Sentences with phrase «percent of central banks»

The U.S. dollar accounts for about 64 percent of central banks» foreign exchange reserves.

Not exact matches

Under central bank rules introduced in 2014, companies are required to hedge a minimum 25 percent of their liabilities in foreign currency 3 - 6 months before they come due.

«It's hard to understand why the BOJ is still cautious about adopting a price - stability target,» Kuroda wrote, eight years ago, before the central bank was strong - armed this year into adopting a binding inflation target of 2 percent.

Kuroda said the size and type of assets the BOJ now buys is not enough to achieve its 2 percent inflation target, which he said the central bank would strive to hit within two years.

The central bank's policy rate is already set in a range of zero to 0.1 percent.

The central bank kept its inflation forecast for this year at 2.7 percent but said that some of its monetary policy committee members «moved a little closer» to their limits for tolerating an overshoot in the bank's inflation target.

In January, the central bank agreed to an inflation target of 2 percent.

Though the European Central Bank has been encouraged by the economy's momentum, it's still pursuing crisis - era stimulus policies to get the annual rate of inflation back to its goal of just below 2 percent.

The Polish central bank announced Wednesday it kept its benchmark interest rate unchanged at a record low of 1.5 percent.

The Russian central bank announced Friday that it was keeping its key interest rate at 10 percent, but opened the door to a cut in the first half of 2017.

He has implemented a massive stimulus policy by cutting the central bank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchabank's benchmark interest rate to negative, keeping the 10 - year Japanese government bond yield near 0 percent in an effort to control the yield curve and stepping up the Bank of Japan's asset purchaBank of Japan's asset purchases.

Even if inflation remains short of the ECB's target of near 2 percent, its policymakers have been debating whether to end the central bank's 2.55 trillion euro ($ 3.06 trillion) asset purchase scheme.

From before the central bank's previous meeting [to today], the odds of a rate hike have risen from about 30 percent to 80 percent.»

The question is whether this will translate to a push for euro zone inflation towards the European Central Bank target of just below two percent.

Analysts said the use of the word «symmetric» suggests that the Fed may allow inflation to run above its 2 percent target, a stance that would limit the need for the central bank to embark on a more aggressive path of monetary tightening in response to recent rises in inflation.

Russia's central bank took drastic action to defend its rouble currency in a surprise midnight raising of interest rates by 650 basis points to 17 percent.

After being hit by several headwinds over the past year, India is now set for growth of up to 8 percent per year, the country's former central bank governor, Raghuram Rajan, said.

The open - ended program will not start until next year and central bankers were divided on the new 2 percent inflation target, with two of the central bank's nine policymakers voting against the move.

On the other hand, the same survey showed that 42 percent of the fund managers believe central bank policies will be the biggest driver of the dollar this year, while just 11 percent thought trade issues would be.

The Central Bank of Hungary kept its key interest rate at 1.35 percent on the back of falling commodity prices, boosting demand for forint bonds.

Turkey's annual inflation rate went up more than expected in August to 7.14 percent, moving further away from the central bank's target inflation of 5 percent.

As the next chart shows, QE has bloated central banks» balance sheets so much that they now hold the equivalent of 33 percent of all sovereign debt worldwide, up from roughly 15 percent pre-crisis.

He said that the central bank would not buy more than 33 percent of any country's outstanding bonds, nor more than 25 percent of any bond issue.

The euro, which had already been near its lowest level in 11 years on expectations of action by the central bank, weakened further against the dollar, falling about 1 percent to around $ 1.14, a move that could help European exporters.

Insolvent homeowners in Europe face a lifetime of literal debt peonage to make the banks (even foreign banks, which dominate Central Europe's post-Soviet economies) whole on their bad debts as the continent's real estate prices are plunging even more steeply than those in the United States — some 70 percent in Iceland and Latvia.

In addition, the European Central Bank already owns a large proportion of Greek bonds and would not hold more than 33 percent of the total.

