Tag Archives: ECB QE

We see the ECB making its QE programme progressively more flexible in response to the shortage of eligible bonds Press reports suggest the European Central Bank (ECB) may be weighing up the idea of loosening its QE rules via a deviation from the capital keys which the central bank uses as a basis for balancing its sovereign bonds purchases across euro area member states.The ECB faces a problem, because a Brexit-led flight-to-safety has reduced the universe of core bonds eligible for...

QE guidance, front-loading of asset purchases, and augmented TLTROs in the offing Read full report hereThere is considerable uncertainty around the modalities and consequences of Brexit, but one thing looks certain: central banks will be under great pressure to act again as circuit-breakers.The Bank of England (BoE) has issued a statement saying that it “will not hesitate to take additional measures”, including injecting “more than GBP250bn” of additional liquidity into the market. Rate...