Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Interest Rates

News : Interest Rates

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

ECB's Makuch - board discussions moving more to rates from asset buying

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/19/2017 | 02:36pm CET
The European Central Bank headquarters are pictured in Frankfurt

Discussions on the European Central Bank board are shifting towards the use of interest rates rather than asset buying at the main tool for regulating the economy, Governing Council member Jozef Makuch said on Tuesday.

The central bank last week stuck to its promise to keep the money taps open for the euro zone economy for as long as needed, despite opposition from some rate-setters and increased growth and inflation forecasts for the bloc.

"It is true that the economic expansion seems stable and very nice, and inflation has been, although at a mild pace, coming closer to our targets," Makuch told reporters.

"Due to that we have modified the asset purchases, and the discussions are more and more shifting from asset purchases to possible future use of interest rates to regulate the economy."

He said he could not rule out that the bank will at some point give a signal about future interest rate-setting, though he did not elaborate.

(Reporting by Tatiana Jancarikova; Writing by Robert Muller; Editing by John Stonestreet and Hugh Lawson)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Interest Rates"
01/23 Utilities Recoup Some Losses as Treasury Rates Tick Down -- Utilities Roundup
01/23 Financials Flat As Traders Hedge On Rates - Financials Roundup
01/23 Czech central banker says time to raise rates
01/23 No boom to doom for central Europe's bonds when ECB stimulus ends
01/19 Global stocks rise as shutdown brews, bond yield at three-and-a-half year high
01/19 Global stocks rise as shutdown brews, bond yield at three-and-a-half year high
01/19 Stocks rise as shutdown brews, bond yield at 3-1/2 year high
01/18 Global stocks pause after rally; U.S. bond yields hit 10-month high
01/18 Global stocks pause after rally; U.S. bond yields hit 10-month high
01/18 Global stocks pause after rally; U.S. bond yields hit 10-month high
Latest news "Interest Rates"
Advertisement