We can think
of central banks as equivalent to a margin desk inside an investment bank in the present situation.
Q: We think
of central banks as mostly being in the business of keeping inflation under control.
Gross writes that, «Soaring debt / GDP ratios in previously sacrosanct AAA countries have made low - cost funding increasingly a function
of central banks as opposed to private market investors.»
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.
Not exact matches
Here's what
Bank of Canada Governor Stephen Poloz wants you to take away from his speech in Whitehorse on June 15: the world is unfolding roughly as the central bank thought it would a month earlier when it published its latest quarterly economic rep
Bank of Canada Governor Stephen Poloz wants you to take away from his speech in Whitehorse on June 15: the world is unfolding roughly
as the
central bank thought it would a month earlier when it published its latest quarterly economic rep
bank thought it would a month earlier when it published its latest quarterly economic report.
JAKARTA, April 25 - Indonesia's
central bank on Wednesday urged businesses to hedge their foreign exchange needs beyond minimum requirements,
as policymakers seek to mitigate risks
of further capital outflows following the rupiah's slump.
YELLOWKNIFE, Northwest Territories, May 1 (Reuters)-
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the
central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
bank can manage the risks
of Canada's high household debt, even
as he signaled that interest rate hikes will continue, increasing the cost
of that debt.
The
Bank of International Settlements, known as the «central bankers» central bank,» seems to share this conc
Bank of International Settlements, known
as the «
central bankers»
central bank,» seems to share this conc
bank,» seems to share this concern.
YELLOWKNIFE, Northwest Territories, May 1 -
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
Bank of Canada Governor Stephen Poloz said on Tuesday there is good reason to believe the
central bank can manage the risks of Canada's high household debt, even as he signaled that interest rate hikes will continue, increasing the cost of that d
bank can manage the risks
of Canada's high household debt, even
as he signaled that interest rate hikes will continue, increasing the cost
of that debt.
As former
Bank of England governor Mervyn King once said, «A successful central bank should be boring.&ra
Bank of England governor Mervyn King once said, «A successful
central bank should be boring.&ra
bank should be boring.»
One
of the ways the
central bank assesses the mood
of business owners and managers is to ask them how things such
as current orders compare with a year earlier.
Macquarie Group client investment manager David Kiely provided a financial community primer for what not do to in public view when he clicked on an e-mail containing racy GQ photos
of Kerr
as his colleague Martin Lakos appeared Tuesday on the country's Seven Network TV, to discuss the
central bank's surprise decision to keep interest rates unchanged.
YELLOWKNIFE, Northwest Territories, May 1 -
Bank of Canada Governor Stephen Poloz said on Tuesday that the view of the Canadian economy is quite good despite record levels of household debt, and he was confident the central bank can manage the risk of that debt even as interest rates r
Bank of Canada Governor Stephen Poloz said on Tuesday that the view
of the Canadian economy is quite good despite record levels
of household debt, and he was confident the
central bank can manage the risk of that debt even as interest rates r
bank can manage the risk
of that debt even
as interest rates rise.
An Iranian newspaper says the country's
Central Bank has officially banned the use
of cryptocurrencies in financial transactions in order to «prevent crimes such
as money laundering and terrorism.»
Any sign the
central bank will raise interest rates faster than expected is viewed
as negative for equities since hikes will theoretically lessen the appeal
of stocks.
NEW YORK, May 2 - The U.S. dollar held below 3 - 1 / 2 - month highs on Wednesday
as investors awaited the outcome
of a Federal Reserve meeting for indications on the U.S.
central banks future interest rate path.
After remaining silent on the issue during Stephen Harper's reign, the
central bank now is providing intellectual cover for the government
as it confronts doubters ahead
of its first budget.
Canada's
central bank, one
of the first to adopt an inflation target, is
as committed to the policy
as ever.
The
Bank of England and other
central banks such
as the U.S. Federal Reserve will be ready to flood markets with cash at the first sign
of trouble.
Another year
of ultralow interest rates is one consideration,
as the
central bank thinks Canada's non-energy exporters are poised to do well
as the global economy strengthens.
They get preoccupied with all sorts
of things — elections,
central bank policies, the weather — but nothing has dominated investor thinking
as much lately
as bond rates and income stocks.
Following 2008, NGDP targeting has grown from a topic
of conversation largely limited to blogs such
as Scott Sumner's The Money Illusion, to something discussed openly among
central banks, prominent publications, and even Presidential candidates.
So while there are certainly arguments to be made in favor
of a rules - based Fed over the pure discretion
of the current PhD standard, such reform should not be viewed
as a solution to the real issue, which is a
central bank having a monopoly on money at all.
