They do not
rely on a central bank or exchange.
For instance, in the UK, the government has run a pretty tight fiscal policy, essentially
relying on the central bank to keep the economy moving forward.
Most countries
rely on central banks for controlling the money supply and impose guidelines related to keeping inflation down and employment up.
Not exact matches
«A
central bank that
relies on a model that does not take rising integration (of the global economy) into account when it should do so will tend to react too gradually and perhaps insufficiently to external shocks,» Poloz said.
The
central bank uses that rate as a way to keep the rates for overnight interbank borrowing from going beyond its target range,
relying on reverse repo operations to set the floor.
Extreme risk aversion has abated; spreads have narrowed; capital markets have continued to thaw, though in some overseas cases this has
relied heavily
on central bank financing activities.
Why can't they increase their consumption and investment levels rather than
relying on the U.S. economy to buy their consumer goods and capital goods for surplus dollars that have no better use than to accumulate in the world's
central banking system as excess reserves?
And although inflation can be measured easily enough,
central banks now
rely nearly as much
on estimates of labour - market «slack», an impossibly hazy number.
Banks are relying on the short end of the curve for much of their funding, which has been facilitated by the influxes of liquidity provided by the central banks, but challenges remain in the mid - to longer
Banks are
relying on the short end of the curve for much of their funding, which has been facilitated by the influxes of liquidity provided by the
central banks, but challenges remain in the mid - to longer
banks, but challenges remain in the mid - to longer end.
He said his biggest concerns for alternatives to what exists today include regulation and
central bank reactions to options that
rely on distributed ledger technology and cryptocurrencies, in addition to having a network robust enough to operate at scale.
This is where a
central bank always has to
rely on the detailed knowledge of its staff, often supplemented with an extensive liaison program with the business community (which the RBA has found to be invaluable).
To recap, Bitcoin is an attempt to create a distributed, open - source form of virtual currency that
relies not
on gold bars in Fort Knox or the monetary policy of a
central bank for its value, but
on a computerized ecosystem.
The impact of
central bank intervention has already weakened progressively in recent years, because it
relies on the ability of fools to constantly raise the ante.
The main challenger to Powell is Stanford University economist John Taylor, a favorite of conservative Republicans who believe monetary policy has been too loose under Yellen and want the
central bank to
rely more
on rules when setting rates.
I think, in general, governments have
relied too heavily
on central banks.
In other words, financial institutions
rely on the fiat currency - generating machine known as the
central bank to shore up liquidity when times get tough.
It
relies on an analysis of the networks of the
banking system, using
central bank data from Austria.
Investment strategies that
rely on different segments of the market behaving differently, such as managed futures and global macro, can thrive as global
central bank policies diverge.
It
relied on a decision of the Swiss Courts refusing attachment of its funds there
on the basis of immunity of the assets of a
central bank of a foreign state.
The claimant
relied on Habib
Bank Ltd v
Central Bank of Sudan [2006] EWHC 1767 (Comm), [2006] All ER (D) 251 (Jul).
The idea behind cryptocurrencies like Bitcoin and Ethereum is that they are generated and transferred between individuals, without
relying on central authorities, such as traditional
banks.