MNI BRIEF: Bank Of Italy Downgrades 2024 Inflation Forecast

CANADA MAR JOBLESS RATE 6.1% VS FORECAST 5.9%, PRIOR 5.8%

MNI: Canada Wages Up 5% Even With Highest Jobless Rate In 2Yrs

MNI BRIEF: Monetary, Fiscal Policy Need Harmony - Campos Neto

CORRECTED-MNI: Changing Brazil Fiscal Target Not "Plan A"

MNI BRIEF: PBOC To Curb Any Overshooting Of The Yuan-MPC

EZ/UK Bond Supply Calendar: EU-Bond Auction, BoE Short APF Mon

EZ/UK T-Bill Calendar: Germany and France Bills Due Monday

CANADA MAR IVEY PURCHASING MANAGERS INDEX 57.5 SA

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: May Be Right Time To End APP, Raise Rates - Panetta

(MNI) LONDON
(MNI) London

The time may be right to stop asset purchases and end negative interest rates, one of the European Central Bank Executive Board’s more dovish members said in an interview published Thursday.

“With medium-term actual and expected inflation around 2% we can gradually reduce the level of monetary accommodation, providing less stimulus to the economy than in the past,” Fabio Panetta said. “Under current circumstances, negative rates and net asset purchases may no longer be necessary.”

MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
Policy NewsCentral Bank NewsHomepageStoryCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefEuropean Central BankRegion
True
MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
Policy NewsCentral Bank NewsHomepageStoryCEEMEAEurozoneEuropean Central Bank (ECB) Market NewsBriefEuropean Central BankRegion
True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.