Sentences with phrase «on central bank backing»

Citing historical examples where governments failed to maintain the value of their fiat currencies, she noted bitcoin's value is partly derived from a lack of reliance on central bank backing, as some of the cryptocurrency's investors may have «more faith in technology than in their government.»

Not exact matches

«The one thing that's kind of holding the market back a bit is this impending growth fear and is the Fed making a mistake,» he said on «Closing Bell,» referring to the pace of the central bank's rate hikes.

Bank of England Governor Mark Carney backed U.K. Prime Minister David Cameron's European Union deal ahead of a June referendum on membership, saying the agreement allowed the central bank to do its Bank of England Governor Mark Carney backed U.K. Prime Minister David Cameron's European Union deal ahead of a June referendum on membership, saying the agreement allowed the central bank to do its bank to do its job.

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.

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.

BUDAPEST / PRAGUE, May 2 - The Czech crown firmed on Wednesday, boosted by expectations of hawkish central bank comments, while other Central European currencies hovered near multi-month lows set in the previous session on the back of a dollarcentral bank comments, while other Central European currencies hovered near multi-month lows set in the previous session on the back of a dollarCentral European currencies hovered near multi-month lows set in the previous session on the back of a dollar rally.

Central banks are taking a back seat in markets this week as investors gear up for the first U.S. Presidential debate between Hillary Clinton and Donald Trump on Monday during local hours.

I'm not against central banks stimulating the corporate sector to help get the economy back on its feet, but I am worried about how long we can keep it up.

In three rounds, the last of which concluded in 2014, the central bank credited itself with funds that it then used to buy debt — Treasurys and mortgage - backed securities, the latter in an effort to drive down rates on housing loans during the worst real estate market since the Great Depression.

Global regulators are split on how to police the cryptocurrency, which is not backed by a central bank.

The decision by the SNB to call time on its efforts to prevent the euro from trading below 1.20 francs was a huge surprise and came amid mounting speculation that the European Central Bank will next week back a big stimulus program that will put more euros in circulation which would further dilute their value.

The European Central Bank is all but certain to cut back on its bond - buying stimulus on Thursday, one of the biggest factors supporting the rally in global stock markets in recent months.

The central bank held back on further interest rate rises as widely expected.

The Central Bank of Hungary kept its key interest rate at 1.35 percent on the back of falling commodity prices, boosting demand for forint bonds.

Going back to the lesson he learned from his mentor Speros Derlles, Stan Druckenmiller notes that probably 80 % of the «bib, big money» he's made has been on an investment somehow related to central bank policy.

The central bank is now borrowing from the EU an IMF, on the condition that the loan will be used only to back the currency as a cushion.

While the central bank has not formally commented on the scheme, an official with the institution suggested that the issuance of state - backed digital currency could be a boon to anti-money laundering efforts.

The central bank supported share buying, a state - backed wealth fund bought up stocks and fund managers were prevailed on not to sell until the market had recovered.

In addition, the Federal Reserve developed a term deposit facility to drain banks» reserve balances.14 This playbook of draining reserves back to reserve scarcity to support the transmission of interest on reserves into market rates is standard among central banks.

On November 4, 2017, Yao Qian, the Deputy Director of the PBoC's Science and Technology Division and director of the PBoC Digital Currency Research Institute, reportedly spoke in Beijing, where he highlighted the importance of state - backed, central bank - issued cryptocurrency in an increasingly digital world.

Yet even Fed policymakers who have raised the alarm on inflation backed the central bank's decision on Wednesday to let its $ 600 billion bond - buying program run to its scheduled end in June.

The offer, one of a half - dozen measures the central bank announced on Thursday, means banks that participate would pay back less at the end of the four - year loan than they borrowed.

And internationally, debt - ridden economies are subject to pressure from inter-governmental institutions such as the IMF and European Central Bank to impose fiscal austerity on their labor force, cut back public spending and even sell off public enterprises.

When should the central bank cut back on its massive bond buying program.

Market pricing of future inflation on a five - to 10 - year horizon — which the European Central Bank (ECB) has typically focused on — has rebounded back near 2 %.

Economic data has also come back on the radar of investors who are contending with the potential for inflation to hit the Fed's 2 % target range, raising the risk of the central bank leaning toward a more aggressive hiking trajectory.

Their underlying worth is determined by the central banking system and the government, through a series of federal guarantees, the setting of interest rates and so on (money used to be backed by physical gold in Fort Knox, but that hasn't been the case since the 1970s).

MarketWatch: So the doves on the Fed, who think the central bank should wait until inflation gets back to 2 %, have lost?

Preston: [00:17:56] So what's so interesting here is that on one side we have Silicon Valley working at a rapid pace to create this new digital cryptocurrency and we also have governments and global authorities looking into the implications of using the similar technology whether it's the IMF or other central banks around the world that are that are talking about using some form of crypto to back their monetary baseline.

She called on the European Central Bank to back - stop the financial system with «creative and inventive» measures to fight the crisis.

According to the World Gold Council (WGC), demand for gold slipped by 7 percent in 2017 compared with a year earlier on the back of a decline in central - bank purchases, a sharp slide in inflows into gold ETFs (exchange - traded funds) and a 10 - percent fall in coin investments.

Treasuries still make up most of the mix, but there is also a significant amount of mortgage - backed securities on the central bank's books.

