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GLOBAL & REGIONAL DAILY (Wednesday 16 September, 2020)

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GLOBAL & REGIONAL DAILY (Wednesday 16 September, 2020)

September 16  2020



Global Markets

Focus today is on the FOMC policy announcement (20:00 CET) and Fed Chair Jerome Powell’s press conference (20:30 CET) that may provide some clues about the Central Bank’s policy deliberations, especially after its shift to an average inflation targeting regime.


During the Economist Conference, Declan Costello ECFIN Deputy Director General, noted that discussions with the Greek government around the policies that will be funded by the Recovery Fund are under way and that the Pissarides Committee proposals are viewed positively by the EC.


Bulgaria: The Ministry of Finance placed yesterday successfully 10-year and 30-year Eurobonds worth EUR2.5bn (BGN 5bn) at average yields of 0.40% and 1.48% respectively.

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