The man now plucked to run the
Bank of Japan and revive the long stagnant economy was a career Ministry of Finance bureaucrat at the time exasperated that the central bank had - as he saw it - shirked its duty to end what was then already six years of deflat
Bank of Japan and revive the long stagnant economy was a career Ministry
of Finance bureaucrat at the time exasperated that the
central bank had - as he saw it - shirked its duty to end what was then already six years of deflat
bank had -
as he saw it - shirked its duty to end what was then already six years
of deflation.
He noted that other
central banks such
as the Federal Reserve and the
Bank of England are doing the same to support their economies.
As noted by Avery Shenfeld, chief economist at CIBC World Markets, «All three
central banks have been influenced by the lack
of sufficient growth» in their respective economies.
One line
of thinking now is that the
central bank may opt to combine the two programs and buy longer - dated bonds more aggressively, then set
as its new target the total balance
of bond holdings or the size
of its balance sheet, the sources said.
«
As a result
of these cyber attacks these
banks are having difficulties with client services and carrying out
banking operations,» the
central bank said in a statement.
Last week Abe also nominated academic Kikuo Iwata, who supports unconventional monetary policy, and BOJ official Hiroshi Nakaso, who has hands - on knowledge
of the
central bank's inner workings,
as the BOJ's next two deputy governors.
With his first interest rate announcement this week, Poloz's run
as central policy maker at the
Bank of Canada is officially underway.
Conservative
central bankers such
as Poloz stay clear
of subjects outside their remits because they don't want to give politicians an excuse to resume telling
central banks how to manage inflation.
But when rates are already rock - bottom,
as they are in much
of the world right now,
central banks can still influence interest rates by manipulating the money supply.
Fed Chair Janet Yellen said last month that the U.S.
central bank was getting closer to raising interest rates, possibly
as early
as September, saying that the Fed sees the economy
as close to meeting its goals
of maximum employment and stable prices.
This theory is why the Fed is thinking about raising rates even
as inflation has consistently fallen below its 2 % annual target, because the
central bank believes it needs to get ahead
of rising inflation that a falling unemployment rate will cause.
Derivatives trading is the culmination
of a wild year for bitcoin, which captured imaginations and investment around the world, propelled by its stratospheric gains, and its anti-establishment mission
as a currency without the backing
of a government or a
central bank, and a payment system without a reliance on
banks.
Byrne is a trained economist and a longtime advocate for bitcoin, which he regards
as a global currency beyond the control
of central banks and governments.
The only woman to serve
as the head
of the U.S.
central bank described her work at the Fed
as «the core
of my existence.»
The
central bank maintained its long - standing prediction that regions experiencing elevated house price growth, such
as British Columbia and Ontario, will face localized risks, but the most likely scenario remains a «soft landing» and stabilization
of debt - to - income ratios.
Seen
as one
of the most important members
of the Fed's rate - setting committee, Dudley said the
central bank was in no rush to tighten monetary policy.
That debate takes place internally at the
central bank, where contrasting views are regularly articulated by members
of the Federal Open Market Committee (FOMC)
as our Federal Reserve (Fed) policymakers attempt to steer monetary policy with regard to interest rates.
As the market waits with baited breath for any news on the Federal Reserve's impending interest rate hike, investors will pore over Wednesday's release
of minutes from the Fed's July meeting to look for solid signs that the
central bank will raise rates in September.
Japan's government on Friday reappointed
Bank of Japan Governor Haruhiko Kuroda for another term and chose an advocate of bolder monetary easing as one of his deputies, a sign the central bank will be in no rush to dial back its massive stimulus prog
Bank of Japan Governor Haruhiko Kuroda for another term and chose an advocate
of bolder monetary easing
as one
of his deputies, a sign the
central bank will be in no rush to dial back its massive stimulus prog
bank will be in no rush to dial back its massive stimulus program.
As the markets sank in the past two weeks, headlines suggested that the end
of the
central bank easy money era was finally «sinking in.»
For starters, here's an overly simplified explanation
of Bitcoin: It's a digital currency (there are more than 800 now) that isn't controlled by a
central authority such
as a government or
bank.
Last year, the
central bank sounded an alarm, ranking the expansion
of personal credit
as the biggest threat to the economy, which is why everyone was shocked when Poloz suddenly cut interest rates in January.
As a result, primary dealers are the most influential non-governmental players in global financial markets, which is why they supposedly must meet certain liquidity and quality requirements and provide
central banks with analysis and market intelligence on the state
of the worldwide markets.
As the rest
of the market wonders whether the U.S.
central bank will enact a rate hike this year, Icahn insisted, «I don't think it matters, because either way there's a problem.»
Fed Chair Janet Yellen on Wednesday delivers her final news conference
of her tenure
as head
of the
central bank.
Sterling trod water after falling through the $ 1.36 line in the previous session
as investors further reduced bets
of a
central bank rate hike next week.
Consumer price index (2000 = 100)
Central Bank rates (various sources other than OECD
as of mid-July 2007) Purchasing power parities, % change