Tag: central bank
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Conflict hurts Russian and Ukrainian currencies
Published on: 03/20/2022 – 04:30 Moscow (AFP) – With their economies rocked by conflict, the Russian and Ukrainian authorities have deployed different tactics to defend their ... -
The Fed is about to hike rates to control inflation
HARD TIMES AHEAD A person rides a scooter past a check cashing and payday loan store on Friday, March 11, 2022 (Manila March 12), in downtown ... -
RBI releases “BE(A)WARE” booklet listing common modus operandi for online financial fraud
There has been a significant increase in digital transactions and digital payment methods over the past few years. Demonetization and movement restrictions during COVID-19 contributed significantly ... -
RBA Deputy Governor Guy Debelle to Join Fortescue Renewable Energy Campaign
He’s the former DJ and punk music enthusiast who played a vital role in Australia’s response to the global financial crisis, but now Reserve Bank Deputy ... -
Jamaican-American is Chairman, CEO of the Federal Reserve Bank of Boston
The Federal Reserve Bank of Boston announced Dr. Susan M. Collins as the next President, CEO and participant in the development of national monetary policy on ... -
Don’t count on an easy Fed rescue from Ukraine fallout
(Bloomberg review) — Central banks have been a powerful tool in stabilizing the global economy in past crises. Their ability – and their will – to ... -
What’s at stake for the global economy as Russia’s standoff escalates
Breadcrumb Links PMN Company Author of the article: Bloomberg News Anya Andrianova and Lin Noueihed Publication date : February 23, 2022 • 10 minutes ago • ... -
Weak CPI, PPI numbers good for China’s economy in 2022: analysts
IPC Photo: VCG China’s consumer and producer price inflation slowed in January, indicating the country’s macroeconomic adjustment capacity to rein in price increases amid global inflationary ... -
US economic war on Afghanistan amounts to a humanitarian crime | Managing Editor Larry Elliott Economics
The war in Afghanistan didn’t end when American and British troops left Kabul airport last year: it just took on a different, but still deadly form. ... -
Asian stocks stretched as Fed looms, Ukraine a concern
Television cameramen wait for the market to open in front of a large screen showing stock prices at the Tokyo Stock Exchange in Tokyo, Japan October ... -
exports: Living with Covid is proving difficult for a paralyzed global economy
Bloomberg: The growing omicron variant is complicating the recovery of a global economy that continues to be ravaged by supply chain chaos, worker absenteeism and failing ... -
Inflation and high imports to push the cedi to 7 GH¢ per US$ by the end of the year – report by CEFIS
Inflation forecasts look quite gloomy due to international and domestic factors The Center for Economics Finance and Inequality Studies (CEFIS) has forecast that the Ghana cedi ... -
The inflation rate in the United States is likely to rise again: Eco Week
(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Bloomberg’s Most Read U.S. inflation has likely reached ... -
Germany’s Large Foreign Surpluses Finally Diminish, Meeting Former U.S. Demand
FRANKFURT â After years of stubbornness, Germany is on track to reduce its huge foreign surpluses, a potential boon for trading partners like the United States ... -
Wall Street joins the global equity slump; S&P 500 down 1.8%
A trader wearing a face mask works in the New York Stock Exchange trading floor (Reuters) NEW YORK: Wall Street joins a global financial market meltdown ... -
What do we know so far about the Indian Cryptocurrency Bill? – Quartz India
India may be getting closer to legitimizing ‘private cryptocurrencies’, but investors allowed to trade them on foreign platforms are still a matter of speculation. A cabinet ... -
Where the naira exchange rate, there the crystal ball, By Uddin Ifeanyi
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN). As the CBN continues to rewrite monetary economics, the old anthem no longer matters⦠we’ll have ... -
Who will be the next head of the Bundesbank? | The powerful 790 KFGO
FRANKFURT (Reuters) – Germany’s Social Democrats, a main partner in the three-party coalition forming a new government, are expected to choose a new head of the ... -
Future positions of the Fund for a changed investment landscape
In its latest position paper, the Australian’s Future Fund describes its approach to investing in a new investment landscape characterized by the end of 60:40 portfolios, ... -
Geopolitics Will End This Long Bull Market, Not Interest Rates
Take advantage while it lasts, because one thing is for sure is that something will eventually happen that will shake investor complacency at heart, although it ... -
Biden is calling on Lael Brainard for the vice-president post, a move that could shake things up at the Fed.