With the UK economy gradually picking up pace and inflation rising on the back of a weaker currency, the UK's central bank may finally go ahead with a rate hike for the first time in a decade, although it is widely expected to leave the monthly government and corporate - bond purchases untouched at # 435 and # 10 billion respectively.

But a stronger euro could slow the pace of earnings growth among European companies, and other risks include politicians not delivering on reforms, the European Central Bank (ECB) winding back its stimulus too soon and renewed political instability in Italy.

Stan Shamu, strategist at IG does not expect a sustained turnaround in Russian assets on the back of central bank action either.

The Russian Agency for Export Credit and Investment Insurance (EXIAR) and the Central Bank of Iran (CBI) agree on the main conditions of bank - to - bank cooperation to facilitate ECA - backed financing of Russian - Iranian joint projects and boost their realization in various secBank of Iran (CBI) agree on the main conditions of bank - to - bank cooperation to facilitate ECA - backed financing of Russian - Iranian joint projects and boost their realization in various secbank - to - bank cooperation to facilitate ECA - backed financing of Russian - Iranian joint projects and boost their realization in various secbank cooperation to facilitate ECA - backed financing of Russian - Iranian joint projects and boost their realization in various sectors

The language in the report parallels the main message in the central bank's last Financial System Review in June — that of strengthening resiliency of the financial system on the back of an improving economy — that provided the backdrop for two rate increases in July and September.

The old saying «no news is good news» rang true once again today on the London stock exchange as UK stocks once again advanced on the back of investors beliefs that central banks, on a global scale, More...

Federal Reserve policymakers are putting markets on notice that the central bank's $ 4.5 trillion balance sheet is back on the agenda in an apparent effort to give investors time to prepare for changes rather than to signal any action is imminent.

Investors on Wednesday ramped up bets on a rate increase in Canada after BOC Governor Stephen Poloz said «rates are of course extraordinarily low,» and after rate cuts in 2015, the central bank needs to consider pulling back on stimulus efforts.

The European Central Bank cut its benchmark rate to a record low of 0.25 % on November 7 to keep the eurozone economy from slipping back into recession.

That said, the fundamental picture continues to argue for higher volatility on the back of a maturing global cycle and the higher uncertainty about central bank policy that comes with it.

Well guys it is Hell already here on earth endless killings worldwide... Back here where I am Ye is already heading towards that the whole country is on demonstrations demanding resignation of the ruler but he seems unwilling to resign before the end of his ruling period on 2013, while the streets are demanding immediate resignation and that has caused bloodshed in every city in the country... the streets demonstrations has enforced civil strikes all over the country which is now paralyzed... no cash with the banks all money frozen in the central bank... My business is in the field of services therefore I find my self now obliged to dismiss part of my staff in order to be able to survive this unfortunate thing... Already have reduced working hour to one shift to reduce running cost... so you see am now sitting alone in the whole building of our business office writing here as nothing can be done to carry on business even if there is business... Just I pray these unfortunate events passes over soon before it becomes out of control as had happened in Libya... we have nothing to say but (Ina - Lilah - WaIna - Alih - Ragoon) & (Alhmed - Lilah for every thing)... «Mankind has always been Hasty while God has always been the most Patient»...

Technical Data: W12 - cylinder - engine (72deg angle between two main banks, 15deg between staggered cylinders), bore x stroke 84 x 90.2 mm, capacity 5998 cc; 4 valves per cylinder, 4 overhead camshafts; Bosch Motronic digital engine control, twin Borg - Warner turbochargers, air to air intercooling, 552bhp / 411KW at 6,100 rpm, torque 650Nm (479 lb ft) at 1600 rpm; ZF 6HP26 6 - speed automatic gearbox; four - wheel drive with central Torsen differential, independent suspension front and rear; air springs, ASR electronic traction control, Bosch ESP 5.7 electronic stability program; TEVES ventilated disc brakes front 15.9 in diameter (405 mm) and 1.4 in (36 mm) thick, back 13.2 in diameter (335 mm) and 0.9 in (22 mm) thick, anti-lock device (plus HBA > Hydraulic Brake Assist < and EBD > Electronic Brakeforce Distribution <), MSR drag torque control; wheelbase 108.07 in (2745 mm); Overall weight 5,500 lb (2,495 kg); tyres 275 / 40R19 on 19in rims (optional 19in split rims or 275 / 35R20 on 20in split rim 7 - spoke sports alloy wheels); max.

Among them, central banks are pulling back on their degree of support just as fiscal stimulus implies rising issuance.

Will central bank policy makers continue to cut back on stimulus, especially with the recent turmoil in the markets.

In an exclusive interview with The Globe and Mail on the heels of the Fed's monetary - policy decision Tuesday - in which the central bank took a small step back into re-investing some of its own balance sheet to ease monetary conditions - the influential bond manager gave a vote of confidence to the Fed's strategy, criticized the Obama administration and Congress for a their lack of innovation and leadership, and argued that unless big government - policy changes are made, the United States faces years of economic stagnation.

The last rate cut was back on July 15, 2015, and the central bank feels the effects of that action are still working their way into the economy.

In an interview with the Financial Times, Vítor Constâncio looks back on 34 years in central banking, the last eight of which he spent as Vice-President of the ECB.

Central banks can decide to default on government - backed securities.