ECB’s Lagarde Says Asset Purchases, Longterm Loans Main Tools, Warns Against Vaccine Optimism

Policymakers are set to favor asset purchases and longer term loans at cheaper rates to support the euro area economy during the crisis caused by the coronavirus, or Covid-19, pandemic, European Central Bank President Christine Lagarde hinted on Wednesday, after … Read more…

ECB Policymakers Debated Flexibility, Purcahse Enevelope Of Asset Purchases: Minutes

European Central Bank policymakers discussed the flexibility and target of the bank’s emergency bond purchases that were unveiled to support the euro area economy amid the disruption caused by the coronavirus, or Covid-19, pandemic, the minutes of the July 15-16 … Read more…

Millennials are about to trigger a major ‘changeover point’ for the US economy, asset manager says

U.S. adults aged between 21 and 38 years old will prioritize "necessity spending" over the next decade, Bill Smead told CNBC on Monday. Economy ECONOMY NEWS UPDATE: SPECIAL NEWS UPDATE: Click today to request your free ACRX discount prescription card … Read more…