Some inside and outside the bank believe it's high time that the ECB reduces its monetary stimulus as global supply chain problems push prices higher for all sorts of goods.The President of the European Central Bank Christine Lagarde delivers remarks during a joint press conference in Lisbon, Portugal.FRANKFURT — Market participants are keenly watching thethis week as the Frankfurt institution meets to discuss its pandemic-era stimulus amid soaring inflation and solid economic growth.
"Whereas the ECB may moderate the pace of its emergency asset purchases modestly in [the fourth quarter], we do not expect the bank to announce when and how it will phase out its big 'Pandemic Emergency Purchase Programme' and whether and to what extent it will beef up its modest standard Asset Purchase Programme and make it more flexible," Holger Schmieding, a chief economist with Berenberg Bank, said in a research note.
Currently the ECB buys 80 billion euros worth of bonds every month under the program, which will likely be reduced to 70 billion euros at the completion of its Governing Council meeting on Thursday, Schmieding added. It's worth noting the difference in opinion within the ECB's Governing Council. While some like the Bundesbank's Jens Weidmann openly warn of high inflation, others like France's François Villeroy de Galhau stress an improvement in financing conditions.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 Best Moisturizers for Dry Skin, According To A-List FacialistsLa Mer's The Moisturizing Soft Cream is, without a doubt, a cult-favorite in the beauty world. Nurse Jamie suggests it's worth every penny saying, 'incredibly light,' and not just light, 'basically weightless, but really great for dry skin types since it is super replenishing.' And it's a good thing it gets her stamp of approval because, at $335 for a 60ml jar, it's definitely a commitment.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
10 Best Armbands to Keep Your Phone Secure During Any WorkoutIf you\u2019re looking for a simple wristband for your phone, the VUP 360-degree holder is the way to go. Customers love this band for its rotating mechanism, easy phone access, and adjustable size for different phones. However, with a forearm holder, you risk getting tangled in wired headphones and some reviewers mention it feeling slightly less secure.
Source: PreventionMag - 🏆 141. / 63 Read more »
Search: 10 results found for 'AREA MAN'The official store from America's Finest News Source. The Onion Store offers Clothing and Accessories for Men, Women, and Children, home decor, as well as gifts for everyone on your list from The Onion. This is why I don't like anti vaxxers😒 lol
Source: TheOnion - 🏆 724. / 51 Read more »
10 Of The Best Air Mattresses That’ll Support You Through The NightUnlike saggy versions of the past, today's air mattresses have luxe features like built-in pumps, inflatable headboards, and tech to constantly monitor and maintain your air pressure all night. Here, we rounded up the best air mattresses you can buy right now. nice YO QUEENS! Catch my latest fashion video LINKED BELOW 👇 youtubeshorts YouTuber YouTube smallyoutuber fashion content Video videogames Rihanna 屠呦呦：青蒿素是中国人给人类最好的礼物。 Tu Youyou：Artemisinin is the best gift that the Chinese give to mankind.
Source: Forbes - 🏆 394. / 53 Read more »
10 Best Moisturizers for Dry Skin, According To A-List FacialistsLa Mer's The Moisturizing Soft Cream is, without a doubt, a cult-favorite in the beauty world. Nurse Jamie suggests it's worth every penny saying, 'incredibly light,' and not just light, 'basically weightless, but really great for dry skin types since it is super replenishing.' And it's a good thing it gets her stamp of approval because, at $335 for a 60ml jar, it's definitely a commitment.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Clinton Portis Pleads Guilty To Fraud Charge, Faces 10 Years Behind BarsClinton Portis is now facing up to 10 years behind bars after he agreed to plead guilty to a fraud charge last week. Damn CP 😔 🤦🏾♂️ Himmmm isss CUTEEE ❗❗❗ ...Im GOING 2 DAT JAIL 2 B HIS MAIN WIFE ❗❗❗🥰🥰🥰😍😍😍😍
Source: TMZ - 🏆 379. / 59 Read more »