Hints and tips:
...“A wall of worry is hitting the bond market and the latest trigger is the oil price,” said Jim Leaviss, a fund manager at M&G Investments....
...While he only boasts a gravelly bellow, Arnold Schwarzenegger shares the same mythic status as those enchanted figures on Le Sirenuse....
...But Disney insiders say his experience at those consumer companies such as P&G has no relevance....
...Lena Komileva, chief economist at G+ Economics, predicted the ECB would halt its bond-buying this year and raise rates by late 2023....
...They will have to carry a sticker ranking their environmental impact from A to G under a proposed ecodesign for sustainable products regulation....
...Check out Martin Arnold’s succinct expression of the ECB’s other fears in the FT: . . . the ECB . . ....
...Lena Komileva, chief economist at G+ Economics, said the ECB’s move represented “an unprecedented pre-commitment as well as a big institutional culture change”, in contrast to the way it had raised interest...
...A stronger euro “negates almost all of the reflationary benefits from national and expected joint fiscal measures in response to the pandemic this year”, according to Lena Komileva, chief economist at G+...
...Lena Komileva, chief economist at G+ Economics, said: “Measures may prove slower to lift fully during the long winter flu season, even with the strong but short seasonal boost of Christmas travel and retail...
...Lena Komileva, chief economist at G+ Economics, said the rate could “fall ahead of the next bank auction to respond to expectations of sharply weaker lender profitability during the second wave of the pandemic...
...“The shape of the virus resurgence and ensuing business lockdowns and confidence shocks make a double-dip recession the central scenario,” said Lena Komileva, chief economist at G+ Economics, adding that...
...Closer to home, at Tarrytown, the British spy Major John André was caught, after he had met Benedict Arnold at West Point....
...Lena Komileva, chief economist at G+ Economics, said: “This is an ECB president with a very cohesive, collegial leadership style who wants the others to come to a common ground....
...Lena Komileva, chief economist, at G+ Economics, said there was “confusion over what the ECB wanted to achieve by bringing up the euro”....
...Lena Komileva, chief economist at G+ Economics, said: “The many voices of the governing council today send a signal that policymakers are still searching for the common ground on how to respond to the exchange...
...“Having signalled that the strength of the euro does not justify further intervention, the ECB has opened the door to a further rise in the euro towards $1.20,” said Lena Komileva, chief economist at G+...
...widened the structural divergences between the north and south of the eurozone and that accentuates the difficulties of setting monetary policy for the whole region,” said Lena Komileva, chief economist at G+...
...“With credit stresses ever-present in sovereign, bank and credit markets, it remains essential that the ECB stays ahead of the risk curve,” said Lena Komileva, chief economist at G+ Economics....
...“When you have negative rates, you are effectively targeting bank reserves, you don’t need a rate cut to allow overnight market rates to drift lower temporarily,” said Lena Komileva, chief economist at G+...
...Join Peter Spiegel, Lauren Fedor and Michael Peterson from the Peter G Peterson Foundation for the next instalment of the FT’s New Economic Reality series....
...“The ECB faces a very different challenge to the one of eight years ago with the eurozone crisis,” said Lena Komileva, chief economist at G+ Economics....
...measures to circumvent the negative growth chain reaction of containment, confidence, credit quality, bank capital constraints and defaults, that is in play now,” said Lena Komileva, chief economist at G+...
...“If they shift to a symmetric 2 per cent target, that would prevent any premature shift to tightening,” said Lena Komileva at G+ Economics....
...strategic review of monetary policy will result in an adjustment in the definition of price stability to imply a symmetric target around the 2 per cent inflation level,” said Lena Komileva, chief economist at G+...
...between global investment headwinds and pockets of domestic resilience, underpinned by easy ECB policy, will continue to make for uncomfortable eurozone GDP readings,” said Lena Komileva, chief economist at G+...
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