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Suomen Pankki -

of the Governing Council of the European Central Bank, held in Frankfurt am Main on Wednesday and Thursday, 6-7 September 2017 1. Review of financial, economic and monetary developments and policy options Financial market developments Mr Cœuré reviewed the latest financial market developments. Since the Governing Council's monetary policy meeting on 19-20 July 2017 two noteworthy developments had taken place in government bond markets. First, the widening of the spread between the yields on...

Suomen Pankki -

Account of the monetary policy meeting of the Governing Council of the European Central Bank, held in Frankfurt am Main on Wednesday and Thursday, 19-20 July 2017 1. Review of financial, economic and monetary developments and policy options Financial market developments Mr Cœuré reviewed the latest financial market developments. At its previous monetary policy meeting on 7-8 June the Governing Council had been facing a financial market landscape characterised by rising stock prices and...

Suomen Pankki -

Account of the monetary policy meeting of the Governing Council of the European Central Bank, held in Tallinn on Wednesday and Thursday, 7-8 June 2017 1. Review of financial, economic and monetary developments and policy options Financial market developments Mr Cœuré reviewed the latest financial market developments. Yield curves in the US and German bond markets had flattened quite materially, by around 40 basis points and 30 basis points respectively, since about mid-March. Interestingly...