by admin | Jul 17, 2020 | Central Bank, FOMC, Individuals, Institutions
Summary The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. (Unchanged) Continue purchases under the pandemic emergency...
by admin | Jun 10, 2020 | Central Bank, FOMC, Individuals, Institutions
Summary The coronavirus outbreak is causing tremendous human and economic hardship (No Change) The virus and the measures taken to protect public health have induced sharp declines in economic activity and a surge in job losses. Weaker demand and significantly lower...
by admin | Jun 4, 2020 | Central Bank, FOMC, Individuals, Institutions
The pandemic emergency purchase programme (PEPP) will be increased by €600 billion, to a total of €1,350 billion. (new) The PEPP expansion will further ease the general monetary policy stance, supporting funding conditions in the real economy, especially for...
by admin | May 1, 2020 | Central Bank, FOMC, Individuals, Institutions
COVID-19 changed everything and ECB, under Madame Legarde, is using the same “whatever it takes” policy to stabilize the European financial markets and to make sure the financial system functions under the COVID-19 pandemic crisis. What has changed? Everything and...
by admin | Apr 29, 2020 | Central Bank, FOMC, Individuals, Institutions
Summary Staying the course of using its full range of tools to support the U.S. economy (no change) The disruptions to economic activity here and abroad have significantly affected financial conditions and have impaired the flow of credit to U.S. households and...