Recent Posts

Fed announces plans for repo operations through to mid-Feb

Bloomberg The Federal Reserve Bank of New York announced plans to conduct repurchase agreement operations through until at least February13, although the size of term operations will be trimmed to $30 billion from the start of next month. The central bank did not elaborate on plans beyond that. The move extends a programme that has been in place since it ...

Read More »

China adds $58 billion into banking system

Bloomberg China added liquidity to the financial system on Wednesday, helping to offset a cash squeeze ahead of the Lunar New Year holiday. It kept interest rates on the loans unchanged. The People’s Bank of China (PBOC) added 300 billion yuan ($44 billion) through the medium-term lending facility at 3.25%, according to a statement from the central bank. It also ...

Read More »

Officials at ECB see euro-area economy stabilising this year

Bloomberg The euro-area economy is starting to regain its footing, two European Central Bank officials said, suggesting monetary policy will stay on hold for now. Bank of France Governor Francois Villeroy de Galhau told bankers in Paris that recessions in the US or Europe can practically be excluded this year. Speaking earlier in Frankfurt, Executive Board member Yves Mersch said ...

Read More »
Send this to a friend