Sentences with phrase «central bank day»

As today was central bank day in Europe, both the ECB and the BOE had rate decision meetings and left their current policies in place.

Not exact matches

DUBAI, April 28 - Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country's central bank banned trading in digital currencies including bitcoin.

Rogoff has come a long way from those days in the»70s when he and his colleagues couldn't imagine central banks even considering negative rates.

The euro dropped to $ 1.1320 on Tuesday early afternoon, coming off from a day's high of $ 1.1389, after media reports suggested that markets misinterpreted President Mario Draghi of the European Central Bank.

The Swedish crown hit a six - day high after the country's central bank said it saw an interest rate hike coming in the second half of the year, but the currency quickly gave up those gains.

That's the first finding in this week's economic research wrap, which also looks at changes in the way women have spent their days in recent years and summarizes studies on spillovers from central bank balance - sheet normalization.

MONDAY, MAY 21 PRAGUE - European Central Bank Governing Council member Ewald Novotny attends the Czech National Bank's Research Open Day at the CNB headquarters, delivering the keynote speech and taking part in a short discussion.

But «investors» is a funny word these days of central - bank craziness: the entity that buys every Japanese government bond that isn't nailed down is the Bank of Jabank craziness: the entity that buys every Japanese government bond that isn't nailed down is the Bank of JaBank of Japan.

The U.S. central bank is scheduled to issue its latest policy statement and updated economic projections following a two - day meeting at 2 p.m. EDT.

Meanwhile Stateside, the Federal Reserve will continue its two - day policy meeting, with investors largely expecting the Central Bank to hold interest rates steady, and U.S. President Donald Trump will meet with visiting Palestinian Authority President Mahmoud Abbas.

The central bank starts a two - day meeting later on Tuesday and there is intense speculation on whether it will drop a commitment to keeping rates near zero for a «considerable time.»

«But at the end of the day they could, because of this global growth surge, the central banks including the Fed could very well be forced to hike... faster than the market expects,» he explained.

Last week, the Danish central bank cut interest rates to a record low for the third time in 10 days, while Russian policymakers reduced the central bank's main interest rate amid mounting recession fears.

But as anybody paying attention to what's been going on overseas knows, the days of central banks operating in concert are gone.

For the second time in a week, Argentina's Central Bank has hiked its key rate 300bps today (300bps on 4/27) to 33.25 % for 7 - Day repo in an attempt to stall the currency's freefall... for now it's not working!

SHANGHAI (Reuters)- China's stock markets closed sharply lower on Monday after a frantically volatile day of trading, despite surprise monetary easing moves by the central bank at the weekend.

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.

As for the British example at the end of the 19th Century, in those days currency was part of reserve accumulation, but much if not most reserves were in the form of gold or silver, and while Britain had the most important reserve currency, the difference between central bank holdings of sterling and central bank holdings of other gold - based currencies, like the franc, were pretty small relative to total trade.

That same day, local media reported that the central bank is pledging a virtual currency clampdown.

Rising Treasury yields are driving the Bloomberg Dollar Spot Index to the highest since February, leading to the worst three - day selloff in five years for developing - world currencies, which caused central banks to intervene.

Central bank moves to ease uncertainty around currency on global markets after cutting exchange rate for three days running

Deputy central bank governor, Zhang Xiaohui, says yuan is close to «market levels» after two days of declines

The central bank put the yuan's central parity rate at 6.4010 yuan for US$ 1, the China Foreign Exchange Trade System said, a drop of 1.11 % from the previous day's 6.3306.

The information has been releases just days after the Central Bank of Iran (CBI) banned bitcoin and other cryptocurrencies.

Diversification of central bank reserves into larger holdings of euros is much in the news these days.

Specifically, the LCR specifies that, when a bank issues an unsecured wholesale liability of 30 days or less, it must hold between 25 and 100 percent of the amount in the form of either central bank reserves or sovereigns.

DUBAI (Reuters)- Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country's central bank banned trading in digital currencies including bitcoin.

A two - day Federal Reserve policy meeting ended Wednesday with no change in rates, as expected, while the U.S. central bank said inflation had «moved close» to its target, leaving it on track to raise borrowing costs in June.

