Sentences with phrase «purchases by the central bank»

The US$ 85 billion in monthly asset purchases by the central bank have helped keep rates low and supported strong gains on stock markets.
Advanced and developing economies have done a good job managing the implications of unconventional monetary policies, she said, using a phrase that often describes asset purchases by a central bank to support growth.
Importantly, these entities are not subject to the restrictions associated with the national capital key for QE purchases, so there would be virtually unlimited amounts of debt that could be purchased by the central bank, eliminating debt availability as a rationale for QE tapering.
Stevenson's sculpture is however inspired by an outlier in this history; one of the machines was purchased by the Central Bank of Guatemala.

Not exact matches

Amari said purchasing of foreign bonds by a central bank is an option available to each country.
The BoJ has been the least expansionary of major central banks since the 2007 - 2008 global financial crisis, Evans said, adding that its planned balance - sheet increase this year pales by comparison with the $ 1 trillion of assets that the U.S. Federal Reserve is slated to purchase.
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.
According to a Canadian official who requested anonymity, the central bank answered that a unilateral currency switch wouldn't mean much for Canada — all it has to do is supply the notes and coins purchased by Iceland — and the country was welcome to do it.
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.
By reevaluating the current bond purchase program and refusing to rule out a rate cut, the European Central Bank opened a new set of opportunities for investors.
Spooked by a sudden 19 % plunge in the Shanghai Composite Index, regulators halted initial public offerings, suspended trading in shares accounting for 40 % of market capitalization, forced state - owned brokers to promise to buy stocks until the index reached a higher level, mobilized state - controlled funds to purchase equities, and promised unlimited support from the central bank.
As foreign central banks buy CGBs, the PBoC does not intervene and the RMB rises enough that the rise in foreign purchases of CGBs is matched by the combination of a decline in China's current account surplus and an increase in China's capital account deficit.
In response, the Fed reduced the federal funds rate to essentially zero by mid-December, instituted swap lines to provide dollar liquidity to foreign central banks, added new liquidity facilities to target specific sectors of the shadow banking system and began to expand its balance sheet through asset purchases.
U.S. financial markets were little moved by Thursday's data, with attention focused on details of a ceasefire agreement between Russia and Ukraine and a surprise interest rate cut and bond purchasing program announced by Sweden's central bank.
This meant by definition that it must have had an even larger central bank deficit, which means confusingly, that its central bank reserves grew as it exported capital abroad to purchase U.S. Treasury bonds and other assets.
Moody's suggests the central bank's purchases should be enhanced by structural reforms in many countries — in line with the bank's own position.
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.
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.
Peak QE happened in 2016, and net asset purchases by the five largest central banks should shrink by $ 825 billion in 2018, says Deluard.
The central bank will require reserves to be set aside for purchases of all currency derivatives from October, according to a document seen by Reuters, making it more expensive to bet on further depreciation of the yuan.
Are gold and silver purchases more sensible than investing in overpriced paper debts that guarantee a negative yield in a devaluing currency issued by a dodgy government or central bank?
That s my best guess as it looks now but all asset classes seemingly are being manipulated from gold to bonds to currencies to stocks.Which one breaks away from the puppet strings that the Central Banks are holding on to.Fascinating that the dollar is surging causing gold and commodities money to be diverted to stocks.Is the dollar being purchased by our Fed?
There has been speculation that the European Central Bank may try to address German concerns by delegating bond purchases to the national central banks, which in theory would absorb any Central Bank may try to address German concerns by delegating bond purchases to the national central banks, which in theory would absorb any central banks, which in theory would absorb any losses.
The central bank stuck to its December guidance for the PCE, a measure to track the prices of goods and services purchased by consumers in the economy.
As the proceeds from these redemptions are reinvested by the ECB, they will offset some of the recently announced reduction in the central bank's purchases — perhaps by as much as a half overall — although with relatively few redemptions in the first quarter of 2018, the reinvestment is scheduled to take place mainly in the second and third quarters of the coming year.
As had been widely expected, at the ECB's meeting in late October, policymakers outlined their plans to reduce the monthly bond purchases carried out by the central bank as part of its QE program.
In the fourth quarter, central bank purchases, led by China and Russia, were up an impressive 25 percent over the same quarter in 2014.
By doing so, the central bank has lowered its asset purchases to $ 45 billion per month.
The European Central Bank (ECB) in March doubled - down on its efforts to stimulate inflation by taking its deposit rate deeper in negative territory and expanding its asset purchases program.
