Sentences with phrase «of central bankers at»

Speaking to an audience of central bankers at the Bank of England, the International Monetary Fund's (IMF) Christine Lagard extolled the virtues of virtual currencies as an alternative to traditional currency.

Axel Riedel, head of SPDR ETFs for Germany at State Street Global Advisors, weighs in on last week's convening of central bankers at Jackson Hole, U.S.

Not exact matches

European markets closed lower Friday after Federal Reserve chair Janet Yellen kicked off a series of central banker speeches at the Jackson Hole economic symposium.

Lowe joins a string of central bankers globally who have warned of the downside of digital currencies, including his New Zealand counterpart Grant Spencer, who at the weekend said Bitcoin's gains looked «remarkably like a bubble.»

Two new deputy governors made their debut at the latest BOJ meeting, according to Reuters — Masayoshi Amamiya, a career central banker, and former academic Masazumi Wakatabe, a vocal advocate of aggressive easing.

There is now considerable circumstantial evidence suggesting that the primary goal of many central bankers, despite their continued professions of fealty to inflation targeting, has become avoiding recession at all cost.

«I would say that the central bankers of the world, that have demonstrated great skill at time when governments were dysfunctional... actually came to the rescue of the world by undertaking activities that normally would not fall in the purview of central banks,» said Frenkel.

The proposal was one of several discussed at an international gathering of central bankers who are looking for ways to stimulate economies even after they have cut interest rates to near zero and flooded banks with money.

While Chancellor of the exchequer George Osborne (we say finance minister) called Carney the «outstanding central banker of his generation» and pursued him even when Carney at first turned down the role.

If Bernanke can not command the support of bankers, he may be at the end of his tenure as an effective central banker.

The Central banker announced an adjustment in the «size, composition and duration» of the bond - buying program, with a decision to be taken at the next meeting on 6 December.

Carney earned the reputation of being the best central banker in the world, at least in the estimation of the U.K. chancellor of the exchequer, who finally managed to persuade Carney to accept the appointment as governor of the Bank of England this week.

Confronted with the choice of whether to «lean» or to «clean» — leaning against emerging financial imbalances by keeping interest rates higher than they otherwise would be or cleaning up in the event the risks they create are realized by providing stimulus — central bankers at that time generally agreed that cleaning would be best.

As the monetary policy tightens and the central bankers sponsored punch bowl is taken away, I have been looking very closely at some of the fundamentals of my company holdings.

Moreover, and perhaps more importantly from a central banker's perspective, these Internet payment methods remain tied to existing payments systems involving the transfer of balances among accounts at financial institutions.

Canada's debt is being watched carefully by central bankers both at home and abroad for any signs of trouble on the horizon

He has produced a deep treatise on government debt, served as chairman of a world - spanning regulatory body, run Italy's central bank (while remaining coolly removed from the scandals and fracases of Italian politics) and made a pile of money working at Goldman Sachs — all without being pigeonholed as an academic, regulator or investment banker.

This week, a distinguished panel of central bankers and academics gathered at the Brookings Institution to discuss the vast implications of digital currencies on the banks that make the world go «round.

G - 20 Finance Ministers and central bankers meeting in Baden - Baden over the weekend dropped a long - standing reference to the pursuit of free and open trade and the rejection of protectionism in their official commnique, a move many saw as a swipe at U.S. - focused trade policies pursued by the Donald Trump administration.

«Central bankers know that QE can't go on forever and are talking more about handing the baton back to politicians,» says Graham McDonald, head of private equity at Aberdeen Investment Management in London.

Global central bankers continue to move along the path of gradual tightening, with the U.S. Federal Reserve at the forefront, normalizing interest rates and gradually reducing the size of its balance sheet.

Every year, David Kotok, chief executive of Sarasota, Fla. - based Cumberland Advisors, invites about 50 economists, money managers, former central bankers and others to a fishing camp at the northern edge of Maine.

When central bankers who issue fiat money have the discretion to alter monetary policy from month to month, to do whatever seems desirable at the moment, they also have a problem of the same sort.

Central bankers need to be careful not to increase interest rates too quickly this year because that could slow the economy too much, St. Louis Federal Reserve President James Bullard told CNBC on Thursday.Wall Street expects the Fed to raise rates at next month's meeting, in the first of what's seen as at least three...

