Daily Management Review

ECB sets to discuss raising interest rates


03/20/2018


The European Central Bank (ECB) officials set to discuss expected interest rates as the biggest part of the board of governors believe that voluminous bond purchases ought to be completed in 2018, reports Reuters.



blickpixel via pixabay
blickpixel via pixabay
The officials are glad with forecasts for the market, particularly with rate hike expectations that is expected to occur in the middle of the next year. Thus, the future interest rate is now drawing increasungly more attention. A part of the monetary policy makers believes that the expectations should be limited as the inflation recovery is still slow.

The European Central Bank is going to continue purchase assets of € 30 billion every month until the middle of the autumn. The bank believes that the program then may be stopped.

"I don't believe there are any serious reasons for yet another prolongation," Reuters quotes one of the sources, "However, we should be careful with regard to our expectations towards rates, particularly considering currency and trade risks."

Sources say that the main decision to continue the bonds bonds purchasing policy after September ican be adopted late, for instance, in the middle of the summer.


source: reuters.com






Science & Technology

Financial giants and US government turn to quantum computers

Long Way To Go For Coronavirus Vaccine, Say Drgumakers

Google's subsidiary launches recognition service for photoshopped images

Unapproved Drug For Coronavirus Treatment And Testing Given By Gilead Sciences

Live Facial Recognition Cameras Will Be Used By London Police

Driverless Vehicle For Its Ride-Sharing Service Unveiled By GM’s Cruise

Amazon will allow customers to pay with palms instead of cards

Complete Computer System For Self Driving Cars Launched By Qualcomm

In A Lifetime We Could Accumulate 20Kg Micro-Plastic In Our Body

Creator Of The First 'Gene-Edited' Babies Of The World Gets 3 Year Jail Term In China

World Politics

World & Politics

EBA Finds Alarming Compliance Results For Gender Diversity Among Banks

Record high temperature observed in Antarctica

Venezuela to initiate international litigation against USA because of sanctions

Coronavirus Death Toll 204 In China, US Asks Americans Not To Go China

Hong Kong protesters block railway to mainland

Heavy rain kills 47 people in southeast Brazil

French tour operators will stop sending tourists to China until February 21

US Will Not Give Visas To Pregnant Women To Prevent Organized 'Birth Tourism'