Growth in most of the eurozone has remained tepid and reliant on continued central bank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven pocentral bank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven policbank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven poCentral Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven policBank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven policies.
Regarding the path ahead for ECB policy, it seems likely adjustments to the central bank's bond - purchasing program will be discussed by policymakers at meetings in coming months, given the technical difficulties and political risks involved.
Outright Monetary Transactions are a bond - buying program announced in September 2012 in which the European Central Bank would offer to purchase eurozone countries» short - term bonds in the secondary market to bring down the market interest rates faced by countries subject to speculation that they might leave the euro.
The eurozone's lack of organic growth and its reliance on continued central bank stimulus likely increased market sensitivity to a report claiming the ECB might be considering tapering its $ 80 billion monthly purchases of bonds, though the claim was quickly dismissed by the ECB.
A majority predicted that the central bank would by the end of the year extend its monthly bond purchase programme beyond the current planned cut - off date of March 2017.
Yields on German 10 - year bonds have risen by around 30 basis points since June 27, when comments by European Central Bank President Mario Draghi were interpreted as a sign the bank was more willing to stop bond purchases and increase interest raBank President Mario Draghi were interpreted as a sign the bank was more willing to stop bond purchases and increase interest rabank was more willing to stop bond purchases and increase interest rates.
As largely expected by the market, the European Central Bank has left key interests unchanged, and has extended the time horizon for its asset purchasing programme.
But the sense some central banks might be reviewing the effectiveness of their QE programs was given credence by the Bank of Japan's (BOJ's) policy shift in September to target yields rather than bond purchases.
The European Central Bank on Thursday delivered basically what the market expected for QE: 60 billion euros of purchases per month directed at investment - grade - rated government and agency debt and with a total size, considering the contemplated end date by September 2016, of around one trillion euros.
These purchases can be financed either by the creation of central bank reserves or by Treasury bills and the Debt Management Office's cash management operations.
A statement issued by the Central Bank said: «The Bank of Ghana has approved a Purchase and Assumption transaction with GCB Bank Limited that transfers all deposits and selected assets of UT Bank Ltd and Capital Bank Ltd to GCB Bank Ltd..
The last one here should come as no surprise given central banks have anchored short - term interest rates at zero and long - term rates continue to be suppressed by massive asset - purchase programs and the generally sluggish nature of the global recovery.
By the same token, the European Central Bank (ECB) intends to slow its asset purchases (a.k.a. «tapering»), which has the same effect as removing $ 500 billion in liquidity injections.
Negative interest rate policy (NIRP) is not bolstering economic growth; asset purchases by foreign central banks have merely provided an additional avenue for foreign money to find its way into positive yielding U.S. debt and the perceived safety of U.S. stocks.
The Fed has a massive portfolio of these investments and as they mature or have been paid off (by refinancing) the central bank had been re-investing the inbound funds into more purchases, keeping its portfolio at a constant size.
In expanding on his initial Tweet, Gross on January 10 described a 10 - 30 basis point rise for the year — hardly a market apocalypse — driven by rising inflation, reduced global central bank Treasury purchases, and higher US budget deficits.2 But even such a modest move could mean it ain't over for those persistent downside penetrations of support that have lately become routine in T - note futures.
Unfortunately, by the second half of 2018, Federal Reserve and European Central Bank net purchasing activity will turn negative.
See todays Bloomberg News: ¨ Indirect bidders, a group of investors that includes foreign central banks, purchased 45 percent of the $ 1.917 trillion in U.S. notes and bonds sold this year through Nov. 25, compared with 29 percent a year ago, according to Fed auction data compiled by Bloomberg News.
The bond rally and forex drop in value have been driven by fears of deflation and speculation that the European Central Bank will need to continue, if not increase, the purchasing of debt to stimulate the region's economy.
The other shoe is the exchange rate — clearly the ARS is being supported by the central bank, but this puts them between a rock and a hard place — support of the peso drains reserves and ultimately chokes the economy / exports, while a more significant adjustment lower in the rate (to reflect true ARS purchasing power) would probably add further fuel to the fire of the current economic / inflation boom.
While the public deal broke ground as the country's largest public bond issue, the private placement presented a number of challenges from a legal perspective given the nature of the deal, which was purchased by Egypt's central bank and used as collateral on a series of loans with international financial institutions.
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