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Transcripts for BBCNEWS World Business Report 20210805 04:38:00

The latest business news with informed analysis from the world s financial centres.

ECB Speeds up Taper of Bond Buying, Says Russia-Ukraine Is Watershed

The European Central Bank now aims to end its monthly bond buying in the third quarter, depending on the path of inflation data.

BOE recap As expected but with a surprise

Although the BOE hiked rates by 25bps, as expected, the consensus was not clear as just under half of the members voted for a 50bps hike.

Stock Market Today: US Futures Rally After Wild Day, Focus Turns to Fed

First Green Quantitative Easing Of A Central Bank Fails To Work As Planned

The Bank of England, which became in November 2021 the first central bank to adopt green criteria when buying corporate bonds under quantitative easing programs, is way off its targets to reduce the carbon intensity of its corporate bond-buying portfolio

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