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Page 15 - மைய வங்கி ப்ரெஸிடெஂட் கிறிஸ்டின் லகார்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

ECB keeps policy unchanged as it waits for economic rebound

SHARE The European Central Bank kept its stimulus package and interest rates unchanged on Thursday as it pledged once again that the pace of purchases under its pandemic bond-buying programme will be “significantly higher” during the second quarter. ECB president Christine Lagarde held the pandemic emergency purchase programme (Pepp) at €1.85 trillion ($2.3 trillion), following a €500bn boost in December, and reiterated that it will run until at least March 2022, or “until it judges that the coronavirus crisis phase is over”. Read More The Governing Council expects purchases under the Pepp over the current quarter to continue to be conducted at a significantly higher pace than during the first months of the year, the ECB said in a statement on Thursday, repeating its guidance from March.

European Central Bank Holds Fire Ahead of Crunch June Meeting

Preserving favorable financing conditions over the pandemic period remains essential to reduce uncertainty and bolster confidence, thereby underpinning economic activity and safeguarding medium-term price stability, ECB President Lagarde said at a press conference on Thursday. The central bank said last month it was going to increase government bond purchases though still within the planned envelope of 1.85 trillion euros ($2.2 trillion) until March 2022 to address rising bond yields in the euro zone. At the time, the ECB expressed concerns with borrowing costs rising sharply for euro area governments before the economy has fully recovered from the coronavirus shock. As a result, data from Deutsche Bank showed the ECB purchased 74 billion euros in bonds in March, up from 53 billion and 60 billion euros in February and January.

RPT-ANALYSIS-The housing boom, central banks and the inflation conundrum

RPT-ANALYSIS-The housing boom, central banks and the inflation conundrum
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

The housing boom, central banks and the inflation conundrum | Hellenic Shipping News Worldwide

The housing boom, central banks and the inflation conundrum | Hellenic Shipping News Worldwide
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The housing boom, central banks and the inflation conundrum

The housing boom, central banks and the inflation conundrum
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