Common pitfalls include indiscriminately chasing spread, failing to keep up
on central bank monetary policies, using too much leverage, and lack of broader - level portfolio diversification
Not exact matches
MONDAY, MAY 14 OSLO -
Central Bank chief Oystein Olsen participates in consultation
on the implementation of
monetary policy in the Storting's Financial Committee 1015 GMT.
The
central bank is essentially signaling that the economy is
on strong enough footing to begin a return to more normal
monetary policies.
On Thursday, the
Bank of Canada's deputy governor Lawrence Schembri said one option to strengthen the central bank's monetary policy framework is more «explicit co-ordination» with Ott
Bank of Canada's deputy governor Lawrence Schembri said one option to strengthen the
central bank's monetary policy framework is more «explicit co-ordination» with Ott
bank's
monetary policy framework is more «explicit co-ordination» with Ottawa.
The common currency rose to a two - and - half year high against the dollar
on doubts over the U.S. currency but also after European
Central Bank President Mario Draghi gave two speeches last week with no indications about the bank's next steps for monetary pol
Bank President Mario Draghi gave two speeches last week with no indications about the
bank's next steps for monetary pol
bank's next steps for
monetary policy.
European bourses closed mostly lower
on Monday as investors reacted to fresh economic data and awaited an upcoming
monetary policy meeting from the European
Central Bank (ECB).
Huge purchases of longer - dated Japanese government bonds is a natural way to ease
monetary policy, but
central bankers must monitor the side - effects, Haruhiko Kuroda, the government's nominee to be the next
Bank of Japan governor, said
on Monday.
The European
Central Bank (ECB) dropped its easing bias
on Thursday, fueling expectations that it will normalize
monetary policy in the euro area.
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.
European markets closed lower
on Thursday after the European
Central Bank announced it would keep its
monetary policy stance unchanged.
A television monitor shows Mario Draghi, president of the European
Central Bank (ECB), speaking during a news conference to discuss
monetary policy in Tallinn, Estonia,
on Thursday, June 8, 2017.
Jerome Powell addressed Congress
on Tuesday, detailing the
central bank's outlook for
monetary policy and economic growth for the coming years.
Similarly, the euro, which briefly hit its lowest since March 15, was
on track for its worst week in seven as investors this week have revised their expectations for when the European
Central Bank will begin to tighten
monetary policy.
The forecasts are based
on poor demographics, a strong euro and the European
Central Bank's (ECB) move away from its ultra-loose
monetary policy.
The
Central Bank of Russia is scheduled to have a
monetary policy meeting
on Friday.
He is likely to toe the
central bank's official line
on monetary policy, though looking out for any strong comments
on the impact the BOJ's
policy on bank profits - 0615 GMT.
On Thursday, the European
Central Bank released the minutes of its latest
monetary policy meeting.
These contrasting inflation outlooks suggest further
monetary policy divergence is ahead (read more
on this divergence and its investing implications in our recent post Opportunities emerge as
central banks diverge.).
In the currency markets, the differing messages of the world's major
central banks on inflation and
monetary policy prodded the dollar higher against the yen ahead of a series of appearances by U.S. Federal Reserve officials this week.
BOJ Governor Masaaki Shirakawa's term expires in April and the appointment of his successor is in the spotlight given the pressure
on Japan's
central bank to pursue an aggressive
monetary policy.
WASHINGTON (Reuters)- A majority of the U.S. Senate
on Tuesday voted to confirm Federal Reserve Governor Jerome Powell as the next head of the
central bank, likely ensuring continuity in
monetary policy.
The
central bank says in its latest analysis that the economy continues to depend
on monetary stimulus, so has decided to keep the trendsetting
policy rate at one per cent.
Mario Draghi, President of the European
Central Bank (ECB), speaks during a news conference to discuss
monetary policy in Tallinn, Estonia,
on Thursday, June 8, 2017.
Treasury yields fell
on Wednesday after the most recent update
on monetary policy from the Federal Reserve showed few signs that the
central bank would ratchet up its pace of rate increases 4:03 p.m. May 2, 2018
Treasury yields fell
on Wednesday after the most recent update
on monetary policy from the Federal Reserve showed few signs that the
central bank would ratchet up its pace of rate increases
On Wednesday a board member of the
Bank of Japan said that the central bank should stick with its ultra-easy monetary policy, despite recent signs of economic recovery, because uncertainty remains over how fast inflation will r
Bank of Japan said that the
central bank should stick with its ultra-easy monetary policy, despite recent signs of economic recovery, because uncertainty remains over how fast inflation will r
bank should stick with its ultra-easy
monetary policy, despite recent signs of economic recovery, because uncertainty remains over how fast inflation will rise.
