Sentences with phrase «other central banks currently»
One is that, to have money, you have to have the precious metal; you can't simply «create money», as the Fed and other central banks currently do, to stimulate spending by making money cheaper than what it will buy.
https://politics.stackexchange.com/ Not exact matches
«We have to deal with the possibility that at one point, the Federal Reserve and other central banks may have to take more drastic action than they currently anticipate — reacting to the markets, not guiding the markets,» Dimon wrote in the letter.
Therefore, we expect the Fed to raise key interest rates six more times (vs. the 3.2 times that markets currently price) from now until the end of 2018, and expect the other major developed - market central banks to tilt toward a less dovish / more hawkish stance.
Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not currently backed nor supported by any government or central bank.
As the British pound falls in value, the magnitude and the range of volatility will affect other primary decisions such as the central bank's decision to cut interest rate (currently at 0.5 %) down to zero.
Cryptocurrencies are sometimes exchanged for U.S. dollars or other currencies around the world, but they are not currently backed nor supported by any government or central bank.
Currently, Singapore, which is considered to be the Asian hub for finch and initial coin offering, does not regulate digital assets market, though the central bank watches for the activities that may pose certain risks, such as money - laundering or other illegal transactions.
Earlier this year, Kuroda speculated that blockchain could reshape some financial processes, and in May called on other central banks to pursue research efforts like the ones currently being undertaken by the Bank of Japan.