Sentences with phrase «by central banks for»

One could liken this to techniques used by central banks for controlling the supply of currency available in order to affect inflation or deflation.

The rise and popularity of cryptocurrencies have come as a welcome sign for the African continent that has been plagued by rampant inflation caused by central banks for many years.

The past several years have featured little more than a gigantic asset swap, the short description being that massive volumes of government debt have been swapped by central banks for massive volumes of idle bank reserves, while massive volumes of low - yielding, covenant - lite debt have been issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate equities at elevated valuations through buybacks.

If it was not, there would be no need for the quantitative easing actions presently being taken by the central banks for the United States, Europe, Japan, and China.

Can we really trust the promises made by central banks for our money held via DLTs and blockchains?

** LONDON - Bank of England Governor Mark Carney will speak at the launch of the EconoME programme, a set of resources produced by the central bank for teaching basic economics and personal finance in schools - 1400 GMT.

FRIDAY, APRIL 27 LONDON - Bank of England Governor Mark Carney will speak at the launch of the EconoME programme, a set of resources produced by the central bank for teaching basic economics and personal finance in schools - 1400 GMT.

Inflation has exceeded the 2 % target rate set by the central bank for 5 of the 10 months reported this year.

Not exact matches

The comments - by Mario Draghi of the European Central Bank, Mark Carney and Andy Haldane of the Bank of England, Stephen Poloz of the Bank of Canada, a raft of U.S. Federal Open Market Committee members, and the Swedish Riksbank - surprised markets for their uniformly hawkish tone.

The Federal Open Market Committee and the European Central Bank are not only no longer offering a combined stimulus, they are a net drain on liquidity for the first time since stimulus was first introduced by former Fed Chairman Ben Bernanke.

A former member of the Bank of England (BOE) told CNBC it's «unwise» for the central bank to stick to a long - term policy strategy in case it gets wrong - footed by new economic dBank of England (BOE) told CNBC it's «unwise» for the central bank to stick to a long - term policy strategy in case it gets wrong - footed by new economic dbank to stick to a long - term policy strategy in case it gets wrong - footed by new economic data.

Derivatives trading is the culmination of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission as a currency without the backing of a government or a central bank, and a payment system without a reliance on banks.

Unlike modern fiat money, Bitcoin, which has often been called «cash for the Internet,» is not controlled or backed by any bank or central government authority, like the Federal Reserve, for example.

For starters, here's an overly simplified explanation of Bitcoin: It's a digital currency (there are more than 800 now) that isn't controlled by a central authority such as a government or bank.

A metaphorical term for how a central bank could stimulate the economy by creating money from thin air, Bernanke wasn't literally suggesting dropping it from a helicopter.

The most important policy action for mitigating the damage of a recession is for the central bank to keep interest rates low, according to the respondents, followed by increasing spending on transportation and other infrastructure projects.

BUDAPEST, May 3 - The crown eased versus the euro on Thursday as expectations for hawkish comments from the Czech central bank were outweighed by indications from the U.S. Investors in Central Europe have been closely watching the euro / dollar cross in the past weeks, which hovered around the 1.2 line on Thcentral bank were outweighed by indications from the U.S. Investors in Central Europe have been closely watching the euro / dollar cross in the past weeks, which hovered around the 1.2 line on ThCentral Europe have been closely watching the euro / dollar cross in the past weeks, which hovered around the 1.2 line on Thursday.

According to a Canadian official who requested anonymity, the central bank answered that a unilateral currency switch wouldn't mean much for Canada — all it has to do is supply the notes and coins purchased by Iceland — and the country was welcome to do it.

In January 2015, when the central bank shocked investors by cutting the benchmark interest rates, policymakers were criticized for doing too little to prepare markets.

Bets the European Central Bank might consider raising interest rates by the end of 2018 due to evidence of higher inflation and business activity in the euro have lifted the euro, which was poised for its best yearly performance versus the greenback in 14 years.

History has shown that market and economic volatility can be subdued — by central bank edict, monetary policy, or the adoption of hedges — for only so long.

The euro fell to its lowest level against the dollar in nine years Monday, driven by fears of political turmoil in Greece and hopes for more monetary stimulus from the European Central Bank.

China's central bank on Thursday raised interest rates for its reverse repos and medium - term lending facility (MLF) loans by 5 basis points.

By then, the Fed and other central banks should be ready for another round of «quantitative» stimulus.

A government plan to push for an upper limit of 5,000 euros to cash payments was met with fierce resistance two years ago, including by the country's own central bank.