And the success of this process will depend in part
on the ability of
central banks to conduct
monetary policy in a manner consistent with achieving low inflation.
My remarks will focus
on the following question: Should a
central bank's decisions
on monetary policy account for the stability of the financial system and, if so, how?
«There is a risk building up in this regard, and
on top of that, the tricky issue is that there are many triggers that could wake up this sleeping lion,» said David Daokui Li, a prominent Tsinghua University economist who is a member of the Chinese
central bank's
monetary policy committee.
We expect interest rates to rise, as U.S. and eurozone
monetary policies gradually normalize, though structural factors and further
central bank divergence are likely to keep a lid
on rates.
As expected, the European
Central Bank made no changes to its
monetary policy on Thursday, keeping rates at record lows.
However, more formally (and democratically), the Statement
on the Conduct of
Monetary Policy requires that the Governor and other senior central bank officers appear before a parliamentary committee twice a year to explain their thinking and actions on monetary p
Policy requires that the Governor and other senior
central bank officers appear before a parliamentary committee twice a year to explain their thinking and actions
on monetary policypolicy.
Finally, as a recent report from the Committee
on the Global Financial System (CGFS) describes in detail,
central bank monetary policies have a clear impact
on the volume of repo.
By Claire Milhench (Reuters)- Investors raised their equity holdings in April from March's five - year lows, taking the view that the global stock market rally will continue as long as
central banks maintain their loose
monetary policies, a Reuters poll showed
on Friday.
Central banks around the world are focused
on stimulative
monetary policies to encourage growth.
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 day - long workshop, held at the
Bank, brought out wide - ranging views
on the goals of
monetary policy, the effectiveness of
monetary policy tools, the role of transparency and communications, and lessons learned from other
central banks.
The governing council of the European
Central Bank next meets
on October 4 for non-
monetary measures followed by the
monetary -
policy meeting
on October 26.
Although Deputy Governor Ben Broadbent went
on the offensive to state that more rate hikes were necessary to rein in inflation, analysts remain sceptical that the
central bank would do anything more to alter the current
monetary policy until more clarity
on the Brexit discussions emerge.
We think European
Central Bank (ECB) President Mario Draghi's firm line on resisting pressure to adjust the central bank's accommodative monetary policy is the corre
Central Bank (ECB) President Mario Draghi's firm line on resisting pressure to adjust the central bank's accommodative monetary policy is the correct
Bank (ECB) President Mario Draghi's firm line
on resisting pressure to adjust the
central bank's accommodative monetary policy is the corre
central bank's accommodative monetary policy is the correct
bank's accommodative
monetary policy is the correct one.
That said, I think that
central banks around the world are going to start changing their stance
on monetary policies, and move away from the ultra-accommodative
policies of the last 8 years.
But Taleb pointed us to the years of easy
monetary policy brought
on by
central banks since the financial crisis.
A separate discussion paper published by
central bank staffers in October 2017 concluded that even under an alternative scenario in which the potential level of growth was ultimately 1 per cent higher than forecast by 2020, the effects
on inflation would be «small» and «therefore does not affect the stance of
monetary policy.»
With growth prospects for the world economy being revised up and inflation no longer falling, short - term market interest rates have risen
on the expectation that
central banks will unwind the accommodative
monetary policy they had put in place over the previous year or two (Graph 4).
MNI Fixed Income Bullet Points focuses
on trading flows, shifting market sentiment and expectations, news driving the market, economic data,
monetary and fiscal
policy, key market levels,
central bank market activity, and global capital flows.
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.
US Federal Reserve (Fed) Chair Janet Yellen gave the clearest indication yet that the
central bank is likely to start raising interest rates later this year when she said in a speech
on July 10 that she expected it would be «appropriate at some point later this year to take the first step to raise the federal funds rate and thus begin normalizing
monetary policy.»
In portraying Bill Niskanen as a
monetary policy radical, I've limited myself to his views
on the Fed and
central banking more generally, without venturing to consider what he had to say about other financial regulatory agencies.
The main challenger to Powell is Stanford University economist John Taylor, a favorite of conservative Republicans who believe
monetary policy has been too loose under Yellen and want the
central bank to rely more
on rules when setting rates.
Former Fed Governor Stein highlighted that Federal Reserve's
monetary policy transmission mechanism works through the «recruitment channel,» in such way that investors are «enlisted» to achieve
central bank objectives by taking higher credit risks, or to rebalance portfolio by buying longer - term bonds (thus taking
on higher duration risk) to seek higher yield when faced with diminished returns from safe assets.