Commerzbank said on Wednesday that it has now bought forward its expectations fo...
FILE PHOTO: The headquarters of the European Central Bank are illuminated with a giant euro sign in Frankfurt, Germany, March 12, 2016. EUTERS/Kai Pfaffenbach//File Photo
LONDON - Commerzbank said on Wednesday that it has now bought forward its expectations for an interest rate cut from the European Central Bank to July from the fourth quarter of this year. The change in forecast follows comments by ECB chief Mario Draghi on Tuesday that the central bank will ease policy again if inflation fails to accelerate.
“Yesterday’s speech in Sintra may well be remembered as opening the door for the next round of large-scale stimulus, similar to his Jackson Hole speech in 2014,” analysts at Commerzbank said in a note. “In essence, the ECB could no longer tolerate the adverse mix of collapsing inflation break-evens and rising real yields since the meeting two weeks ago.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
BlackRock: ECB turns up the pressure on the Fed to act more aggressively WednesdayBlackRock's global fixed income chief says the European Central Bank just turned up the pressure on the Federal Reserve to more toward easier policy.
Baca lebih lajut »
‘Currency war’ fears rise as Trump slams Draghi’s hint at more ECB stimulusPresident Donald Trump’s hostile response on Twitter to Draghi’s signal that the ECB could move to provide further monetary stimulus as early as next month...
Baca lebih lajut »
ECB Signals Possible Rate Cut, Bond-Buying ExtensionEuropean Central Bank President Mario Draghi signaled that the bank could cut interest rates or expand its giant bond-buying program as soon as its next policy meeting in July, sending stocks higher and the euro lower against the dollar.
Baca lebih lajut »
ECB will ease policy if inflation doesn't pick up: DraghiThe European Central Bank will ease policy again if inflation does not head back...
Baca lebih lajut »
ECB vice president says another bond-buying program could be part of new stimulusThe European Central Bank's (ECB) vice president said another large bond-buying program could be an option if inflation in the region doesn't reach its intended target.
Baca lebih lajut »
Dollar near two-week high before Fed as dovish ECB supportsThe dollar held near a two-week high early on Wednesday ahead of the Federal Res...
Baca lebih lajut »