Sentences with phrase «case by central banks»

It still needs a viable proof of use case by central banks.

Not exact matches

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.

The policy response by inflation - targeting central banks has been very rapid as the crisis has unfolded, notwithstanding the fact that in some cases, the current level of inflation was above the target range.

Asked about Greece — a special case because of the political uncertainties there and because the country continues to labor under an international bailout program overseen in part by the European Central Bank — Mr. Draghi said that the bank could buy Greek boBank — Mr. Draghi said that the bank could buy Greek bobank could buy Greek bonds.

There could be several factors that had investors on edge — including news that North Korea had completed a fifth nuclear missile test and the European Central Bank had declined to announce additional measures to help stimulate Europe's sluggish economy — but many strategists pointed to a speech Friday morning by Federal Reserve Bank of Boston President Eric Rosengren, in which he said that «a reasonable case can be made» for tightening interest rates in the U.S..

In contrast to other prominent banking institutions, some of which are interested in exploring other use cases for the blockchain, Carstens did not appear impressed by technologies related to digital assets: «In practice, central bank experiments show that DLT - based systems are very expensive to run, and slower and much less efficient to operate on conventional payment and settlement systems.»

Their underlying worth is determined by the central banking system and the government, through a series of federal guarantees, the setting of interest rates and so on (money used to be backed by physical gold in Fort Knox, but that hasn't been the case since the 1970s).

It is in fact the case that the amount of currency in circulation has not been affected by any of these policies (such as quantitative easing by major central banks).

Bernanke sought to shoot down criticism of the Fed's easy - money policies and strengthen the case for new efforts by the central bank to bring down what he described as gravely high unemployment.

They have since U-turned on both the timing and the scale of the austerity measures; Cable claims he was persuaded of the case for deep and early cuts, «not by other politicians, but by talking to the most senior officials in the government and the central bank [who said] that we had to act».

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».

The lawsuit was among a group of cases filed by Perkin & Faria in 2011 against American Savings Bank, Central Pacific Bank and Bank of Hawaii.

However, the central bank is still hesitant on allowing cryptocurrency trading as explained by the chairman of State Duma Committee for Financial Markets, Anatoly Aksakov, «The central bank is against the legalization of this type of digital currency, since in this case, citizens can start actively investing in crypto - tools, not taking into account possible risks.»

Singapore's central bank has been studying the potential risks posed by cryptocurrencies, but there is as yet no strong case to ban trading of the digital coins in the city - state, Deputy Prime Minister Tharman Shanmugaratnam said.

Paper money is ultimately backed by governments that will take it in payment of taxes (and central banks that will reduce the monetary base in case of inflation).

Representatives of the Indonesian central bank and the national police force on the island have teamed up to investigate cases of cryptocurrency trading deemed illegal by authorities in Jakarta.

Banco Central do Brasil eying on Blockchain Technology for settlement system A new technical research paper recently released by The Central Bank of Brazil evaluates blockchain use cases and reviews a few of the available platforms to establish working prototypes of a...