Sentences with phrase «made by the central banks»

Can we really trust the promises made by central banks for our money held via DLTs and blockchains?
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.
Reports state that Mataruka hinted at research being made by the central bank to help zero in on the risks involved with dealing with cryptocurrencies like bitcoin, accentuating that «[bitcoin] will not be allowed» until they [Reserve Bank of Zimbabwe] had developed a regulatory model for bitcoin's use and flow within the country - a subtle detail that could point to a recognition of the currency probably in the future.

Not exact matches

The Central Bank can close the credit pipes very quickly if it so desires by making it unprofitable to be a bBank can close the credit pipes very quickly if it so desires by making it unprofitable to be a bankbank.
Some investors are now making calls that the euro zone's central bank could end its massive bond - buying program by the end of next year, with a potential rate increase in the fourth quarter.
Chinese banking regulators announced this week that approximately $ 400 - billion (U.S.) in bad loans made by Chinese banks to local governments will be transferred to the central government.
Until Tuesday, the central bank had pledged to pump $ 1.1 trillion into markets via its asset - buying and lending program by the end of this year, but had made no commitment on whether to maintain the balance beyond 2014.
Comments were made by representatives of the central bank as well as the Securities and Exchange Commission on Tuesday, regarding the regulation of exchanges offering fiat - to - cryptocurrency conversion.
The Asian Bond Funds 1 and 2, initiated by the regional central banks, have made good progress.
The ECB makes governments unable to finance their spending by central banks of their own Introduction of the euro in 1999 explicitly prevented the ECB or any national central bank from financing government deficits.
Relatedly, Yifei discussed further efforts being made by China to «strengthen the management» of gold and silver, improve anti-counterfeit currency work, and develop its central bank digital currency (CBDC), which Yifei «steadily promoted,» according to an official press release.
Hence, all of the central banks make judgmental adjustments to the forecasts generated by the models.
The other heroic assumption made by standard models is that the central bank responds instantly a shock hits, and the economy responds instantly to the central bank's response.
The closing of the doors took place in a very low - key way: there was no formal declaration of any capital controls, but the Korean banks could obtain foreign exchange only by going to the central bank, so the central bank could strengthen the banks» bargaining position vis - a-vis the creditors by simply not making foreign exchange available to them.
By charging banks more to keep deposits at the central bank and less to borrow from it, Mario Draghi, the E.C.B. president, and his colleagues hope to make it less attractive for commercial banks to hoard cash.
Global growth could be impeded by a central bank making a policy mistake, such as raising interest rates too aggressively with regard to timing or frequency.
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..
What Governor Rajan did say, in his remarks made off the attached written text, was that the policies followed by major central banks around the world were in danger of slipping into the kind of beggar - thy - neighbour strategies that were followed in the 1930s.
«The wild fluctuations of the digital currencies along with competitive business activities underway via network marketing and pyramid scheme have made the market of these currencies highly unreliable and risky,» the central bank was quoted as saying in a Farsi report by the Iran newspaper's website.
No funds will be made available to Greece until after that list is reviewed and approved by the Eurogroup, the European Central Bank and the International Monetary Fund.
When that proverbial tide rolls out, owning investments that are fairly valued and that minimize the distortion that's been caused by years of central bank quantitative easing will make sense.
The quantity of gold held by the top 10 central banks, including the International Monetary Fund (IMF), is estimated to be in excess of 25,000 tons, which makes them the third - largest investor in the precious metal following retail investments in jewellery and bars / coins.
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.
The central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, making it more expensive to bet on further depreciation of the yuan.
Also, Chinese policy - making, including central bank decisions, is dominated by the Communist Party.
Despite the fact that all the central banks have been woefully wrong about nearly every single forecast they have made on GDP growth, inflation and labor markets for decades, they enjoy an aura of infallibility which would be the envy of any medieval Pope because they succeeded in doing what governments by themselves were unable to do in 2008 - 9, namely stop and reverse the financial crisis.
In particular, the Chinese central bank has been making headlines and disturbing the «easy money fan club» by daring to slow the growth of aggressive lending within the Chinese financial system by limiting liquidity growth to the financial system as a whole.
