TITLE

ECB shocks with rate cut to combat deflation threat

AUTHOR(S)
Jackson, Gary
PUB. DATE
November 2013
SOURCE
Fundweb;11/7/2013, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the European Central Bank (ECB) has cut its benchmark interest rates by 25 basis points to 0.25 per cent following fall in eurozone inflation to its slowest pace in four years. JP Morgan Asset Management global market strategist Kerry Craig states that low levels of inflation leave the region open to shocks that could see weak inflation quickly become deflation.
ACCESSION #
92581973

 

Related Articles

  • INFLATION RATE DIFFERENTIALS AND MONETARY POLICY IN EUROZONE. Ciobanu, George // 11th International Conference on Finance & Banking: Future of th;2007, p197 

    The primary goal of the European Central Bank's (ECB) monetary policy is to achieve price stability. Whereas during the 1980s and 1990s there was a rapid and strong convergence in terms of price differential among the Euro countries, particularly in those countries with higher inflation rates in...

  • Market watch. Cornell, Jonathan // Mortgage Strategy;8/20/2007, p20 

    The author analysis the interest rates swaps in Great Britain. According to him, consumer price index (CPI) has dropped from 2.4%-1.9% by which it is the first time inflation has fallen below 2% since March 2006. Moreover, the fall will bring hope to those who believe that interest rates may...

  • Hungary: More Rate Hikes To Come.  // Emerging Markets Monitor;5/5/2008, Vol. 14 Issue 5, p14 

    The article reports that on April 28, 2008, the National Bank of Hungary (NBH) increased its base rate by 25bps to 8.25%. It is said that elevated inflation risks remained a concern for the monetary council in spite of the deceleration in headline consumer price growth in March 2008. A chart...

  • Price Pressures Intensify.  // Emerging Europe Monitor: South East Europe Monitor;Jun2008, Vol. 15 Issue 6, p6 

    The article discusses the continuous surge of consumer prices in Slovenia in 2008. According to Business Monitor International (BMI) Ltd., the surge proves more pain in light of the European Central Bank (ECB)'s control of monetary policy. With second round effects, BMI warns that ECB's...

  • Key developments.  // Swiss National Bank Quarterly Bulletin;Jun2007, Vol. 25 Issue 2, p9 

    The article focuses on the strengthening of the global economy in the first few months of 2007. Though, U.S. has continued its loss of momentum, most countries in Europe and Asia are still having economic growth. But, despite of the slowdown, the U.S. Federal Reserve adhered to its restrictive...

  • Perspectivas de mercado: Macroeconomía. Sánchez Galán, José Ramón // Estrategia Financiera;2008, Vol. 23 Issue 246, p78 

    No abstract available.

  • Inflation a priority, says ECB chairman. Stavro-Beauchamp, Laura // Mortgage Strategy;1/14/2008, p14 

    The article reports that the inflation issue will be the top priority of the European Central Bank (ECB) in Great Britain in 2008. According to Jean-Claude Trichet, chairman of the ECB, there will be no complacency on the issue and that the members of the world's 10 strongest economies (G10)...

  • ECB cuts 2014 inflation forecast. Yarker, Jon // Fundweb;12/5/2013, p1 

    The article reports on the reduction in inflation forecast for 2014, from 1.3 to 1.1% by the European Central Bank (ECB) following its shock benchmark interest rate cut in November 2013. Comment of ECB president Mario Draghi regarding the projection for annual inflation rates is given. IHS...

  • The European Central Bank. Investor's Business Daily // Investors Business Daily;11/14/2013, pA02 

    The European Central Bank could adopt negative interest rates or buy assets to try to lift inflation, which has fallen to a multi-year low, ECB policymaker Peter Praet told the Wall Street Journal.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics