Lira sinks to a record low: Erdogan dismisses central bank staff

The Turkish president apparently has little confidence in the monetary policy stance of the central bank. Despite a cut in the key interest rate last month – probably driven by Erdogan – three central bankers now have to go at his behest. The Turkish President Recep Tayyip Erdogan has again interfered in the personnel policy […]

Beginning of the end of easing ?: US Federal Reserve wants to leave crisis mode

The US Federal Reserve will decide whether to slowly say goodbye to the extremely loose monetary policy. Fed chairman Jerome Powell is likely to prepare the markets for a curb on multi-billion dollar asset purchases. The US Federal Reserve is about to set an important course in its planned exit from crisis mode. With soaring […]

PEPP program continues unchanged: ECB moderately curbs bond purchases

The economy is recovering in Europe. The monetary authorities are therefore reducing their aid, which is worth billions, a little in the fall. For analysts the minimum solution in view of rising inflation and uncertain pandemic developments. Europe’s monetary watchdogs easily put the brakes on their billion dollar bond purchases. However, this does not end […]

PEPP program continues unchanged: ECB moderately curbs bond purchases

In Europe, the economic recovery is slowly gaining momentum. The monetary authorities are therefore reducing their billion-dollar bond purchases a little in the fall. However, this does not change anything about the duration of the Corona emergency purchase program PEPP. The European Central Bank (ECB) is slightly off the gas with its billion dollar bond […]

PEPP program continues unchanged: ECB moderately curbs bond purchases

In Europe, the economic recovery is slowly gaining momentum. The monetary authorities are therefore reducing their billion-dollar bond purchases a little in the fall. However, this does not change anything about the duration of the Corona emergency purchase program PEPP. The European Central Bank (ECB) is slightly off the gas with its billion dollar bond […]

Monetary policy can be relaxed: ECB changes inflation target

The European Central Bank is reviewing its strategy. According to an agency report, it will change its inflation target. Chef Christine Lagarde will present the details in the afternoon. The top management of the ECB decided at the beginning of last year to launch a comprehensive review of its monetary policy strategy. Apparently, after months […]