Sentences with phrase «of the central bank for»

To recap, Bitcoin is an attempt to create a distributed, open - source form of virtual currency that relies not on gold bars in Fort Knox or the monetary policy of a central bank for its value, but on a computerized ecosystem.
The President said the creation of a Central Bank for the West Coast would accelerate the process.
The writers of the petition also point out the hypocrisy of the central bank for considering issuing its own digital coin.

Not exact matches

Central - bank «speak» is always closely followed for hints about the future course of monetary policy.
The end of the money - for - nothing policy that the world's central banks put in place after the 2008 financial crisis is nearly in sight.
The central bank's debt study does suggest, however, that thousands of Canadians could be in store for some financial pain.
The vernacular of central banking lacks elegance, but Canada's policy makers make up for it with brevity.
The Federal Reserve's inflation target is expected to remain out of reach in 2018, leaving the central bank disappointed for yet another year, Swiss bank UBS said Tuesday.
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.
** LONDON - Bank of England Governor Mark Carney will speak at the launch of the EconoME programme, a set of resources produced by the central bank for teaching basic economics and personal finance in schools - 1400 Bank of England Governor Mark Carney will speak at the launch of the EconoME programme, a set of resources produced by the central bank for teaching basic economics and personal finance in schools - 1400 bank for teaching basic economics and personal finance in schools - 1400 GMT.
The former president of the European Central Bank also told CNBC the shutdown signals «enormous difficulty» for the nation's democratic processes.
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.
The comments - by Mario Draghi of the European Central Bank, Mark Carney and Andy Haldane of the Bank of England, Stephen Poloz of the Bank of Canada, a raft of U.S. Federal Open Market Committee members, and the Swedish Riksbank - surprised markets for their uniformly hawkish tone.
When President Hugo Chavez called for the repatriation of 160 tons in 2011, the gold moved from the airport in a televised convoy of armoured trucks; a banner reading «Mission Accomplished» greeted the final shipment at the central bank's vaults.
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.
In the last couple years, his foundation offered up $ 2 million to establish a chair at the Montreal Museum of Fine Arts, $ 2 million for a chief curator at the Audain Art Museum in Whistler, and yet another $ 2 million to help endow a chair in central banking at Western University.
Investors were not expecting the Fed to hike rates but were looking for signs of how quickly the central bank may move in the future.
Over the summer, Gordon and Stanford separately devoted columns to the most under - reported Canadian business story of 2016: within a few months, Finance Minister Bill Morneau and Bank of Canada Governor Stephen Poloz will agree on the parameters the central bank will follow for the next five yeBank of Canada Governor Stephen Poloz will agree on the parameters the central bank will follow for the next five yebank will follow for the next five years.
That's unfortunate for stock bulls, considering central bank accommodation has for years supplied a seemingly endless supply of fresh capital.
Given the collapse of commodity markets was the trigger for the shock interest - rate cut in January, it is reasonable to speculate that continued weakness could prompt the central bank to lower borrowing costs a third time in 2015.
Inflation targeting has dominated the thinking of many western central banks for most of the last two decades.
Federico Sturzenegger, the chairman of the Central Bank of Argentina, told CNBC that both the fiscal stimulus and the protectionist policy that the president - elect wants to put forward are a «challenge» for Argentina and for many emerging economies.
The central bank kept its inflation forecast for this year at 2.7 percent but said that some of its monetary policy committee members «moved a little closer» to their limits for tolerating an overshoot in the bank's inflation target.
A former member of the Bank of England (BOE) told CNBC it's «unwise» for the central bank to stick to a long - term policy strategy in case it gets wrong - footed by new economic dBank of England (BOE) told CNBC it's «unwise» for the central bank to stick to a long - term policy strategy in case it gets wrong - footed by new economic dbank to stick to a long - term policy strategy in case it gets wrong - footed by new economic data.
