Page 14 - European Central Bank

ECB split is brewing on President Lagarde's signature crisis-fighting tool

Governing Council members face a potential rift over how much their emergency bond-purchase program should stay weighted toward weaker countries

European stocks end higher as mood improves, Lufthansa jumps over 7%

The pan-European STOXX 600 closed up 0.7% after a choppy session with automakers, financial services, banks and insurers the top gainers, rising between 1.6% and 2.4%.

Warning of economic slump ahead, Lagarde urges EU to agree on stimulus plan

Now, they are divided over the size and terms of the recovery fund, which the Commission has suggested be split into two-thirds grants and one-third loans

ECB prepares more aid for euro zone economy to help Covid-induced recession

The ECB makes it clear it will do its part and the severity of the recession argues for earlier action

Euro zone economy to shrink between 8% and 12% this year: Christine Lagarde

Lagarde said the actual outcome would be between the "medium and "severe" scenarios

Inflation should be managed carefully

It's one of those rare periods where deflation is also possible. The RBI may have to adjust money supply in either direction

The case for deeply negative interest rates

Such a policy, backed up by measures to prevent cash hoarding by financial firms, can solve many of today's problems

Justify stimulus programme is needed and appropriate, German court asks ECB

The programme faced objections from conservative German academics that it exceeds the bank's authority and violates a legal ban in the EU treaty on financing governments

Market Ahead, April 29: Top Factors That Could Guide Markets Today

Moody's Investors Service has slashed India's growth forecast for calendar year 2020 to 0.2 per cent, from 2.5 per cent projected in March

Market Ahead, April 27: Top factors that could guide markets this week

According to a Business Standard report, the government will give out new official economic growth and budgetary projections in July or later

Franklin Templeton crisis: Short-term bond market is in deep trouble

The decision has been prompted by lack of liquidity in the high-yield market, as well as heavy redemption pressures that are affecting all debt funds

The wrong diagnosis

Calls for fiscal stimulus and monetary overreach will not help deal with the pandemic's economic consequences

With accounts in good order, Germany will be a post-coronavirus winner

Fiscally sound governments will be able to pump money into their companies unhindered by state-aid rules

RBI pulled out its bazooka to tackle Covid-19 slowdown: Experts on rate cut

The RBI said it was maintaining its "accommodative" stance, and would keep its position "as long as necessary" to revive growth, while ensuring inflation remained within target

Exceptional crisis, exceptional responses

Exceptional circumstances are sometimes the catalyst for exceptional leaders to emerge; they can also be extremely harsh for those who fail the leadership test.

Dow Jones, S&P 500 climb 2% as Fed, other policymakers take further steps

The Federal Reserve opened swap lines with central banks in nine new countries to ensure the world's dollar-dependent financial system continued to function

Top headlines: IndiGo employees take pay cut as coronavirus bugs economy

Reliance Group chairman Anil Ambani appeared the Enforcement Directorate in connection with a money-laundering probe against Yes Bank promoter Rana Kapoor and others, officials said.

Gold rises as ECB measures to limit coronavirus impact lift investors' mood

The metal fell about 3% on Wednesday along with other precious metals, as investors sold across assets to hoard cash.

Market Ahead, March 19: All you need to know before the Opening Bell

The Reserve Bank of India has decided to conduct open market operations on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities.

European Central Bank to print 1 trn euro this year to stem Covid-19 rout

The euro rebounded after the announcement and was last up 0.16% at $1.0929 and Asian stock markets stabilised.