ECB sees no fault in Elderson’s mission to ‘train’ staff minds on climate (POLITICO)

By Geoffrey Smith · Mar 6, 2024 The European Central Bank (ECB) is refusing to back down in a row with staff over perceived “disrespect” by top management toward staff. Earlier this week, the bank’s staff committee wrote to President Christine Lagarde to protest at comments at an internal event last month, where board member […]
Asset purchases won’t exclusively mean ‘easing’ for much longer (POLITICO)

By Johanna Treeck, Carlo Boffa · Mar 6, 2024 FRANKFURT — Since large-scale liquidity operations became the norm, markets have become accustomed to treating asset purchases of any sort as a signal that authorities are in monetary easing mode. But that is set to change. Central bank liquidity is now in retreat, which means the […]