Over the past several months, debt traders have been growing increasingly wary of this type of monetary tightening by global central banks, which have been the biggest buyers of bonds for years.

The central bank seeks to measure confidence by asking a group of 100 companies about things such as their hiring and investment plans for the 12 months ahead.

Japan's yen has weakened 13 percent over the past three months, while the Nikkei stock index has surged about 25 percent on hopes for bold action by the central bank.

After being hit by several headwinds over the past year, India is now set for growth of up to 8 percent per year, the country's former central bank governor, Raghuram Rajan, said.

Analysts said that although steps taken by the European Central Bank and European policymakers last year, such as formally setting up a bailout fund to provide assistance to troubled member states, provided a degree of support to markets, the euro now looked poised for a period of volatility.

Yields in the $ 14 trillion market for U.S. government debt touched record lows in 2016, driven by years of aggressive central bank intervention in the wake of the 2008 - 2009 financial crisis to keep interest rates low to stimulate the economy.

The central bank announced that it will charge an interest rate of -0.1 % for excess reserves parked at the bank by financial institutions.

By reevaluating the current bond purchase program and refusing to rule out a rate cut, the European Central Bank opened a new set of opportunities for investors.

Spooked by a sudden 19 % plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40 % of market capitalization, forced state - owned brokers to promise to buy stocks until the index reached a higher level, mobilized state - controlled funds to purchase equities, and promised unlimited support from the central bank.

For starters, a rate - hike in March by the U.S. Fed is completely off the table, says Timmer, who expects the central bank will also signal that it intends to hold at this level for some tiFor starters, a rate - hike in March by the U.S. Fed is completely off the table, says Timmer, who expects the central bank will also signal that it intends to hold at this level for some tifor some time.

For better or worse, we're still in a world in which market returns are heavily influenced by what central banks are doing, saying and even thinking.

The central bank of Saudi Arabia has signed an agreement with Ripple, paving the way for a pilot project through which the bank will help other banks in the country send payments internationally using technology provided by the blockchain company.

This might mean, for example, that the central bank would need to run a more stimulative policy than it would have otherwise to offset the effect of macroprudential policies, and the macroprudential authority would impose more stringent measures than it would have otherwise to counteract the leverage and risk taking generated by looser monetary policy.

Finally, a team of six central banks, led by the U.S. Federal Reserve, took action, reducing the cost for banks — especially cash - strapped European ones — to borrow U.S. dollars.

Mr. Draghi said he was bound by the European treaty, which «embodies the best tradition of the Deutsche Bundesbank,» the German central bank, code for strict inflation - fighting and the furthest thing from a wholesale emergency bailout.

With the global economy «floating on an ocean of credit,» the current acceleration of credit via central bank policies will likely produce a positive rate of real economic growth this year for most developed countries, PIMCO chief Bill Gross writes in his latest monthly commentary, but «the structural distortions brought about by zero bound interest rates will limit that growth and induce serious risks in future years.»

The tense negotiations over Greece's debt come as the Greek government struggles to find a consensus to pass the budget reforms demanded by its so - called troika of lenders — the European Central Bank, European Union and International Monetary Fund — in exchange for releasing the next installment of bailout money, a 30 billion euro ($ 38.3 billion) payout scheduled to be released in March.

Not that investors seem to worry too much for now: Korean stocks hit a six - year high two days ago, riding a wave of global liquidity created by central banks.

In China, slowing economic growth convinced the central bank to take its foot off the monetary brake for the first time in three years by increasing the lending capacity of its commercial banks.

15 This approach has been used heavily, for example, by central banks that have large foreign exchange reserves.

In a similar spirit, European Central Bank President Mario Draghi is now calling for a «growth pact» to replace the «fiscal pact» demanded by Angela Merkel's government in Germany.

For now, that volatility is being suppressed by, in many instances, ultra-accommodative central bank policies throughout the developed economies.

We see potential for quasi-fiscal operations, such as broader credit easing by central banks or sovereign guarantees on infrastructure projects, as part of the solution.

If this is true, by the way, it means that attempts at implementing liberalizing reforms are successful mainly during periods of great global liquidity, and this might have implications for China, especially if over the next few years global central banks begin to withdraw the huge liquidity injections that have underpinned asset bubbles around the world.

Discussing the complacency and complicity of traditional economic models, as taught in universities and adopted by central banks, Michael and Steve take us on a journey from a solar system to a galaxy of thought, taking in the history of economics to solutions for the ongoing global depression.