Not exact matches
Upturn in Sentiment Buoys Some Emerging - Market Risk Assets There has been a welcome stabilization in global financial markets in recent weeks, which has been helped by indications from the European Central Bank (ECB) that it stood ready to expand its quantitative easing (QE) program, the possibility that the Bank of Japan (BOJ) might do the same, and a
decision by the People's Bank of China (PBOC) to further cut
interest rates and relax
reserve requirements.
As part of these bank -
reserve writings I addressed the reasoning behind the Fed's
decision to start paying
interest on
reserves, reaching the conclusion that the
decision had been taken to enable the Fed Funds
Rate (FFR) to be hiked in the future without contracting the supplies of
reserves and money.
Risk assets have also been helped by indications from the ECB that it stood ready to expand its QE program, the possibility that the BOJ might do the same, and a
decision by the PBOC to further cut
interest rates and relax
reserve requirements.
Will the federal
reserve raising
interest rates affect my
decision to refinance?
Will the federal
reserve raising
interest rates affect my
decision to refinance?
The Governing Council shall formulate the monetary policy of the Union including, as appropriate,
decisions relating to intermediate monetary objectives, key
interest rates and the supply of
reserves in the ESCB, and shall establish the necessary guidelines for their implementation.