Sentences with phrase «says central bank action»

Not exact matches

Yusuke Ikawa, rates strategist at RBS Securities in Japan, also ruled out imminent action from the BOJ and said uncertainty over who will be the next central bank governor could cause market volatility in the short term.

He says the actions of central banks «attempting to spark economic growth» are «severely punishing the world's savers and creating incentives to reach for yield, pushing investors into less liquid asset classes and increased levels of risk, with potentially dangerous financial and economic consequences.»

The Fed should follow rules when making policy to give the public a better understanding of the central bank's actions, Fed official Loretta Mester said.

«Alongside the actions the Bank is taking, I am prepared to take any necessary steps to support the economy and promote confidence,» Hammond said in a letter to the central bBank is taking, I am prepared to take any necessary steps to support the economy and promote confidence,» Hammond said in a letter to the central bankbank.

Warren Buffett, chairman and chief executive of conglomerate Berkshire Hathaway, said Monday he would be more likely to buy than to sell IBM shares over the next two years, and that he did not seek to profit from global central bank actions.

The central bank, based in Frankfurt, used typically understated and technical language to describe its actions, but it appears to have done what its leadership said throughout 2011 that it would not do: namely, flood the financial markets with euros in a Hail Mary attempt to make sure that the region's sovereign debt crisis does not lead to a major financial shock.

Given that backdrop, Mr. Carney said he would have no choice but to act if international investors continue to push the dollar higher - something they've been quite willing to do, in part because most analysts and investors are skeptical a central bank that hasn't intervened in currency markets since 1998 is willing to back up its talk with action.

Critics say the central bank's actions made Wall Street and the super-rich even fatter, fueling a stock market surge while leaving many ordinary workers no better off and widening the nation's wealth inequality.

This was just as it equally asked the governor of the Central Bank of Nigeria (CBN) to resign for plunging the country's currency policy into chaos, an action it said had thrown investors into total confusion.

There is an explicit clause that has been inserted into the regulation with legal effect, effectively representing Britain's position, which essentially says no action, proposal or policy of the European Central Bank should directly or indirectly discriminate against any member state or group of member states in any currency, in effect.

Reports quote anonymous sources at the summit of finance ministers and central bank governors being held in Buenos Aires as saying the participants can not come to an agreement on the matter — and will likely postpone any further action until at least November, when finance ministers and leaders of the countries meet again.

According to the Malaysia Reserve, the country's finance minister said that the central bank will not impose a blanket ban on cryptocurrencies as such action will only curb innovation and creativity in the financial