A rate cut is the European Central Bank’s best option to respond to rising borrowing costs in euro- area money markets, Goldman Sachs Group Inc. said in a note.
The European Central Bank may increase purchases of government bonds to ensure the sovereign debt crisis abates, according to Goldman Sachs Group Inc.
Germany’s economic expansion is increasingly home-grown.
Elections in three days augur a second campaign for Germany’s Social Democratic leaders: persuading their rank and file to join as Angela Merkel’s junior coalition partners.
Central banks are digging deeper into their tool kits in search of innovative ways to unclog bank lending and keep a weakening world economy afloat.
U.S. and European policy makers arguing about budget deficits and debt may be failing to combat the other plague on their economies: sluggish growth.
The Swiss National Bank probably won’t have to take additional steps to defend its currency cap, even after the European Central Bank lowered borrowing costs.
"If annual inflation prints rise gradually towards 1 percent in the coming months and medium-term inflation expectations remain stable-- as we and, according to Mr. Draghi, the Governing Council expect-- we expect the ECB to refrain from engaging in further, more aggressive unconventional measures."
- Dirk Schumacher on Apr 04, 2014