Economy Will Return to Moderate Recovery: BOJ
Feb. 18 (Bloomberg) -- JPMorgan Securities Head of Japan Equity Research Jesper Koll reports on the Bank of Japan. He speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
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23:53 - Portugal’s debt would no longer be eligible for purchase under the European Central Bank’s quantitative-easing program if the country’s credit rating is downgraded on Friday, President Mario Draghi said. A decision by Canadian rating company DBRS Ltd. to take away the country’s only investment-grade rating would disqualify Portuguese sovereign bonds from asset purchases and use as collateral in refinancing operations, Draghi said at a press conference in Frankfurt following the Governing Council’s monetary-policy meeting. A rating review is due on Oct. 21. M&G Investments Chief Executive Officer Anne Richards discusses Portugal's rating review and the outlook for the European economy with Francine Lacqua on "Bloomberg Surveillance."