Not exact matches
Many
on Bay Street and Wall Street actually prefer the Canadian
central bank's commitment to talking with one voice, compared to the mixed messages sent
by the Fed's freewheeling policy makers.
The US$ 85 billion in monthly asset purchases
by the
central bank have helped keep rates low and supported strong gains
on stock markets.
In Japan, the
Central Bank said Thursday morning it was keeping its rates unchanged and the People's
Bank of China raised its short - term interest rate
by 10 basis points
on both medium - term lending facility loans and its open market operation reverse repurchase agreements.
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.
The yield
on the U.S. 10 - year Treasury jumped to its highest level since 2014
on Friday morning, underlining a wider move in bond markets caused
by central banks moving away from financial crisis policies.
Federal Reserve
Bank of Dallas President Robert Kaplan may have helped fuel the sharp move before Yellen's speech by saying the central bank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet s
Bank of Dallas President Robert Kaplan may have helped fuel the sharp move before Yellen's speech
by saying the
central bank can afford to be patient on raising interest rates even while noting it should shrink the balance sheet s
bank can afford to be patient
on raising interest rates even while noting it should shrink the balance sheet soon.
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.
The
central bank also released its latest quarterly report
on the economy, which says, «export growth will be limited
by the recent appreciation of the Canadian dollar, alongside that of the U.S. dollar, vis - à - vis most other currencies.»
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.
BUDAPEST, May 3 - The crown eased versus the euro
on Thursday as expectations for hawkish comments from the Czech
central bank were outweighed by indications from the U.S. Investors in Central Europe have been closely watching the euro / dollar cross in the past weeks, which hovered around the 1.2 line on Th
central bank were outweighed
by indications from the U.S. Investors in
Central Europe have been closely watching the euro / dollar cross in the past weeks, which hovered around the 1.2 line on Th
Central Europe have been closely watching the euro / dollar cross in the past weeks, which hovered around the 1.2 line
on Thursday.
Russia's
central bank on Friday put the country's 10th largest private lender
by assets under temporary administration, the third such bailout in the Russian
banking sector in the space of three months.
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 dollar
central bank comments, while other
Central European currencies hovered near multi-month lows set in the previous session on the back of a dollar
Central European currencies hovered near multi-month lows set in the previous session
on the back of a dollar rally.
«It smacks a bit of the
Bank of Scotland (HBOS) / Lloyds where you never know how much pressure is put on the biggest bank in Spain by the central bank so I'd be surprised if they had agreed to it under duress but that will come out,» he s
Bank of Scotland (HBOS) / Lloyds where you never know how much pressure is put
on the biggest
bank in Spain by the central bank so I'd be surprised if they had agreed to it under duress but that will come out,» he s
bank in Spain
by the
central bank so I'd be surprised if they had agreed to it under duress but that will come out,» he s
bank so I'd be surprised if they had agreed to it under duress but that will come out,» he said.
Without knowing the full facts, it looks as though Santander might have been lent
on by the European
Central Bank (ECB) to carry out the rescue mission, suggested Martin Gilbert, chief executive officer (CEO) of Aberdeen Asset Management, talking
on CNBC's Squawk Box
on Wednesday.
WASHINGTON, D.C. - Speech
by the Chief Economist of the
Bank of England, Andy Haldane, at the «ECB Michael Ehrmann's Talk
on Central Bank Communications» - 1300 GMT.
WASHINGTON, D.C. - Speech
by the Chief Economist of the
Bank of England, Andy Haldane, at the «ECB Michael Ehrmann's Talk
on Central Bank Communications» -...
NEW YORK, Jan 10 - Federal Reserve policymakers reacted coolly to a report
on Wednesday that China could curb its massive U.S. debt purchases, pointing out that such rebalancing
by countries can be healthy and would not likely disrupt the U.S.
central bank's plan to trim its own bond portfolio.
«The issue isn't particularly economic in terms of markets and it's not really the
central banks... it's geopolitical and there's some bad things going
on in the world and conventional analysis says things will be fine,» Schwarzman said at the Delivering Alpha conference, produced
by CNBC and Institutional Investor.
NEW YORK, Nov 28 - The Federal Reserve faces the challenge of standing
by as financial markets «correct» as the
central bank trims its asset holdings, U.S. hedge fund manager David Tepper said
on Tuesday, adding he was surprised the bond - yield curve was so flat.
LONDON, Oct 3 - Key Euribor and Libor
bank - to - bank rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
bank - to -
bank rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
bank rates hit fresh record lows
on Wednesday, as the huge volume of cash pumped into the
banking system
by the European
Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
Bank and the prospect of further cuts in its interest rates extended a year - long slide.
* The uncertainty being generated
by U.S. trade tariffs is already hurting investment in the global economy and could do serious damage to world growth, European
Central Bank policymaker Francois Villeroy de Galhau said
on Tuesday.
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.
LONDON, Oct 3 (Reuters)- Key Euribor and Libor
bank - to - bank rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
bank - to -
bank rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
bank rates hit fresh record lows
on Wednesday, as the huge volume of cash pumped into the
banking system
by the European
Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
Bank and the prospect of further cuts in its interest rates extended a year - long slide.
