He does not share
some foreign central bankers» belief that their job is to defend against excessive asset - price inflation: «No sensible policy,» he maintains, «could have prevented the housing bubble.»
However,
foreign central bankers have warned the Fed that perpetual hesitation about raising rates contributes to uncertainty and are urging Chairwoman Yellen to simply pull the trigger now.
Not exact matches
Since 2014,
foreign central banks have withdrawn 246 tonnes of gold from the New York Fed, a trend that reflects that
central bankers are more seriously viewing the role of gold in their portfolio to lower the volatility of a reserve mix of just currencies.
One particular point I want to highlight is the need for
central bankers to be aware of the risks that their banks and corporations are taking in regard to
foreign currency exposures, as these can be a major source of financial vulnerability for a country.
It prompts
central bankers to buy - up the main international trading currency (the US$) using newly - printed local currency, resulting in the build - up of
foreign currency reserves, growth in the local currency supply, and an unsustainable monetary - inflation - fueled boom in the local economy.
The same goes for any US or
foreign leader,
central banker, or whatever.
As it respects the US Dollar, in the initial phases in the decline of the US Dollar, most
foreign finance ministers and
central bankers are pretty happy.
The same goes for any US or
foreign leader,
central banker, or whatever.
Successful defense of the
Central Bank of Jordan in a federal action brought by a
foreign banker.
The
Central Bank of the Philippines may accept an offer of the Philippines
Bankers Association to increase the price cap on the volume of transactions in
foreign currencies.