President Biden has said he will appoint Lael Brainard as Vice Chairman of the Federal Reserve, the No.2 role at the Fed and who could give ... -
the products whose prices have skyrocketed and why life is “so expensive” in the region – CVBJ
Shopping at the supermarket or filling up with gas has become increasingly difficult for millions of Latin Americans who see the cost of living rising every ... -
It could be argued that India’s digital journey did not need a demonetization “jhatka”, writes Ajit Ranade
This week marks the fifth anniversary of the day demonetization broke out across the nation, with just four hours notice. The Prime Minister announced at 8 ... -
Amid surging inflation, alarms have sounded over central banks’ focus on climate change and racial justice
Former Treasury Secretary Larry Summers’ criticism that the Federal Reserve and other central banks are focusing too much on “awakened” social issues reflects a growing concern ... -
China Evergrande flagship firm resolves onshore bond payments
Embated China Evergrande Group’s flagship real estate business says it will pay interest on onshore bonds, spending more time on heavily leveraged conglomerates to solve what ... -
North American morning briefing: stable markets with the Fed in sight
MARKET ENVELOPES To watch: Housing starts for August; FedEx 1T Profits Opening call: Stock futures rose on Tuesday, suggesting markets were poised to rebound a day ... -
Bond sales wake up from slumber as Fed talks rock emerging markets
(Bloomberg) – Emerging market bond sales are coming to life ahead of this week’s Federal Reserve meeting, as renewed speculation about the impending cut prompts borrowers ... -
Central banks tiptoe to tapering
PARIS: To type or not to type? That’s the question central bankers face as they debate when they should reverse the massive economic support measures they ... -
A securities company seized in connection with the dismantling of the holding of tomorrow is blocked
Shareholders in a securities firm linked to ousted tycoon Xiao Jianhua’s Tomorrow Holding Co. Ltd. have put up for sale their combined 98.24% stake as regulators ... -
New round table at the Kriegsspiel of the ECB concerning the purchase of bonds
The Governing Council of the European Central Bank faces a major cohesion test over cutting government bond purchases in the fourth quarter as part of its ... -
Turkey’s record growth rate belies bleak economic outlook
The Turkish economy grew 21.7% in the second quarter compared to the same period last year, the The Turkish Statistical Institute announced Wednesday, in what has ... -
Markets base on virtual Jackson Hole commentary
WASHINGTON, Aug 27, 2020 – Photo taken on Aug 27, 2020 in Arlington, Virginia, USA, … [+] shows a screen showing U.S. Federal Reserve Chairman Jerome ... -
Analysis: Inflation vs. job gap: a compromise the Fed still hopes to get around
An In-N-Out burger advertises workers at their restaurants in Encinitas, California, United States, May 10, 2021. REUTERS / Mike Blake / File Photo WASHINGTON, Aug. 25 ... -
GLOBAL MARKETS – Asian equities fragile amid growth concerns and dollar demand
Band Wayne Cole SYDNEY, August 23 (Reuters) – Asian stock markets were trying to pick up the pieces on Monday after last week’s crisis, as coronavirus ... -
What will central bankers say at this year’s Jackson Hole summit?
Updates on the global economy Sign up for myFT Daily Digest to be the first to know about global economic news. What will central bankers say ... -
Brazil poised for biggest interest rate hike since 2003
Updates from Banco Central do Brasil Subscribe to myFT Daily Digest to be the first to know about Banco Central do Brasil news. Brazil’s central bank ... -
POLL-Australia’s economic recovery threatened, slow vaccinations the main risk
Band Vivek Mishra BENGALURU, July 21 (Reuters) – Australia’s economy will be hit this quarter by renewed lockdown restrictions in an attempt to contain rising coronavirus ... -
China – Economically Inspiring – Investors’ Corner
China was the first to recover economically from Covid-19. However, its stock markets do not reflect this: stocks have been under pressure since the Chinese New ... -
RUTH SUNDERLAND: Gender gap hits UK economy
RUTH SUNDERLAND: Despite a display of female firepower in the economy around the world, the same effect has not been seen in the UK Women are ... -
Lebanon is slowly dying
Lebanon is currently in the throes of the worst economic crisis in its history. There are daily fuel and electricity shortages, a chronic lack of medical ... -
Central banks juggle global housing boom – Press Telegram
Soaring house prices around the world have become an important test of the ability of central banks to hold back relief in the event of a ... -
Fuzzynomics and 12 other names for our strange new post-pandemic era
Government Unbound Through Mohamed A. El-Erian, Chief Economic Advisor at Allianz and President of Queens’ College, University of Cambridge COVID-19 has energized an economic, social and ... -
What will the economy of the United Arab Emirates look like in the coming years?