And again, I'd lay you money that the world central bankers are very much onto what is occurring at the intels and some of the small boutique quantum technology firms that are out there, how they are looking to displace technology as we know it today.

After seven years of fighting deflation, central bankers may have at least won a battle, with implications for asset prices over the next 6 to 12 months.

The Aldrich plan, ostensibly the fruit of the National Monetary Commission's extensive deliberations, but really a scheme secretly cobbled together by Aldrich and his banker friends at Jekyll Island, was (according to Paolo Coletta) «particularly anathema to Bryan... because it called for a single, privately controlled central bank located in New York.»

The short version: He is an outstanding academic economist; he was the No. 2 official at the IMF; and he did a virtuoso job leading the Bank of Israel until earlier this year, making him the central banker to one of the nation's closest allies.

Fast forward to today when as Yra Harris writes in his latest Notes from the Underground, the realization that central bankers are on the verge of panic is that much closer, because as the veteran trader and strategist writes, «the continued efforts by the ECB, BOJ and Swiss National Bank to keep their overnight rates at crisis - era levels is increasing concerns around the globe that central bankers in general do not have an exit strategy.»

I've long wondered that after four years of unprecedented monetary policy with still very tepid at best economic growth, just whether investors would lose faith in the Fed (and really global central bankers for that matter) and politicians.

At first, market participants looked to a speech being given by ECB President Draghi at the annual Jackson Hole symposium of central bankers late in August, seeking hints about a change in monetary policAt first, market participants looked to a speech being given by ECB President Draghi at the annual Jackson Hole symposium of central bankers late in August, seeking hints about a change in monetary policat the annual Jackson Hole symposium of central bankers late in August, seeking hints about a change in monetary policy.

«Unfortunately, had they not kept monetary policy unnecessarily tight two years ago (as was pointed out to them at the time), perhaps we wouldn't today be left wondering if our central banker's plan for youth unemployment involves flagrant violations of the Employment Standards Act,» wrote Mike Moffatt, a well - known Canadian economist, dodgeball aficionado, and Pokemon Go enthusiast.

A blogger at Slate counters that Protestant central bankers performed the best of any religious group (Eccles, mentioned below, was a Mormon):

This outflow beat the previous record of $ 41.8 billion set at the height of the financial crisis in October 2008 and is likely due to a combination of factors including steadily rising yields and hints from global central bankers that monetary stimulus may be scaled back in the future, TrimTabs said.

With Brexit representing merely the latest shock, economists warn the planet is at risk of sliding into a low - growth trap in which companies retrench, wages are slashed and consumers spend less — all at a time when central bankers seem powerless to do anything about it.

Global central bankers continue to move along the path of gradual tightening, with the U.S. Federal Reserve at the forefront, normalizing interest rates and gradually reducing the size of its balance sheet.

Now that the US prime rate is bobbing up and down between zero and 0.25 percent, and the Fed is pumping hundreds of billions of dollars into the market, White's words at the 2003 conference have undoubtedly come back to haunt many a central banker.

«I have a very good job at the University of Chicago, and I am actually an academic, not a professional central banker.

Also notice that if we can't rely on central bankers, et al to get credit right, at least we've removed any incentives to drive the price of housing through the roof due to interest deductibility, negative gearing and capital gains tax holidays.

They're fair salivating at the thought of finding the next big thing to pour all that central bankers» funny money into, now they've lost interest in the other outlets for it all (barring commodities of course) What they don't use to speculate in permits like taxi plates, they'll pour into places like ET to grow ethanol and claim more brownie points to boot.

While it's tough to look at that chart and not think this is a speculative mania, there is something about Bitcoin that's captured the public's imagination — whether it's the varied potential applications of the underlying blockchain technology, the idea of Bitcoin as «digital gold,» or the promise of a currency immune to central banker meddling.

Perhaps the most remarkable response was from Christine Lagarde, managing director of the IMF, who said in a speech in February that that cryptocurrencies could, among other things, improve financial stability, inclusion and provide better value than traditional fiat currencies, particularly in less developed countries and warned central bankers to ignore them at their peril

In a keynote address at the third annual London Blockchain Summit today, Harris told a crowd of about 150 global bankers, insurers and technology providers that he looks forward to a day when central banks will issue their own cryptocurrency.

At the start of 2016, central bankers expected to make four rate increases, but a slump in first - quarter economic data and market volatility coming from abroad kept them on hold until December, when they squeezed in their one and only hike.