. The problem is that any change in the guidance, which sees rates steady through the summer, will reach beyond the term of ECB President Mario Draghi, a potentially contentious move not all policymakers are ready to take.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Germany's top central banker warns against bringing back stimulus in EuropeThe European Central Bank (ECB) shouldn't rush into implementing massive bond-purchase programs in the future, the head of the German central bank warned in an interview with CNBC Wednesday.
Weiterlesen »
ECB need not change rate guidance just yet, Weidmann saysGermany's economic weakness may last longer than expected, but the European...
Weiterlesen »
ECB needs oversight of clearing houses if it is to fund them - CoeureThe European Central Bank needs to have appropriate oversight of both domestic a...
Weiterlesen »
ECB to delay rate hikes to next year, restart cheap loans soon: Reuters pollFaced with a serious slowdown in euro zone economic growth, the European Central...
Weiterlesen »
Daily Briefing: Back to normal - ECB too late?Daily Briefing: - ECB to delay rate hikes to next year - Reuters poll - U.S. lays out its objectives for a post-Brexit trade deal with UK - All eyes on far-right in Estonia's election
Weiterlesen »
Euro zone inflation's rise is a mixed bag for ECBEuro zone inflation inched up last month, Eurostat said on Friday, mild comfort ...
Weiterlesen »
Euro zone's triple-A bond drought persists after ECB steps awayHigh-grade euro zone debt remains scarce even though the European Central Bank h...
Weiterlesen »
We Tried Chick-Fil-A's New Cheese Sauce And We Will Never Be The SameWe Tried Chick-Fil-A’s New Cheese Dipping Sauce, And It’s Really Freakin’ Good
Weiterlesen »
R. Kelly’s arrest barely scratches the surface of a much-needed #MeToo reckoning for black girlsAnalysis: What would it take for America to confront its ugliest and most complicated attitudes toward race, gender, and sex? - NBCBLK
Weiterlesen »