In March 2016, hackers siphoned $ 81 million from the New York Fed account of the Central Bank of Bangladesh, where instructions for making the payment were considered authenticated by the widely used SWIFT message system.
The importance of these insights for a proper understanding of central banks» devices for monetary control becomes instantly apparent once one realizes that, by regulating the actual quantity of its outstanding notes and deposit balances, together with the terms upon which it is willing to make more of the last available on credit to private sector financial firms, a central bank is able to influence, not just the quantity of circulating paper money, but the quantity of money substitutes created by the private sector.
It would make sense for business entities to «borrow for longer» with private capital crowded out by central banks now clamor for long - term cash flows, and this dynamic has tightened credit spreads to record narrow levels.
For Europe, the announcement of interest rate decisions made by the European Central Bank (ECB) is always followed by a press conference.
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.
It loads down economies with debt — and when debt service exceeds the surplus out of which to pay it, the central bank tries to «inflate its way out of debt» by creating enough new credit («money») to make real estate, stocks and bonds worth more — enough for debtors to borrow the interest due.
Yao's remarks align with statements made by other executives from China's central bank around its potential use of blockchain technology, including developing a state digital currency.
Not only this, but this FinTech concept is likely to also include cross-border transactions, made possible by the participation of another central bank in the foreseeable future.
Much has been made about the artificially low - interest rate environment formed by central banks and their quantitative easing punishing savers - with...
The central bank seeks to encourage increased lending by banks by decreasing the reserve ratio, which is essentially the amount of capital a bank needs to hold onto when making loans.
Systems analysis, elaborate simulation techniques, automated access to central data banks, information theory, game Theory, and the use of socio - economic models, often mathematically stated, all aided and abetted by the computer, make possible a massive application of data not hitherto possible.
The organisation, in a report signed by its Director General, Dr Nwambu Gabriel and made available to journalists in Osogbo on Friday commended INEC for being proactive in the distribution of sensitive and nonsensitive election materials from the Central Bank of Nigeria in Osogbo to all the units in the 10 Local Governments Areas that constitute the senatorial district.
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.
Nigerian government now seeks a court order compelling the two companies to pay into the Federal government of Nigeria account with the Central Bank of Nigeria, the sum of USD 406,751,070 being the total value of the missing revenue from the shortfall / undeclared / under - declared crude oil shipments of the country, made by the companies to United States of America.
'' As a result of this investigation, banks which are the authorised dealers in the export and import chain have been making effort to remit everything collected by them to the Central Bank.
One is that, to have money, you have to have the precious metal; you can't simply «create money», as the Fed and other central banks currently do, to stimulate spending by making money cheaper than what it will buy.
That does sound a bit like a proposal to raze the Tower of London in order to make way for a new marina, or to replace St Paul's Cathedral by an office tower block designed to house the godless central computer of the National Westminster Bank
When that proverbial tide rolls out, owning investments that are fairly valued and that minimize the distortion that's been caused by years of central bank quantitative easing will make sense.
In a market being goosed by the largest coordinated central bank easing in history, it makes sense to err on the side of bullishness.
By cutting its target for the overnight rate, the central bank is trying to push down the interest rates charged by Canada's big banks, making it cheaper for companies to borrow money to grow their businesseBy cutting its target for the overnight rate, the central bank is trying to push down the interest rates charged by Canada's big banks, making it cheaper for companies to borrow money to grow their businesseby Canada's big banks, making it cheaper for companies to borrow money to grow their businesses.
The statement issued by the FOMC, the Fed's policy making unit, following its meeting on Wednesday sent a clear message that the central bank expects to raise interest rates at its next sit - down in December.
Although there are many people who can make a good educated guess, the actions of the central banks in these countries are not regulated by any governmental body.
And we all know that the phenomenon of «financial repression» practiced by the world's central banks has conspired to keep interest rates low for the foreseeable future, which makes counting on highly taxed interest income from fixed - income investments equally dodgy.
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