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Archives for ECB balance sheet

The ECB holds its monthly meeting today in what may be seen as the most positive eurozone economic environment for some time.Having previously been earmarked as a meeting which could see a further rate cut (a prediction which has evaporated due to more…

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The ECB holds its monthly meeting tomorrow. Below we look at the main topics of discussion, with the ECB weighing some important decisions.Could the ECB cut its main interest rate again?Possibly. It is certainly considering it. As with last month, grow…

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The ECB looks set to cut its main interest rate by 0.25% to 0.5% on Thursday (while keeping the deposit rate at 0% due to concerns about distortionary effects of negative rates).Why is the ECB considering cutting rates?The obvious answer is that the cr…

Posted by Open Europe blog team

The ECB looks set to cut its main interest rate by 0.25% to 0.5% on Thursday (while keeping the deposit rate at 0% due to concerns about distortionary effects of negative rates).Why is the ECB considering cutting rates?The obvious answer is that the cr…

Posted by Open Europe blog team

The last few days have seen a shifting of consensus in the ECB rate cuts debate.Recent economic data in the eurozone has been particularly bad, with private sector activity slowing more than expected. However, potentially more importantly, this effect …

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As was made evident by the internal memo about the EU financial transaction tax (FTT) – that we exclusively published yesterday – there are plenty of concerns amongst the supposed champions of the idea. Today, another heavyweight institution raised the…

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One of the many sub-stories of the Italian election is how it calls into question the ECB’s bond-buying programme – the Outright Monetary Transactions (OMT). Not so much because of the ECB’s ability to expand its balance sheet and stand behind Italy an…

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This morning saw the start of the on-going process of repayments of the loans given by the ECB to European banks under the Long Term Refinancing Operation (LTRO) (see here for details). The ECB announced that 278 banks have already pledged to repay

Posted by Open Europe blog team