Francesco Ninfole

giornalista, caporedattore @milanofinanza. More about me here:

[Francesco Ninfole @fninfole]

My interview with Andrea Enria, Chair of the Supervisory Board of the #ECB.
@milanofinanza

Italian:
https://t.co/xJbP3r02B5

English: https://t.co/m060HSVvDk

[European Central Bank @ecb]

The lessons we draw from recent banking crises are that supervision has to be able to intervene early and effectively, and that banks have to strengthen their internal controls, Supervisory Board Chair Andrea Enria tells @MilanoFinanza. Read more https://t.co/QyQrCTLKgT

[Francesco Ninfole @fninfole]

My interview with Philip Lane, chief economist and member of the executive board of the #Ecb. @milanofinanza

Italian:
https://t.co/A54fKDfRui

English: https://t.co/ELKqpNHSQp

[Francesco Ninfole @fninfole]

L'espansione del bilancio #Bce

#ecb #pepp #app #pspp #tltro #ltro

[Francesco Ninfole @fninfole]

L'impatto sul pil dell'ultimo pezzo di #Basilea 3 secondo #Bce

#basel #banche #banks #banking #ecb #ssm #eucommission #eu

https://t.co/ZhrvmTbNHQ

[Francesco Ninfole @fninfole]

Le attese sul #tapering delle banche centrali
https://t.co/x5WmFyCza9
#fed #bce #ecb #boe #boj #centralbanks #markets

[Francesco Ninfole @fninfole]

Il forte aumento dei #prestiti alle #imprese nell'anno del #Covid, legato a #garanzie pubbliche e sostegno #Bce alle #banche
#banks #banking #ecb #nfc #corporate #loans #eucommission

[Francesco Ninfole @fninfole]

Oggi su MF Lane (#Bce) spiega in dettaglio i fattori temporanei che stanno influenzando l' #inflazione e sottolinea che resterà contenuta nel medio termine. Anche dopo la pandemia, dice Lane, la politica monetaria dovrà assicurare una rapida convergenza verso il target Bce. #ecb

[Francesco Ninfole @fninfole]

#Ecb Risk Map for 2021

#banks #ssm #banking #npl #climatechange #realestate #markets #cybercrime

https://t.co/q6vTfJVIG4

[Francesco Ninfole @fninfole]

Barclays - The #PEPP will be there for as long as needed and probably for a very long time. The #ECB kept some ammunition for its next meetings (tiering, financial commercial paper and/or fallen angels in the PEPP, non-financial CPs in the loans eligible for TLTRO III).

[Francesco Ninfole @fninfole]

Reactions after #ECB meeting

Morgan Stanley - The ECB surprised positively, boosting #PEPP by more than we expected. We expect one more PEPP expansion, likely in March 2021, of €400 billion, alongside an extension to end-2021.

[Francesco Ninfole @fninfole]

Citi - We suspect that the 2-3 Dec meeting could be when another delay in the return of inflation to its target would likely warrant a further #PEPP extension.

[Francesco Ninfole @fninfole]

Karlsruhe's ruling doesn't hold back #ECB's action

https://t.co/iTYYPr7xQe

[Francesco Ninfole @fninfole]

Citi sees: i) an expansion and extension of the PEPP programme; ii) clarification that assets purchases under this programme will be reinvested as a matter of course; and iii) confirmation that deviation of purchases from the capital key of the ECB will continue to take place.

[Francesco Ninfole @fninfole]

Expectations for tomorrow's #Ecb meeting

https://t.co/plzgVVSVCq

[Francesco Ninfole @fninfole]

Berenberg: we see a 60% probability that the ECB will raise its asset purchase target, probably by €500bn. Gloomy staff projections for growth and inflation will make it easy to justify such a decision. Acting now would suit the ECB’s recent “whatever it takes” approach.