As recently as December, the central bank had forecast an inflation rate of 1 percent for 2016.

In October, Federal Reserve Chair Janet Yellen suggested there might be some benefit in allowing inflation to exceed the central bank's target rate of 2 percent before another hike is considered, which is good news for gold.

The central bank raised its key interest rate to 10.5 percent and warned about the future of Russia's embattled economy.

Specifically, the LCR specifies that, when a bank issues an unsecured wholesale liability of 30 days or less, it must hold between 25 and 100 percent of the amount in the form of either central bank reserves or sovereigns.

However, an overwhelming majority of survey respondents who expressed a view - 94 percent - do not expect central banks to deploy «helicopter money» this year, while saying that they seem to be running out of options to stimulate growth.

China's yuan is forecast to weaken just 2 percent this year as the central bank lowers its midpoint fixings and the dollar rises in anticipation of higher interest rates in the United States.

If the Trump Administration or any subsequent U.S. government were to prevent central banks, investors and savers from buying U.S. Treasuries the U.S. Dollar would no longer be 60 or so percent of the money exchange for world goods and services.

«The expected fiscal consolidation and the subdued nature of the recovery are putting in place the conditions for the central bank to resume, in due course, monetary policy easing in a manner consistent with the 4 percent inflation target.

All of the 26 firms surveyed by Bloomberg expect the central bank to leave the overnight lending rate unchanged at 1 percent.

The 2008 financial crisis saw interest rates in the UK fall to historical lows of 0.50 percent in March 2009, as the central bank went all out to help the UK economy recover from the global liquidity crunch.

According to the World Gold Council (WGC), demand for gold slipped by 7 percent in 2017 compared with a year earlier on the back of a decline in central - bank purchases, a sharp slide in inflows into gold ETFs (exchange - traded funds) and a 10 - percent fall in coin investments.

In the United Kingdom, headline inflation is close to 3 percent on an annual basis, higher than the central bank's projected target of 2 to 2.5 percent; and in the United States, consumer inflation remained above the central bank's 2 - percent target until May of this year before slipping modestly.

However, the Harmonised Index of Consumer Prices (HICP) inflation in the euro area has remained below the ECB's 2 - percent inflation target since 2013, leaving the central bank of the 19 - nation euro area not much of a choice when it comes to hiking rates.

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.

Unconventional central bank assets include exposure to equities of $ 40.3 billion, or 6.7 percent of the total.

Average house prices have risen 11.3 percent since the market bottomed at the end of 2009, according to central bank data at the end of the first quarter.

In many ways, the improving U.S. economy no longer needs so much help from the central bank: Hiring is solid, and unemployment is on the cusp of a nearly normal 6 percent rate.

Base money and the central bank's holdings of Japanese government bonds (JGBs) each have swollen to almost ￥ 400 trillion ($ 3.9 trillion), which is now 80 percent of the country's GDP, and they continue to expand at a pace of ￥ 80 trillion ($ 780 billion) annually.

In the wake of all this, the Mexican central bank, Banxico, opted to stay the benchmark interest rate at 7 percent following its meeting on September 28.

At the same time, he said, the Fed is not the world's central bank, and will calibrate policy based on its domestic objectives of fostering full U.S. employment and 2 percent inflation.

Since 1991, the Government and the Bank of Canada have jointly agreed that the central objective of monetary policy should be for the Bank of Canada to target an inflation rate of 2 percent.

Previously, the central bank assigned a value to the currency each morning, allowing its value against the dollar to rise or fall by a maximum of 2 percent.

Because the Fed aims for inflation of 2 percent, that would suggest there is more room for the central bank to pump money into the economy without sparking an outburst of higher prices.

The central bank obediently issued GKOs (government treasury bills) paying interest rates higher than 100 per cent annually, subsequently scaled back to a more «Latin American - type» level of about 25 percent.