How green was my credit?

We're all being urged to be more 'green' and that includes the European Central Bank. So what would it mean for credit markets if climate considerations assume more importance in monetary policy? We've got some answers. We interpret recent ECB and Fed minutes. And don't stand so close to me! Why social distancing isn't as distant as it used to be

In this bundle

Credit

Sustainability

To green or not to green: What it means for Credit if ECB becomes greener

The French central bank governor has urged the ECB to introduce a climate criteria for its corporate bond-buying program. We take a look at the varying…

and

Eurozone: Backroom politics to the forefront

Last year was a good year for eurozone integration. But aside from the vaccination chaos, the potential political fallout looks much less spectacular this…

, and

Rates

ECB minutes: ‘Financing conditions’ are the new ‘uncertainty’

The just-released minutes of the ECB’s January meeting confirm the ECB’s current preferred stance: maintain favourable financing conditions…

Rates

United States

US: Steady Fed - Not taper ready

The FOMC minutes did help glean a bit more on Fed thinking, but in a way these are minutes from an economy that was not running as hot as the one we see…

and

Eurozone: voluntary social distancing weaker in second wave

In addition to official measures, voluntary social distancing played an important role in reducing mobility during the first wave of the Covid-19…

United Kingdom

UK Chancellor’s four budget challenges

Expect the UK budget to be tailored more towards the hardest-hit service sectors, as the government prepares for a fairly gradual exit from social…