ECB to keep policy loose this year despite high inflation risks: Reuters poll
The European Central Bank will not change the total size of its asset purchase programme at its June 10 meeting but will start tapering its pandemic purchases later this year, according to a Reuters poll which also showed inflation risks to the upside.
With an economic recovery underway and price pressures rising, calls for winding down the emergency purchases have increased in recent weeks. But several ECB members have said a decision to reduce purchases at the June 10 policy meeting was unlikely.
Nearly 90% of economists, or 34 of 39, in response to an additional question in the May 28-June 2 Reuters poll said the ECB would leave the 1.85 trillion euros worth of asset buys under its Pandemic Emergency Purchase Programme (PEPP) unchanged at its June meeting.
Read more about ECB to keep policy loose this year despite high inflation risks: Poll on Business Standard. The poll showed headline inflation would pick up sharply to average 1.8% this year
By Richa Rebello BENGALURU (Reuters) - The European Central Bank will not change the total size of its asset purchase programme at its June 10 meeting.
By Danilo Masoni and Julien Ponthus MILAN/LONDON (Reuters) - European stocks look set to hold around or inch just above current record levels as the i.
Publishing date: May 26, 2021 • 8 hours ago • 2 minute read •
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BUENOS AIRES/BRASILIA/MEXICO CITY B razil’s equity market is on course for its second slowest year since 2015 as the coronavirus pandemic continues unabated in Latin America’s biggest economy, offsetting good results from local companies, a Reuters poll showed.
The benchmark Bovespa stock index has stayed shy of January’s record high of just over 125,000 points, with investors worried about the mounting human and financial toll of COVID-19 in Brazil, but will surpass that peak by year-end.
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