Home The European Central Bank to provide stimulus starting in early 2018: Blackrock's reader

The European Central Bank to provide stimulus starting in early 2018: Blackrock's reader

The European Central Bank to provide stimulus starting in early 2018: Blackrock's reader

New York (Reuters) – Blackrock Inc portfolio manager Rick rieder said on Thursday that investors should look at the European Central Bank to the withdrawal of the mass of some stimulus beginning early next year.

“we are thinking in the next meeting I will announce the taper” or wind down in the European Central Bank’s bond-buying program, ” said Ridder, the Global Investment Manager in fixed income at the world’s largest asset management company, which oversees $ 5.7 billion in assets.

“this is the next thing to keep an eye on it.”

such an announcement at the same time, a historic shift by central banks in the United States to relax bond-buying quantitative easing programs put in place to stimulate the economy after the global financial crisis in 2007-2009.

the Fed said on Wednesday it will start in October for sexually transmitted diseases is estimated at 4.2 trillion in holdings of U. S. Treasury bonds and mortgage-backed securities.

“this is the right thing, and it is historic,” said reader.

rieder said interest rates are very low in the developed world and that the European economy has “definitely download” tight, monetary policy, including somewhat higher.

after policy makers at the European Central Bank disagree on whether to put a definitive end to the date of their money printing programme when they meet in October, raising the chance that they will stay open at least the option to lengthen again, the six sources told Reuters this month.

reader that runs several wallet in Black Rock, he has been unloading long-term government debt in developed markets in recent weeks, but also to buy agency mortgage-backed securities (mortgage-backed securities, which sees affordable “relative to other high-quality assets.”

reporting by Trevor Hunnicutt; editing by Richard Chang and Tom brown

we have standards:Thomson Reuters trust principles.

The European Central Bank to provide stimulus starting in early 2018: Blackrock's reader

New York (Reuters) – Blackrock Inc portfolio manager Rick rieder said on Thursday that investors should look at the European Central Bank to the withdrawal of the mass of some stimulus beginning early next year.

“we are thinking in the next meeting I will announce the taper” or wind down in the European Central Bank’s bond-buying program, ” said Ridder, the Global Investment Manager in fixed income at the world’s largest asset management company, which oversees $ 5.7 billion in assets.

“this is the next thing to keep an eye on it.”

such an announcement at the same time, a historic shift by central banks in the United States to relax bond-buying quantitative easing programs put in place to stimulate the economy after the global financial crisis in 2007-2009.

the Fed said on Wednesday it will start in October for sexually transmitted diseases is estimated at 4.2 trillion in holdings of U. S. Treasury bonds and mortgage-backed securities.

“this is the right thing, and it is historic,” said reader.

rieder said interest rates are very low in the developed world and that the European economy has “definitely download” tight, monetary policy, including somewhat higher.

after policy makers at the European Central Bank disagree on whether to put a final end date of their money printing programme when they meet in October, raising the chance that they will stay open at least the option to lengthen again, the six sources told Reuters this month.

reader that runs several wallet in Black Rock, he has been unloading long-term government debt in developed markets in recent weeks, but also to buy agency mortgage-backed securities (mortgage-backed securities, which sees affordable “relative to other high-quality assets.”

reporting by Trevor Hunnicutt; editing by Richard Chang and Tom brown

we have standards:Thomson Reuters trust principles.

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