The day - long workshop, held at the Bank, brought out wide - ranging views on the goals of monetary policy, the effectiveness of monetary policy tools, the role of transparency and communications, and lessons learned from other central banks.

A two - day meeting of the the Federal Reserve's Open Market Committee was to begin Tuesday, when central bank officials will consider a potential second rate hike this year.

Iran has developed an experimental local cryptocurrency, a government minister said on Saturday, days after the country's central bank banned trading in digital currencies including bitcoin.

In a statement after the end of the two - day policy meeting, the central bank said, «The stance of monetary policy remains accommodative, thereby supporting strong labour market conditions and a sustained return to 2 per cent inflation.»

WASHINGTON (MarketWatch)-- The Federal Reserve will hold policy steady at the end of its two - day meeting today but is likely more comfortable with a plan to raise interest rates in September than investors now realize, according to a keen outside observer of the U.S. central bank.

Speaking of the world's central banks, the Federal Reserve is set to kick off its final two - day monetary policy meeting of 2016 tomorrow.

Ashwin Alankar of Janus Henderson articulated a view that central bank induced term premium suppression is akin to the killing of wolves in Yellowstone that fueled the overpopulation of elks, and the subsequent overgrazing which decimated the ecosystem is similar to present day's rise in market distortions and vulnerability to volatility

Contrary to popular belief, the fund was never intended to serve purely as a stash for a «rainy day»; it always had multiple social and political objectives — not unlike a central bank with an awkward dual mandate — and its investments included discounted loans to other provincial governments in the inflationary late»70s.

Reports that Iran developed its own blockchain - based cryptocurrency also garnered some attention, as the news came just days after the country's central bank banned bitcoin trading amid escalating concerns on money - laundering and volatility of such digital coins.

The housing - market recovery is tenuous and probably far too reliant on central - bank stimulus, but we'll take rising home prices over falling home prices any day of the week.

While global central banks attempt to reflate their respective economies, the heady days of 2006 or 2010 for commodity demand appear to be a thing of the past for now.

The yuan lost against the greenback in the previous day to as low as 6,5430 after the central bank changes two regulations on foreign exchange, seeming to indicate to let the yuan move more freely.

A high degree of independence and insulation from day - to - day political pressures is important for a central bank.

The Fed began its two - day Federal Open Market Committee this morning, and at its conclusion tomorrow afternoon, the central bank is widely expected to announce some sort of new measures to stimulate the economy.

The relatively hawkish policies of the Fed compared with other central banks pushed the U.S. Dollar Index to a peak of just under 104 on the first trading days of 2017, the highest level for the index since 2002.

In a policy statement after a two - day meeting, the central bank acknowledged hints of strength in the U.S. housing market, but reiterated a pledge to continue supporting growth even as the recovery picks up.

This revised report comes hours before the Federal Reserve is scheduled to release its Beige Book summation of economic activity across the United States, two days before Fed Chairman Ben S. Bernanke will speak at the Jackson Hole, Wyoming symposium on the economy, and two weeks before the central bank's next FOMC meeting.

The country's central bank has pushed the value of the currency lower for three consecutive days.

The probability of an interest - rate hike by the central bank at its meeting next week slipped to 71 per cent Wednesday from 87 per cent the day before, swaps pricing indicated.

Later that day, the Iran Front Post reported that the country's central bank had issued a statement relating that it does not recognize the legitimacy of bitcoin and other cryptocurrencies within Iran's borders.

«If oil prices continue to drift lower, the central bank's measures will be overcome by more panic in a matter days.»

For example, in the latter days of the 2011 election campaign, as Jack Layton's orange wave was gathering momentum, Harper and then - Finance Minister Jim Flaherty jumped all over Mr. Layton for allegedly violating the sacrosanct principle of central bank independence. Layton had responded to a reporter's question about interest rates, indicating it would be better for Canada's economy if they stayed low. Harper and Flaherty denounced this statement violently, calling it a «rookie mistake» that threatened the independence of the Bank. Layton quickly issued a clarification confirming that he, too, accepted the doctrine of central bank independence.