Sentences with phrase «other central banks followed»

Not exact matches

Right now, this use of blockchain is limited to discussion and research papers, but if implemented, other central banks are likely to follow suit.

, a vice-chairman on the House Financial Services Committee, has sent a blistering letter to Federal Reserve Chair Yellen telling her in no uncertain terms to stop cooperating with other central banks and insurance supervisors over global rules of conduct, at least until the new administration has given her a clear political line to follow.

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.

Other central banks are keen to follow suit and draw the post-crisis era of easy money to an end too.

When central banks make adjustments that raise or lower the cost of short - term borrowing, other rates will follow, including the interest rate on your variable - rate loan.

Other major central banks have followed suit, either with rate cuts (Denmark, Canada, Sweden) or by putting plans to raise interest rates on hold (Bank of England).

This is an important reason why the Federal Reserve is treading cautiously in raising rates and other central banks appear slow to follow that path.

The largest demand for gold is seen in the jewellery sector, which accounts for 40 to 50 percent of the total global demand, followed by gold bars and coins, global ETFs backed by gold, central - bank purchases and demand by other industries.

The US Federal Reserve and a number of other central banks across the developed world maintained an ultra-loose monetary policy to support the economy following «The Great Recession».

When central banks make adjustments that raise or lower the cost of short - term borrowing, other rates will follow, including the interest rate on your variable - rate loan.

TD initially lowered its rate to 2.75 per cent from 2.85 per cent following the July 2015 central bank decision, but later cut it to 2.7 per cent to match the moves by the other big Canadian banks.

Present market conditions now match 6 other instances in history: August 1929 (followed by the 85 % market decline of the Great Depression), November 1972 (followed by a market plunge in excess of 50 %), August 1987 (followed by a market crash in excess of 30 %), March 2000 (followed by a market plunge in excess of 50 %), May 2007 (followed by a market plunge in excess of 50 %), and January 2011 (followed by a market decline limited to just under 20 % as a result of central bank intervention).

The country's central bank released an initial warning in February and has followed up with repeated statements that bitcoin and other digital currencies are not legal tender or a permitted means of payment in Vietnam.

Following the warning by the Central Bank of Namibia to its citizens to invest in bitcoin at their own risk and a promise to release an opinion paper on the adoption of bitcoin, Namibia has now officially banned the use of bitcoin or any other cryptocurrency in the country.

Following announcements from other central banks including the UK and the US, India's central bank has been applying regulatory pressures on its national banks and local cryptocurrency exchanges.

«Given that bitcoin and other currencies have not been introduced by the central bank as the official currency, as well as the risk of buying it and the activity of traders in this field, we want investors and people to follow precautions that are coming into the market, due to the possibility of malice.»