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Page 30 - ப்ரெஸிடெஂட் கிறிஸ்டின் லகார்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Lagarde Says ECB Isn t Discussing Phase-Out of Crisis Stimulus

Apr 23 2021, 2:00 AM April 22 2021, 6:47 PM April 23 2021, 2:00 AM (Bloomberg) (Bloomberg) European Central Bank President Christine Lagarde said the institution isn’t discussing the phasing out of its emergency bond buying even as it sees signs that the economy is starting to shake off the coronavirus pandemic. While noting that medium-term risks for growth are balanced, she pushed back against any suggestion the ECB is thinking about scaling back stimulus, describing the idea as “premature.” “Incoming economic data, surveys and high-frequency indicators suggest that economic activity may have contracted again in the first quarter of this year, but point to a resumption of growth in the second quarter,” Lagarde said Thursday after the institution kept its stimulus program in place. “Any phasing out was not discussed and it is just premature.”

Asia stocks snap two days of losses; bonds gain: markets wrap

MONEYWEB app instead? Treasuries advanced. 08:25  Image: Takashi Aoyama/Getty Images Most Asian stocks gained after US equities rallied as investors focused on the outlook for earnings amid an economic revival. Treasuries advanced. Japan outperformed, while Hong Kong and Australia had more modest gains. US futures edged lower, while European futures rose. Treasury yields fell, with the 10-year dropping below its 50-day moving average for the first time since November. The dollar was steady. Oil added to losses with an increase in US crude inventories compounding concerns around a choppy global demand recovery. INSIDERGOLD Subscribe for full access to all our share and unit trust data tools, our award-winning articles, and support quality journalism in the process.

Too soon to talk end of ECB bond buys – Lagarde | Hellenic Shipping News Worldwide

Too soon to talk end of ECB bond buys – Lagarde | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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