Sentences with phrase «on central bank liquidity»

Thereby, the increased dependence on central bank liquidity may have weakened the resilience of markets, making them more prone to a (small) shock, such as an adjustment of market expectations on monetary policy.

Not exact matches

The Federal Open Market Committee and the European Central Bank are not only no longer offering a combined stimulus, they are a net drain on liquidity for the first time since stimulus was first introduced by former Fed Chairman Ben Bernanke.
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.
COPENHAGEN, Sept 28 - Danish banks drew 37 billion Danish crowns on Friday from a three - year lending facility offered by the central bank to help boost their liquidity and get them off state aid.
Moreover, it was not a coincidence that China made its announcement on the same morning that the other major central banks of the world announced their coordinated action to head off a liquidity crunch for European banks.
The European Central Bank (ECB) stopped all payments by one of Latvia's largest lenders on Monday, after its liquidity position collapsed in the wake of allegations from U.S. authorities.
In a statement on October 20, 1987, Fed Chairman Alan Greenspan said, «The Federal Reserve, consistent with its responsibilities as the Nation's central bank, affirmed today its readiness to serve as a source of liquidity to support the economic and financial system» (Carlson 2006, 10).
Strategists at Bank of America Merrill Lynch put a fine point on the paradox of how central banks created both a liquidity solution and problem with their historically aggressive measures while they and congressional legislators created a tighter regulatory environment.
Banks are relying on the short end of the curve for much of their funding, which has been facilitated by the influxes of liquidity provided by the central banks, but challenges remain in the mid - to longerBanks are relying on the short end of the curve for much of their funding, which has been facilitated by the influxes of liquidity provided by the central banks, but challenges remain in the mid - to longerbanks, but challenges remain in the mid - to longer end.
If, on the margin, liquidity begins to decline in 2018 resulting from QT, fed rate hikes and other central banks ending their QE programs, there is a reasonably high probability that risk assets will suffer.
Retained issues are not placed in capital markets, but kept on the issuer's balance sheet for collateral purposes in central bank liquidity operations.
This report is the result of a coordinated research effort by the central banks of Canada, Italy, Japan, the United Kingdom and the United States and the Bank for International Settlements on the determinants of market liquidity and on how central banks and other public authorities influence these determinants.
Because time is of the essence, and because during negotiations the central bank was squeezing liquidity [on Greek banks] in order pressurise us, in order to succumb, my constant proposal to the Troika was very simple: let us agree on three or four important reforms that we agree upon, like the tax system, like VAT, and let's implement them immediately.
On Monday, the European Central Bank will meet to discuss the emergency liquidity provided to Greek banks (which is currently capped, forcing capital controls to be imposed a week ago).
The BoE provides gold custody services primarily to central bank customers to help them get access to London gold market liquidity, although it also holds some gold custody accounts on behalf of certain commercial banks that support central bank access to the liquidity of the London gold market.
There's no shortage of factors to weigh as the Fed stands ready to hike interest rates faster than anticipated on worrying signs of inflation growth and the tap of foreign liquidity supporting 10 - year Treasuries could dry up as central banks in Europe and Asia curb their quantitative easing programs.
During a CNBC interview on Sept. 24, 2010, Tepper predicted that either the market would rally on strong fundamentals or the central bank would inject more liquidity into the financial system to boost equities.
In other words, financial institutions rely on the fiat currency - generating machine known as the central bank to shore up liquidity when times get tough.
A reduction in treasury bills confirms less pressure on the domestic economy as the Central Bank is not in a haste to mob up liquidity.
Central banks are still adding to liquidity, perhaps to bail out banks who have made bad loans to parties on the wrong side of securities trades.
Of course, markets have long known that eventually, after years of central bank liquidity injections, those stimulus measures would need to be unwound - but as we get closer to policy normalization, Jens Moestrup Rasmussen expects investor nervousness to be on the rise.
But it's not clear where Smurfit stands in this regard — there are certainly fresh threats to global growth, and debt overhang will restrain the developed markets for years to come — on the other hand, Smurfit's now a dominant player, emerging markets continue to perform well, and Western central banks continue to pump out a tsunami of liquidity to combat debt deflation.
As the world found itself on the precipice of bearish stock price decimation two years ago (01/16), global central banks supercharged their stimulus by injecting trillions of additional liquidity.
Central banks haven't yet learned to limit their attention on this core function of ensuring financial liquidity.
«The idea of having a fiat - backed proxy of central bank money issued on smart contacts for financial institutions to exchange liquidity globally seems a very powerful concept,» he said.
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