This week’s Greek tragedy
…is eligibility for ECB’s collateralized loans. In October 2008, the ECB dropped the minimum credit rating for eligible collateral on its credit facilities from A- to BBB-. However, Greece’s downgrade…
…is eligibility for ECB’s collateralized loans. In October 2008, the ECB dropped the minimum credit rating for eligible collateral on its credit facilities from A- to BBB-. However, Greece’s downgrade…
…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…
…the core using the ECB’s release of July MFI interest rate data. I highlighted this point exactly on August 1 following Draghi’s now famous London speech, where he cautioned that…
…the Euro area. The trend in key periphery household mortgage rates is consistent with the ECB rate cuts: down Note: All ECB refi rate data is through June 2012, so…
by Rebecca Wilder Is the ECB/EU Achieving Stated Objective of Balanced Growth? The primary objective of the European Central Bank is to maintain price stability; however, as a compliment to…
…these challenges the ECB will – in my opinion – refrain from raising rates this year as well as most of next year unless something extraordinary happens. The ECB is…
…the confidence within the Eurozone inspired by the ECB’s powers could vanish, particularly if there were doubts about the ECB’s ability to actually accomplish whatever it takes to avoid deflation….
…those sovereigns/banks that are solvent but face funding pressures. The ECB has addressed the funding pressure for the near term and is likely to continue to do so. Expectation for…
…they want on a short-term basis from the ECB at the current rate, 1.25%). By my calculations, the Central Bank of Ireland (via the ELA) and the ECB are subsidizing…
This week Trichet laid down the ECB’s hand, (effectively) announcing his intention to maintain inflation at the ECB’s target rather than allow it to overshoot. For all intents and purposes,…