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ECB's Kazaks: Support beyond PEPP will be necessary

ECB's Kazaks: Support beyond PEPP will be necessary
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Martins Kazaks , European Central Bank , Pandemic Emergency Purchase Program , Governing Council , ஐரோப்பிய மைய வங்கி , சர்வதேச பரவல் அவசரம் கொள்முதல் ப்ரோக்ர்யாம் , ஆளும் சபை ,

Market Talk – July 27, 2021 | Armstrong Economics


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Intel Corp said on Monday its factories will start building Qualcomm Inc chips and laid out a roadmap to expand its new foundry business to catch rivals such as Taiwan Semiconductor Manufacturing Co and Samsung Electronics Co Ltd by 2025. Intel said on Monday it expects to regain its lead by 2025 and described five sets of chipmaking technologies it will roll out over the next four years.
Indian digital payments firm Paytm expects to launch its initial public offering (IPO) at around the end of October, pending regulatory approvals, Reuters reported. Paytm, which has filed for a 166-billion-rupee ($2.2 billion) IPO that will likely be the largest ever in India, also expects to break even in 18 months, the source familiar with the matter said. The startup, which counts China’s Ant Group and Japan’s SoftBank among its backers, narrowed its operating loss to 16.55 billion rupees in the financial year to end-March 2021 from 24.68 billion a year be ....

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European Central Bank confirms expansive monetary policy


ECB President Christine Lagarde said the current program is expected to last until “at least until March 2022”
The European Central Bank confirmed its expansive monetary policy this week, in accordance with its recently reviewed inflation target and in a context of growing Covid 19 contagions that threaten recovery.
As expected the ECB kept its main interest rates remain at their lowest level, particularly negative 0,5% for banks deposits in ECB to force private banks to get money circulating. Likewise with the Covid 19 Pandemic Emergency Purchase Program, PEPP launched in March 2020. with 1,85 trillion Euros for the purchase of private and government debt to keep financial conditions fluid. ....

Angela Merkel , Christine Lagarde , European Central Bank , Pandemic Emergency Purchase Program , Emergency Purchase Program , German Chancellor Angela Merkel , Euro Zone , ஏஞ்சலா மர்கல் , கிறிஸ்டின் லகார்ட் , ஐரோப்பிய மைய வங்கி , சர்வதேச பரவல் அவசரம் கொள்முதல் ப்ரோக்ர்யாம் , அவசரம் கொள்முதல் ப்ரோக்ர்யாம் , ஜெர்மன் அதிபர் ஏஞ்சலா மர்கல் , யூரோ ஸோந் ,