ECB will warn of market correction risk this week, Guindos says

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 98%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Central bank sees rising economic threats to Europe

ECB vice president Luis de Guindos said the ECB sees growing risks to Europe's economy. Photograph: Paul Hanna/ReutersThe European Central Bank’s semi-annual assessment of financial stability this week will highlight how threats to the region have increased yet again, vice-president Luis de Guindos said.

“Repricing risks and liquidity difficulties render financial markets and nonbank financial institutions vulnerable to disorderly risk adjustments, Mr Guindos said in a speech in Frankfurt on Monday. “Investment funds’ liquid asset holdings remain low and could thus amplify a market correction in a forced selling scenario.”

Mr Guindos, who oversees financial-stability analysis at the ECB, repeated the current mantra of officials about inflation risks and the need to keep raising interest rates. His speech focused on how market and liquidity threats have shifted, noting that a correction in prices since the Russian invasion has already been under way.

“So far, this repricing has generally been orderly, but market volatility increased, leading to knock-on effects for margins and liquidity,” he said. “Asset valuations remain sensitive to the uncertain path of inflation, to monetary policy normalisation and to economic activity.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

That T20 World Cup win has gone to their heads.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Institutional investment in Irish property to ‘fall sharply’ in 2023, report predictsInstitutional investment in the Irish property market is expected to fall sharply next year, with industry experts warning that the market is on the “cusp of a downturn”. AWESOME
Herkunft: businessposthq - 🏆 8. / 71 Weiterlesen »