Expo 2020 Dubai later this year is expected to boost tourism and boost jobs and infrastructure growth Image Credit: Provided Dubai: The coronavirus pandemic has put ... -
Thinking Big and Starting Early Works: Why This U.S. Economic Recovery Shames the 2009s
Early Friday, the U.S. government announced that the economy had created 850,000 jobs last month – a welcome recovery from the slowing job growth over the ... -
BNM receives 29 digital banking applications
by ASILA JALIL Bank Negara Malaysia (BNM) received 29 applications for the digital banking license during the six-month application period that ended on Wednesday. The central ... -
Bank of England’s Haldane warns of ‘very bad surprise’ if inflationary pressures are not nipped in the bud – business live | Business
Andy Haldane, the outgoing chief economist of the Bank of England, warned central bankers must act to control inflation before the “cat is out of the ... -
Europe’s Lonely Easing, Chinese Credit, The Copper Cartoon: Ecological Day
(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Welcome to Tuesday, Europe. Here’s the latest news ... -
Even Modest US Inflation Concerns Continue to Disrupt Global Markets | Voice of America
WASHINGTON – The extent to which the fate of the global economy is tied to the performance of the US economy is never more evident than ... -
Digital currencies could boost economic growth in developing countries where more than 50% of adults do not have bank accounts, BofA says
José Cabezas / Reuters Digital currencies could boost economic growth in developing countries, although their adoption is not without risks, Bank of America said. The company ... -
ESM appoints Cdric Crelo as communications director and chief spokesperson
(Luxembourg) – ESM has appointed Cédric Crelo as Head of Communications and Chief Spokesperson effective September 1, 2021. Mr. Crelo is currently Head of the International ... -
Analysis-Japanese yen expected to suffer a bit longer as BOJ balks at shrinking
By Kevin Buckland, Hideyuki Sano TOKYO (Reuters) – The developed world’s most accommodating central bank and companies keen to put their liquidity to work abroad have ... -
Latest coronavirus: UK braces for ‘watchful’ economic growth as service industry strides forward
Labor shortages and supply chain disruptions are hampering businesses across the country as the economic recovery from the coronavirus crisis accelerates. The pace of the rebound ... -
The first digital currency backed by the central bank
In the digital age, popular trends have spread like wildfire and the blockchain-enabled digital currency mania appears to be reaching critical mass. In the near future, ... -
Top 5 things to watch in the markets for the coming week
By Noreen Burke Investing.com – The May Non-Farm Wages Report Is The Main Event For The Week Ahead, With Investors Looking To See If April’s Surprisingly ... -
If not now when? COVID-19 is boosting global pressure to tackle the wealth gap.
London – Governments around the world, faced with strong evidence that the fallout from COVID-19 has widened wealth gaps and destroyed economies, have widened social safety ... -
For microfinance lenders, covid-19 is an existential threat
May 5, 2020 Editor’s Note: The Economist makes some of its most significant coverage of the covid-19 pandemic available to readers of The economist today, our ... -
Greek banks aim for soft landing as payment holidays come to an end
* Around 30 billion euros in loans for “vacation” maturing * Banks offer lower repayment plans to keep loans performing * The central bank predicts that ... -
UPDATE 2-China’s new bank loans fall more than expected, but credit growth is picking up speed
* New July loans 992.7 billion yuan against 1.20 trillion yuan f’cast * July M2 money supply + 10.7% y / y, vs f’cast of + ... -
Wall Street and Fed fly blind as coronavirus upends annual stress tests
WASHINGTON (Reuters) – US financial regulators, banks and their investors will get their first glimpse into the health of the nation’s banking system as it confronts ... -
Has India’s Moratorium on Loan Repayments Delayed Banks’ Suffering?
August 1, 2020 SONE AFTER India entered a strict lockdown in March as its central bank allowed borrowers to defer loan repayments for three months. This ... -
The Main Street loan program was recently overhauled, but some say it still misses the mark
After months of revisions and delays, the Federal Reserve’s long-awaited Main Street Lending Program is up and running – but critics say to stimulate the economy ...