Hints and tips:
Related Topics
...“Only a month ago, the market had three full rate cuts priced in for the ECB next year, but now it is pricing in slightly more than two,” said Veit....
...Konstantin Veit, a portfolio manager at investor Pimco, said the ECB may struggle to boost economic activity: “We might end up in a situation again where governments are not investing enough and the ECB...
...“They are likely to say there is more work to be done,” said Konstantin Veit, a portfolio manager at investor Pimco....
...Konstantin Veit, a portfolio manager at bond investor Pimco, said: “Today’s meeting reiterates our view that, while the ECB might increase interest rates further, we feel it is approaching cruising altitude...
...“The main consequence is increased government bond supply to the market,” said Veit....
...“The performance of the economy is obviously good news in the short term for the eurozone, but for the ECB . . . it could suggest they may have more work to do on policy rates,” said Konstantin Veit, portfolio...
...Veit said he expected the ECB to consider creating a similar vehicle to the Fed’s reverse repo facility or to even issue its own debt, while adding that such a move was not imminent....
...Konstantin Veit, a portfolio manager at Pimco, an investor, estimated the figure could hit €600bn next year....
...Konstantin Veit, portfolio manager at Pimco, said: “As there are limited safe options out there to invest in, this leads to collateral scarcity and drives a large part of the money market to trade well below...
...“With the ECB more concerned with the inflation outlook than growth, it will continue to use the current window of opportunity to normalise monetary policy,” said Konstantin Veit, portfolio manager at asset...
...Konstantin Veit, portfolio manager at Pimco, said the ECB’s “hawkish message” signalled “more openness towards an earlier withdrawal of monetary policy support”....
...Konstantin Veit, a portfolio manager at Pimco, said: “That President Lagarde failed to assuage markets probably contains an element of markets questioning the ECB’s commitment to the new monetary policy...
...tasks of our time, climate change, growing social inequality and digitisation, he’ll be forced to do the opposite of what he’s so far known for: he will have to fight, and to fight with passion,” wrote Veit...
...Konstantin Veit, portfolio manager at Pimco, said inflation was unlikely to rise enough for the ECB to lift its deposit rate from minus 0.5 per cent until late 2023 at the earliest, predicting it would “...
...Konstantin Veit, a portfolio manager at Pimco, said: “At the crux of the challenge the ECB is facing, namely getting inflation up to 2 per cent, the review probably falls short as it doesn’t answer the question...
...“All boats have been lifted by the ECB,” said Konstantin Veit, portfolio manager at Pimco....
...Konstantin Veit, a portfolio manager at Pimco, said: “A higher PEPP purchase pace over the next quarter is not a particularly convincing concept, and speaks to a muddle-through compromise of a highly divided...
...“On balance there is probably a better than even chance that, at some stage, the ECB increasingly discriminates between green and brown issues and issuers, in one form or the other,” said Konstantin Veit...
...Konstantin Veit, senior portfolio manager at Pimco, said: “The ECB remains on autopilot and, absent zombie apocalypse, we don’t expect any material monetary policy decision from the ECB during the first...
...But until then, policymakers are likely to hold off on innovation; as Pimco portfolio manager Konstantin Veit said: “The ECB is on autopilot.”...
...“The inflation trajectory remains bleak,” said Konstantin Veit, a portfolio manager at Pimco....
...In San Francisco, it also hired Orrick alums Melinda Haag, Walter Brown and Randy Luskey as partners in its litigation department, and Jeremy Veit as a partner in its corporate department from Kirkland &...
...Konstantin Veit, a portfolio manager at bond investing group Pimco, said the ECB’s bond-buying programme “effectively constitutes loose yield curve control”....
...“We continue to expect an upsize of the pandemic emergency purchase programme as a next major monetary policy step, potentially as early as at the next meeting in June,” said Konstantin Veit, a portfolio...
...Daniel Behle’s David is sweet-toned, Günther Groissböck has authority as Veit Pogner. On Tuesday’s opening night, Anne Schwanewilms earned some hefty boos for her Eva, which had insecure moments....
International Edition