Sentences with phrase «for central banks»

A chief economist says this could be the perfect time for the central bank to announce market - sensitive changes.

The «bank for central banks» has released a paper on the possible impact of state - issued cryptocurrencies, as well as arguments for and against the introduction of such monetary instruments.

The easiest way for the central bank to ramp up the size of its balance sheet would be to buy longer - dated government bonds.

All of which has significant implications for central banking.

As I have written recently, I think the period going forward will be more challenging for central banks than the preceding few years.

In short, the unemployment rate has proven to be a terrible measure of the state of the British economy and far more difficult for the central bank to control compared to inflation.

Several of the world's largest banks have today revealed a series of steps to advance a project aimed at making it easier for central banks to issue currencies on a blockchain.

There is no doubt that press conferences over the last few years have become an important tool for central banks to communicate their monetary decision effectively.

There is simply not enough room for central banks to cut interest rates in response to an economic downturn when both natural rates and inflation are very low.

They are all studying the potential for a central bank digital currency.

This ensures a reasonable amount of independence for the central bank.

Under most scenarios, it is impossible for a central bank which can issue its own currency to go broke.

It's been a primary concern for the central bank, too.

It's the hedge of choice for both central banks and experienced investors, and it's a low - volatility, steady growth investment.

With inflation under control and renewed risks to the global economy, there is little rationale for the central bank to raise interest rates anytime soon.

«The rate of incidence of financial distress that calls for central bank lending should tend to increase over time,» they wrote.

Moreover, reversing the direction of policy would hardly be helpful for central bank credibility as the central banks around the world who raised rates and then were forced to reverse themselves have discovered.

Second, recognize what it will take for the central banks to bolster economies in the next economic downturn.

The discussion examines prospects for central bank - issued digital currencies.

Let me focus on some of the implications of global economic and financial integration for central banks.

There are two important issues for the central bank to communicate to the public.

Indeed, the inflation target's role as a coherent framework for the central bank to communicate with the public may be one of its greatest benefits.

For central banks preparing for exit, it means communicating clearly about all the factors that will influence their decisions, including financial stability, she said.

After all, there was no other asset in sufficient supply to form the basis for central bank monetary reserves.

The problem is that it is hard for a central bank to know whether it is dealing with a financial bubble or a new era of much faster growth.

Some investors were unprepared for the central bank's let - it - ride attitude.

Low and negative rates appear to be becoming an article of faith for central banking rather than a temporary fix.

Understanding systemic climate risks: implications for the financial sector and lessons for central banks and financial regulators 2.

The demand of gold for the central banking industry, government deficits, and even interest rates from the central bank all determine the gold spot price.

Although this may be a desirable outcome for any central bank, many are learning just how hard that can be.

It is common practice for central banks to hold assets in their reserves such as foreign currency or gold in the case of a financial emergency or market shock.

A new digital currency built for central banks is designed to make it easier for more people to use two powerful tools: real - time settling and cash.

Since the financial crisis it has become increasingly challenging for central banks to maintain price stability without compromising other political objectives, such as encouraging economic growth.

There is no doubt that press conferences over the last few years have become an important tool for central banks to communicate their monetary decision effectively.

When interest rates are already low, there is less room for the central bank to cut discount rates.

Inflation targets had been adopted, alongside the operational independence for the central bank to use the short - term interest rate to steer the economy towards that target.

It also makes it easier for central banks to analyze and regulate a digital financial system.

The improving U.S. outlook is already pushing up some lending rates, and should eventually reduce the need for central banks in the United States and Canada to hold down short - term interest rates to spur the economy.

Meredith has worked at the intersection of financial markets and monetary policy for central banks in Sweden, the United States and Australia.

Only after a new governor and deputy governors are in place in coming weeks will the nine - member board decide how to meet widespread expectations for the central bank to take more aggressive action to revive the long - moribund economy.

As a result, what is now considered a neutral policy rate for a central bank — one that neither stimulates nor restrains growth — has experienced a likely medium - term decline in the United States and other major economies.

Is there a case for Central Bank cryptocurrencies?

It added that «introducing a central bank digital currency could result in a wider presence of central banks in financial systems», which could result in a «greater role for central banks in allocating economic resources, which could entail overall economic losses should such entities be less efficient than the private sector in allocating resources».

Entities turn in currency for demand deposits, the commercial banks turn in all of the currency for central bank reserves, and the commercial banks turn in all of the central bank reserves for bonds.

Asked about the move to reveal the rate cut discussion only after the rate decision was released, a spokeswoman for the central bank said Poloz's open statement to reporters is designed to fill the gap between the quarterly monetary policy report and press release announcing the rate decision.