But if all goes well for the global recovery, central bank activity and speculative demand will put upward pressure on the loonie this year, especially if the Bank of Canada increases rates before the U.S. Federal Reserve dbank activity and speculative demand will put upward pressure on the loonie this year, especially if the Bank of Canada increases rates before the U.S. Federal Reserve dBank of Canada increases rates before the U.S. Federal Reserve does.
The easiest way for the central bank to ramp up the size of its balance sheet would be to buy longer - dated government bonds.
Benoit Coeure, executive board member of the European Central Bank (ECB), told reporters Friday that the clearer the debt measures are, the easier it will be for Greece to regain market access.
But for now, the weakness of the U.S. dollar is another headache for the European Central Bank.
An executive board member of the European Central Bank (ECB) has told CNBC that it is too early for the central bank to start discussing a reduction in its bond - buying pCentral Bank (ECB) has told CNBC that it is too early for the central bank to start discussing a reduction in its bond - buying progBank (ECB) has told CNBC that it is too early for the central bank to start discussing a reduction in its bond - buying pcentral bank to start discussing a reduction in its bond - buying progbank to start discussing a reduction in its bond - buying program.
G4S's World Cash Report, which chimes with central bank data, found three quarters of online purchases in the Middle East and Asia are paid for in cash on delivery.
The selection of the new BOJ leadership comes at a crucial time for Japanese and global markets, which have been rattled in recent weeks on expectations major central banks will whittle down their crisis - mode stimulus.
Chinese retaliation, for example, could take the form of counter-tariffs or a central bank sell - off of U.S. Treasuries.
(This is what passes for strong language in the world of central banking.)
The federal government and the banks hold considerable sway over the housing market, of course; the central bank's benchmark rate is a clumsy tool for trying to moderate volatile real estate markets.
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.
An outspoken critic of Europe's central banks recently, Falkengren has focused on building capital buffers in case of unexpected losses — and, for retail clients, limiting their exposure to risky loans.
'' (It) underlines the challenges for the CBRT (central bank) in managing the lira when Erdogan has tied both hands behind its back in terms of limiting its ability to hike policy rates,» Bluebay Asset Management strategist Timothy Ash said.
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 progBank 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 progbank will be in no rush to dial back its massive stimulus program.
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.
Social responsibility is central to the operations of these companies — they know it's smart business to consider global issues and the broader community, whether it is through offering discounted loans for electric cars (Vancity) or helping to set up organic cotton seed banks in India (Zara).
Le Pen is campaigning for a wholesale renegotiation of the EU's treaties, restoring the primacy of national law, declawing the European Central Bank, ending free movement, and effectively killing the Single Market.
He says the actions of central banks «attempting to spark economic growth» are «severely punishing the world's savers and creating incentives to reach for yield, pushing investors into less liquid asset classes and increased levels of risk, with potentially dangerous financial and economic consequences.»
We believe fundamentally that investors — and most of our investors are long - term, sophisticated institutions, so pension funds, sovereign wealth funds, central banks — what they're looking for from their investors is somebody who's actually going to be able to beat their benchmarks and add excess return for them.
While Fink is right to point out that low interest rates are putting a large burden on those of us trying to save retirement, he does not address the fact that central banks aren't primarily responsible for the fact that bonds of all types are yielding less today than we're used to.
The most important policy action for mitigating the damage of a recession is for the central bank to keep interest rates low, according to the respondents, followed by increasing spending on transportation and other infrastructure projects.
Today, Brazil sits at No. 5 in a 2010 UN ranking of countries receiving FDI, and early numbers from the Central Bank of Brazil put the economy on pace to eclipse the previous year with US$ 43 billion in FDI for the first six months of 2011.
Some of that is for good reason — the eurozone's recovery is still extremely modest, China's growth is slowing (along with most other emerging markets) and investors are uncertain over the ability of the halfway - recovered US and UK economies to sustain higher central bank interest rates.
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