Markets globally are emerging from an abnormally low interest - rate environment that has been influenced in large part
by central bank decision - making globally.
Not exact matches
Lane added some texture to the
central bank's
decision to increase interest rates, saying policy makers were encouraged
by «widespread strength» in exports and business investment.
The writedown came late in the quarter after a Dec. 22
decision by Portugal's
central bank that effectively wiped out certain Banco Espirito Santo creditors.
OSLO - Norway
Central Bank holds Announcement of the Executive Board's interest rate
decision and publication of Monetary Policy followed
by press conference 0900 GMT STOCKHOLM - Riksbank executive board meeting 0800 GMT.
The U.S. Federal Reserve says it will appeal an earlier
decision from the U.S. District Court that challenged the swipe - fee regulations set
by the
central bank.
Thursday's
decision by the Swiss
central bank to call time on its efforts to prevent the euro from trading below 1.20 francs was a huge surprise.
It started with the Swiss National
Bank's (SNB)
decision to unpeg its currency from the euro earlier this month, followed
by a larger - than - expected bond - buying program from the European
Central Bank (ECB) on January 22.
The
decision by the SNB to call time on its efforts to prevent the euro from trading below 1.20 francs was a huge surprise and came amid mounting speculation that the European
Central Bank will next week back a big stimulus program that will put more euros in circulation which would further dilute their value.
News can affect yields
by offering market participants insight into economic fundamentals and shaping their expectations of
central banks» future monetary policy
decisions.
While a weaker yuan looked inevitable to Trinh, the
central bank's
decision to devalue the currency on Tuesday took markets
by surprise — sparking a selloff in global equities and emerging - market currencies.
The
decision by the
central bank's policy setting panel was in line with the expectations of markets and economists, who had given only low odds to governor Mark Carney removing a mild bias towards raising rates sometime.
Nor is it uncommon for the
central bank to move at rate
decisions that aren't accompanied
by its so - called Monetary Policy Reports (MPR).
The
decision by the U.S. Federal Reserve to move away from its quantitative easing policy — in which the
central bank creates billions of dollars to buy financial assets each month — comes amid signs the American economy is beginning to heat up, which would boost demand for Canadian imports.
Following a
decision by the Euro - currency Standing Committee (now the Committee on the Global Financial System) in December 1997, a group of
central bank economists and market analysts, under the chairmanship of the Bank of Japan, conducted this research from February 1998 to March 1
bank economists and market analysts, under the chairmanship of the
Bank of Japan, conducted this research from February 1998 to March 1
Bank of Japan, conducted this research from February 1998 to March 1999.
Our goal is to help gold market participants make informed
decisions about their wealth in an era of unprecedented monetary expansion
by central banks worldwide.
Also, Chinese policy - making, including
central bank decisions, is dominated
by the Communist Party.
While the
decision to leave the EU has caused notable market upheaval, global market declines were actually more extreme in the first few months of 2016 due to significant commodity price weakness, concerns regarding slowed economic growth in the U.S. and China, and monetary
decisions by major
central banks.
Interest rate changes and
decisions taken
by central banks.
The recent announcement
by European
central banks to restrict further sales of gold and the
decision by the IMF to fund its debt - relief initiative with off - market transactions, contributed to a sharp recovery in sentiment in the gold market in late September; the gold price in US dollars increased
by around 25 per cent in the wake of these
decisions, but has since retraced about half of this rise.
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.
At last month's Seoul summit of the G20 — or the G19 +1, as one senior Asian
central bank official recently dubbed it — the US was isolated from the other world economic powers
by the Federal Reserve's
decision to print hundreds of billions of dollars to boost the struggling US economy.
Some policymakers responded to the global uncertainty and downside risks to inflation
by revising down their economic projections, but a number of market participants went a step further to call the
central bank's
decision to begin policy normalization in December 2015 a «policy mistake.»
Noting that monetary policy works in part
by altering financial prices and asset values, and thus
by affecting risk - taking and borrowing and saving
decisions, it questions the notion that the monetary policy and financial stability goals of
central banks can be neatly separated.
Today the European
Central Bank will deliver their rate
decision followed
by a much anticipated press conference with Mario Draghi.
Monetary policy in China is too big a deal to be left to the
central bank; the State Council, headed
by Premier Li Keqiang, has to sign off on its
decisions.
For Europe, the announcement of interest rate
decisions made
by the European
Central Bank (ECB) is always followed
by a press conference.
And because these press conferences give context to the reasons behind some of the
decisions made
by the
central banks, they sometimes end up being far more important than the actual
decision itself.
And what's important there is, first, that the bubble is identified
by a set of experts — a set of policy makers who are focused on this issues — and, secondly, once the recommendations are made it's a broader political
decision, not just the
central banking making the
decision; it's a broader
decision made
by policy makers and legislators about what to do about the problem.
Due to the importance of these key
decisions taken
by the
central banks, their pronouncements are often followed
by a press conference.
Today's interest rate
decision has traders holding their breath, which,
by definition, reminds us all that the
central bank is the center of the universe — and has been since the onset of a financial crisis that it completely missed ahead of time.
This means that it can't decide on its own to either print more money or change interest rates as these
decisions are made
by the European
Central Bank.
TD initially lowered its rate to 2.75 per cent from 2.85 per cent following the July 2015
central bank decision, but later cut it to 2.7 per cent to match the moves
by the other big Canadian
banks.
The
central bank can further lower rates, a subsidy to bad
decisions,
by buying long debt, and maybe credit - sensitive debt (not yet, but wait and see).
Poloz provided insight into this
decision earlier this year, when he stated that our nation's
central bank runs its own, «independent monetary policy, anchored
by our inflation target of 2 %.»
A
decision by China's
central bank to rein in reserve funds held
by payment firms could cost the industry upwards of $ 689 million a year, spur consolidation and alter the way Asia's biggest tech firms move money.
Furthermore, the AG's reference to the Grimaldi and Gauweiler cases also support this opinion: only acts, whatever they are, adopted
by an EU institution (like a recommendation from the Commission in the first case, and
decisions of the Governing Council of the European
Central Bank, in the second case) are concerned
by Article 267 TFEU.
(a) The Claimants» case on the point at the hearing was made
by reference to a Dubai Court of Cassation
decision (
Central Bank of Sudan v Africa Alpha Capital 1 Co Ltd, Appeal no 480/2012 Commercial, where the defence was put forward that the court lacked jurisdiction under the Vienna and Riyadh Conventions because the
Bank was a «public venture forming a part of the government entities of the Republic of Sudan that enjoys immunity from judicial proceedings and is not subject to the jurisdiction of the State Courts».
Doctrinal flexibility demonstrated
by the Canadian Western
Bank and Marcotte
decisions violates the division of powers, introduces uncertainty in the law and undermines the concept of stare decisis, which is
central to our justice system.
Article 10.2 may be amended
by a
decision of the European Council, acting unanimously, either on a recommendation from the European
Central Bank and after consulting the European Parliament and the Commission, or on a recommendation from the Commission and after consulting the European Parliament and the European
Central Bank.
The
central bank's
decision was apparently provoked
by underlying «risks» associated with cryptocurrency, particularly around anti-money laundering and capital control requirements.