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Top related persons:
ECB policymaker Yannis Stournaras - 2 Sterling - 1 Tony Sycamore - 1 Sycamore - 1 BoE Governor Andrew Bailey - 1 Yannis Stournaras - 1 Louisa Gouliamaki - 1 Rome - 1
Top related locs:
Zurich Switzerland United States Asia U.S Athens Greece ATHENS
Top related orgs:
European Central Bank - 2 ECB policymaker - 2 Swiss - 1 Bank of England - 1 Japan's Nikkei - 1 IG - 1 Federal Reserve - 1 Bank of Greece - 1

Search resuls for: "ECB policymaker Yannis Stournaras"


2 mentions found


☆ Safe-haven yen, Swiss franc soar as U.S. slowdown fears flare
  + stars: | 2024-08-02 | by ( ) www.cnbc.com   time to read: +2 min
Swiss Franc banknotes sit in the office of a bank in this arranged photograph in Zurich, Switzerland, on Friday, Nov. 20, 2015. The safe-haven Japanese yen and Swiss franc traded near multi-month highs against the dollar on Friday after an unexpected slump in U.S. manufacturing fuelled fears of a downturn, sending stocks and bond yields tumbling. The yen traded around 0.2% stronger at 149.085 per dollar, after popping as high as 148.51 overnight for the first time since mid-March. They were the only two major currencies to outperform the dollar overnight, which itself draws safe-haven flows, paradoxically even when the United States is the cause for concern. ECB policymaker Yannis Stournaras raised the risk of a weak euro zone economy sending inflation below the 2% target in an interview published on Thursday, reaffirming his expectation for two rate cuts this year.
Persons: Sterling, Tony Sycamore, Sycamore, BoE Governor Andrew Bailey, ECB policymaker Yannis Stournaras Organizations: Swiss, Bank of England, European Central Bank, Japan's Nikkei, IG, Federal Reserve, ECB policymaker Locations: Zurich, Switzerland, United States, Asia, U.S
☆ ECB should not stop bond buys early, Stournaras says
  + stars: | 2023-10-12 | by ( Lefteris Papadimas Francesco Canepa | Lefteris Papadimas | Francesco Canepa | ) www.reuters.com   time to read: +3 min
Member of the ECB governing council and Governor of the Bank of Greece, Yannis Stournaras talks during an interview with Reuters in Athens, Greece, October 11, 2023. In the interview, Greece's central bank governor also warned about the risk of stagflation from a prolonged war in the Middle East and spoke against increasing the amount of reserves that banks must hold. He countered calls by some of his colleagues for an early end to the ECB's last surviving bond-buying scheme, saying the central bank may need that firepower in a geopolitical environment fraught with risks. The ECB all but stopped buying bonds last year after a sudden surge in inflation forced it to unwind a decade of stimulus policies. "For the moment I see no reason why we should tighten monetary policy now because increasing the minimum requirements will imply monetary policy tightening," Stournaras said.
Persons: Yannis Stournaras, Louisa Gouliamaki, Rome, ECB policymaker Yannis Stournaras, Stournaras, Francesco Canepa, Mark Potter Organizations: Bank of Greece, Reuters, REUTERS, European Central Bank, ECB policymaker, ECB, Investors, European Commission, Thomson Locations: Athens, Greece, ATHENS, Israel, Palestine, Italy, Rome
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