Podcast
Questions and Answers
What does FRFA stand for in ECB unconventional policies?
What does FRFA stand for in ECB unconventional policies?
- Financial Rate Funding Allocation
- Fixed Rate Full-Allotment (correct)
- Fiscal Replenishment Full Authority
- Flexible Refinancing Facility Agreement
Which acronym represents a security purchase programme specifically targeted towards public securities?
Which acronym represents a security purchase programme specifically targeted towards public securities?
- VLTRO
- LTRO
- SMP (correct)
- OMT
What does TLTRO stand for in ECB's unconventional policies?
What does TLTRO stand for in ECB's unconventional policies?
- Targeted Long-Term Refinancing Operations (correct)
- Transnational Liquidity Term Repurchase Operations
- Term Liquidity Token Refunding Operations
- Total Long-Term Repurchase Obligations
Which acronym denotes a security purchase programme aimed at asset-backed securities?
Which acronym denotes a security purchase programme aimed at asset-backed securities?
When was the ECB's QE APP/PSPP announced?
When was the ECB's QE APP/PSPP announced?
What is the purpose of the CBPP programme?
What is the purpose of the CBPP programme?
What does the central bank do on a weekly basis to adjust the interest rates related to marginal amounts of base money?
What does the central bank do on a weekly basis to adjust the interest rates related to marginal amounts of base money?
In the context of daily and weekly monetary operations, what do they create for market rates?
In the context of daily and weekly monetary operations, what do they create for market rates?
When excess liquidity is abundant, where does the daily interest rate tend to go?
When excess liquidity is abundant, where does the daily interest rate tend to go?
Why does the economy resort to unconventional monetary policies according to the text?
Why does the economy resort to unconventional monetary policies according to the text?
Based on W.Buiter's classification, what is 'credit easing'?
Based on W.Buiter's classification, what is 'credit easing'?
How can the central bank steer the economy via shifts in the money market rate?
How can the central bank steer the economy via shifts in the money market rate?
What happens to market rates when daily interest rates fluctuate around the REFI rate?
What happens to market rates when daily interest rates fluctuate around the REFI rate?
What types of unconventional tools have been employed by the ECB?
What types of unconventional tools have been employed by the ECB?
What does increasing excess liquidity tend to do to the daily interest rate in the money market?
What does increasing excess liquidity tend to do to the daily interest rate in the money market?
Why might it be difficult to steer the economy via conventional shifts in money market rates?
Why might it be difficult to steer the economy via conventional shifts in money market rates?
