darkmarket Posted April 20, 2017 Share Posted April 20, 2017 2 hours ago, interestrateripoff said: WASHINGTON It would not be a bad idea for the European Central Bank and other central banks to follow the U.S. Federal Reserve's example and change course away from an ultra-accommodative monetary policy, German Finance Minister Wolfgang Schaeuble said. I'm sure Italy and Greece share his enthusiasm. Quote Link to comment Share on other sites More sharing options...
Blod Posted April 20, 2017 Share Posted April 20, 2017 They won't change policy till the next collapse. Schaeuble's comments will be ignored and may further isolate Germany. Quote Link to comment Share on other sites More sharing options...
darkmarket Posted April 23, 2017 Share Posted April 23, 2017 Some incentive for a Macron / Fillon presidency: Draghi Seen Choosing Faster QE Exit If French Hurdle Cleared ...More than 60 percent say the winding down of QE will be announced in September this year, with 93 percent expecting tapering to start by the first quarter of 2018, up from 88 percent in the last survey. A majority say the ECB will announce monthly reductions one at a time instead of setting out a full plan, and the median estimate is for the process to last six months, down from seven months previously. https://www.bloomberg.com/news/articles/2017-04-23/draghi-seen-opting-for-faster-qe-exit-if-french-hurdle-cleared Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted May 24, 2017 Author Share Posted May 24, 2017 http://www.zerohedge.com/news/2017-05-24/ecb-warns-excessive-exuberance-house-prices-financial-instability-due-higher-yields House price risk.... Quote Link to comment Share on other sites More sharing options...
Will! Posted September 28, 2017 Share Posted September 28, 2017 Bloomberg: ECB Bond Buying Sweeps Up Non Euro Area U.S., U.K, Swiss Firms Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 28, 2017 Share Posted September 28, 2017 On 23/04/2017 at 1:53 PM, darkmarket said: Some incentive for a Macron / Fillon presidency: Draghi Seen Choosing Faster QE Exit If French Hurdle Cleared ...More than 60 percent say the winding down of QE will be announced in September this year, with 93 percent expecting tapering to start by the first quarter of 2018, up from 88 percent in the last survey. A majority say the ECB will announce monthly reductions one at a time instead of setting out a full plan, and the median estimate is for the process to last six months, down from seven months previously. https://www.bloomberg.com/news/articles/2017-04-23/draghi-seen-opting-for-faster-qe-exit-if-french-hurdle-cleared 2 words...coordinated Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted November 19, 2017 Author Share Posted November 19, 2017 http://www.zerohedge.com/news/2017-11-19/ecb-proposes-end-deposit-protection ECB contemplating ending deposit insurance but you'll be able to get access to enough money to cover living expenses... bailins all round to cover banker losses but don't expect to share in the profits for the risk. Quote Link to comment Share on other sites More sharing options...
ebull Posted November 19, 2017 Share Posted November 19, 2017 (edited) The article says it goes beyone contemplating. It doesn't make clear that the side by side compared texts on zerohedge are what the EU proposed on the left [leaving deposit protection in place] and what the ECB has recommended [removing it]. The enormous pdf from the ECB sure does a good job of hiding this little fact. I find it hard to believe that euro leaders will be dumb enough to remove deposit protection. Surely once MSM get hold of that idea and it looks serious / gets explained, there will be bank runs and financial meltdown. Am I correct in saying this means UK as well [at least until brexit]? What are the rules for NSandI if the whole lot collapses and most every bank is grabbing their bail-in swag [including the last 100k now deposits are not protected]? This deserves a bit more attention here than this sleepy backwater thread. Edited November 19, 2017 by ebull Quote Link to comment Share on other sites More sharing options...
Will! Posted March 5, 2020 Share Posted March 5, 2020 Bloomberg: Bankers Are Staring Into the Abyss, Again On the menu: More negative interest rate. Further reduced costs for banks to deposit reserves with the ECB. More super-cheap loans for banks. This time called Targeted Long-Term Repurchase Operations or TLTROs. Not yet on the menu, but will probably happen if things deteriorate enough: ECB buying bank debt. Quote Link to comment Share on other sites More sharing options...
Will! Posted March 12, 2020 Share Posted March 12, 2020 Today's ECB's Monetary policy decisions. No rate cut. More QE. TLTRO's to attempt to support banks lending to businesses affected by Covid-19 containment efforts. Quote Link to comment Share on other sites More sharing options...
Will! Posted October 31, 2020 Share Posted October 31, 2020 Financial Times: ECB to gobble up more debt next year than governments can sell This comment sums it up best: "If the ECB is financing all the bonds and the fundamentals are playing no part, shouldn't the market be considered as centrally planned?" Quote Link to comment Share on other sites More sharing options...
Tapori Posted November 9, 2020 Share Posted November 9, 2020 (edited) https://www.thetimes.co.uk/edition/business/ultra-low-interest-rates-have-huge-consequences-for-the-country-and-its-citizens-62pb3zwg7 Ultra-low interest rates have huge consequences for the country and its citizens I write this column every fortnight, and every fortnight it seems we have a big new expensive policy from Rishi Sunak. Edited November 9, 2020 by Tapori Quote Link to comment Share on other sites More sharing options...
zugzwang Posted November 9, 2020 Share Posted November 9, 2020 https://www.thetimes.co.uk/edition/business/ultra-low-interest-rates-have-huge-consequences-for-the-country-and-its-citizens-62pb3zwg7 Ultra-low interest rates have huge consequences for the country and its citizens I write this column every fortnight, and every fortnight it seems we have a big new expensive policy from Rishi Sunak. Love to know which macro model this twit is using. What's that, there are no useful macroeconomic models? Not even to zeroth order? So in effect he's just making this shit up on the daily to fit an ideological agenda. Like every other economist. 👈 Quote Link to comment Share on other sites More sharing options...
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