Markets

‘The ECB action was strong, but when Lagarde went into the details investors lost their excitement’: Here’s what analysts are saying about the ECB’s $1.53 trillion rescue package

The European Central Bank increased its Pandemic Emergency Purchase Programme by a further 600 billion euros ($US676 billion) on Wednesday. Most analysts welcomed the move but noted the ECB’s response was more dovish than they expected. One analyst said: “With these decisions, the ECB clearly surprised the market on the […]
‘The ECB action was strong, but when Lagarde went into the details investors lost their excitement’: Here’s what analysts are saying about the ECB’s $1.53 trillion rescue package
Markets

The ECB just announced $676 billion of new stimulus to fight the coronavirus

The European Central Bank increased its Pandemic Emergency Purchase programme by a further 600 billion euros ($US676 billion) on Wednesday. Markets were largely expecting a 500 billion euros ($US563 billion) increase. The new package takes the ECB’s total announced monetary stimulus to 1.35 trillion euros ($US1.52 trillion). ECB also extended […]
The ECB just announced $676 billion of new stimulus to fight the coronavirus