Mersch, a Luxembourger who is highly regarded
by his peers, had been expected to get the job
on the European
Central Bank's all - male board anyway.
LONDON, Oct 3 - Key Euribor
bank - to - bank lending rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
bank - to -
bank lending rates hit fresh record lows on Wednesday, as the huge volume of cash pumped into the banking system by the European Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
bank lending rates hit fresh record lows
on Wednesday, as the huge volume of cash pumped into the
banking system
by the European
Central Bank and the prospect of further cuts in its interest rates extended a year - long sl
Bank and the prospect of further cuts in its interest rates extended a year - long slide.
China's
central bank on Thursday raised interest rates for its reverse repos and medium - term lending facility (MLF) loans
by 5 basis points.
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.
The Federal Reserve could push
banks to lend more
by paying Wall Street smaller returns
on money stashed at the U.S.
central bank when inflation is low, according to an academic paper presented
on Saturday.
After years of downward forecast revisions that strained the
central bank's credibility, the Fed finally settled in 2016
on expectations that maybe the economy's growth rate would not exceed 2 %, having been permanently affected
by the Great Recession, slowed
by changing demographics, or a combination of the two.
Gold fell
on Thursday as the European
Central Bank's reaffirmation of its ultra-easy policy stance pushed the euro lower against the dollar, although moves were muted before a news conference
by ECB chief Mario Draghi.
«With roughly $ 15 trillion
on the major
central bank balance sheets, with all of these rates at zero or even crazily below zero, you have a very delicate situation which can not be solved
by a sledgehammer,» Singer added.
Japan's yen has weakened 13 percent over the past three months, while the Nikkei stock index has surged about 25 percent
on hopes for bold action
by the
central bank.
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.
The rise in the annual inflation measures reported
by the Commerce Department
on Monday was anticipated
by economists and Fed officials and is not expected to alter the U.S.
central bank's gradual pace of interest rate increases.
Global regulators are split
on how to police the cryptocurrency, which is not backed
by a
central bank.
Until Tuesday, the
central bank had pledged to pump $ 1.1 trillion into markets via its asset - buying and lending program
by the end of this year, but had made no commitment
on whether to maintain the balance beyond 2014.
Selling has been exacerbated
by recent comments from European
Central Bank head Mario Draghi, who has taken a more positive stance
on the European economy.
Thursday's decision
by the Swiss
central bank to call time
on its efforts to prevent the euro from trading below 1.20 francs was a huge surprise.
It started with the Swiss National
Bank's (SNB) decision to unpeg its currency from the euro earlier this month, followed
by a larger - than - expected bond - buying program from the European
Central Bank (ECB)
on January 22.
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.
By the late morning Eastern time
on January 20, the
central bank's benchmark could be 0.25 %, matching the record low set during the financial crisis.
Mario Draghi, the president of the European
Central Bank, announced
on Thursday that emergency loans to Greece have been increased
by 900 million euros.
Wages and prices are assumed to fall proportionally, enabling shrinking economies to «earn their way out of debt»
by squeezing out a trade surplus to earn the euros to carry the enormous mortgage debts that fueled the post-2002 property bubble, and the new
central bank debt taken
on to support the exchange rate.
Some
central banks, including the Bank of England and the European Central Bank, condition their forecasts on paths implied by financial market prices; others, including the Sveriges Riksbank and the Norges Bank, condition their forecasts on staff expectations of the future policy interes
central banks, including the
Bank of England and the European
Central Bank, condition their forecasts on paths implied by financial market prices; others, including the Sveriges Riksbank and the Norges Bank, condition their forecasts on staff expectations of the future policy interes
Central Bank, condition their forecasts
on paths implied
by financial market prices; others, including the Sveriges Riksbank and the Norges
Bank, condition their forecasts
on staff expectations of the future policy interest rate.
«Greek people are hereby asked to decide whether they accept a draft agreement document submitted
by the European Commission, the European
Central Bank and the International Monetary Fund, at the Eurogroup meeting held
on June 25.»
SHANGHAI (Reuters)- China's stock markets closed sharply lower
on Monday after a frantically volatile day of trading, despite surprise monetary easing moves
by the
central bank at the weekend.
With the global economy «floating
on an ocean of credit,» the current acceleration of credit via
central bank policies will likely produce a positive rate of real economic growth this year for most developed countries, PIMCO chief Bill Gross writes in his latest monthly commentary, but «the structural distortions brought about
by zero bound interest rates will limit that growth and induce serious risks in future years.»
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.
A February 12 circular issued
by the
Bank of Thailand, the country's central bank, has laid out a series of prohibitions on financial institutions» activities relating to cryptocurre
Bank of Thailand, the country's
central bank, has laid out a series of prohibitions on financial institutions» activities relating to cryptocurre
bank, has laid out a series of prohibitions
on financial institutions» activities relating to cryptocurrency.
Hoffman also commented
on the recent surprise move
by the Chinese
central bank to devalue its currency, the yuan.