Rather than printing cash or toying with quantitative easing QE, Haldane argued, why don't central banks harness blockchain technology to achieve greater monetary traction?... READ MORE›
Central banks need to ensure tightening cools froth in financial markets BIS... READ MORE›
Yield curve inversion is a naturally bearish signal for the economy... READ MORE›
A strengthening euro affected main eurozone markets with Frankfurt's DAX 30 sliding 0.3 percent while the Paris CAC 40 dropped 0.5 percent... READ MORE›
Going forward there will be no rising tides lifting all boats, said Jean Medecin, member of the investment committee at Carmignac... READ MORE›
Board member Cho Dong-chul dissented in the 6-1 vote to raising interest rates to 1.50 percent... READ MORE›
Along with Powell, Goodfriend would join recently appointed Vice Chair for Supervision Randal Quarles, and Fed Gov. Lael Brainard, atop the world's most influential central bank... READ MORE›
Risks have built up, in particular, during the prolonged period of low interest rates... READ MORE›
He argued that the central bank would continue to tighten its monetary policy as the unemployment rate hits record low and the economy continues steady growth... READ MORE›
And all eyes will be on President Donald Trump's nominee, Jerome Powell, when he attends his confirmation hearing later today... READ MORE›
Jerome Powell is stepping out from the shadows... READ MORE›
A flat-to-inverted yield curve is considered a portent of a U.S. recession, and could spark waves of fear for investors across all asset classes... READ MORE›
Some central banks such as Sweden's Riksbank and the Bank of England are also looking at the merits of introducing their own digital currency... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Maduro announced on state television that he had named Major General Manuel Quevedo of the National Guard as oil minister and president of PDVSA... READ MORE›
Eight years since the birth of bitcoin, central banks around the world are increasingly recognizing the potential upsides and downsides of digital currencies... READ MORE›
Toronto and Vancouver among global cities at greatest risk of housing bubble UBS... READ MORE›
The euro zone's central bank already has over 2.2 trillion euros worth of assets on its balance sheet... READ MORE›
These are the main moves in markets Stocks The Stoxx Europe 600 Index declined 0.2 percent as of 9 26 a.m... READ MORE›
Unemployment is at a 16-year low, although inflation remains well beneath their 2 percent target... READ MORE›
Equities' Elevation Perhaps the biggest beneficiaries of Fed monetary policy have been investors... READ MORE›
To Morgan Stanley's Matthew Hornbach, the flattening Treasury yield curve has a lot in common with the surging price of bitcoin... READ MORE›
Before the latest revision the most recent Goldman Sachs forecast for 2018 growth was 2.4 percent, according to forecasts compiled by Bloomberg... READ MORE›
FILE PHOTO Brazil's Central Bank President Ilan Goldfajn gestures during an interview with Reuters in Brasilia, Brazil August 9, 2017... READ MORE›
The CBO forecasts the U.S. growth potential at just less than 2 percent through at least 2027... READ MORE›
Central bank adviser Sheng on Thursday said he expects China to keep the yuan stable, with no sharp moves in either direction... READ MORE›
He also weighed in on how China manages its massive pile of foreign exchange reserves, which rose to 3.109 trillion in October... READ MORE›
Central bank adviser Sheng on Thursday said he expects China to keep the yuan stable, with no sharp moves in either direction... READ MORE›
Canadian dollar jumps to above 82 cents us as central bank hikes for second time this year... READ MORE›
Mortgage carrying costs to rise 8 percent for new buyers next year, Scotiabank says... READ MORE›
He cited personal reasons in a resignation letter Wednesday to Trump for leaving on or around Oct. 13... READ MORE›
Led by Governor Mark Carney, the Monetary Policy Committee voted 7-2 on Thursday to increase the benchmark rate to 0.5 percent from 0.25 percent... READ MORE›
Whether or not central bank lifts interest rates, the impact of a rise is already in the market... READ MORE›
Economists had also forecast that Fed policy makers would maintain their projection for one more rate increase this year, and take that action in December... READ MORE›
To put it simply, the Treasury yield curve measures the spread between short- and long-term debt issued by the U.S. government... READ MORE›
The euro eased just 0.1 percent early Monday to 1.1771 EUR and has strong chart support around 1.1729... READ MORE›
Warsh is married to Jane Lauder, daughter of Trump friend Ronald Lauder... READ MORE›
All four Fed rate hikes since late 2015 have come at gatherings that were accompanied by a press conference, which occur at alternating meetings... READ MORE›
At the economic and financial level, Macron urged coordinated moves to make the single-currency bloc the heart of Europe's global economic power... READ MORE›
Powell, 64, who joined the Fed Board of Governors in 2012, has publicly backed the central bank's plan of gradually raising interest rates... READ MORE›
Trump nominates Fed Gov. Jerome Powell as the next Federal Reserve chief... READ MORE›
Bank holds interest rates and expects 'deviations in behaviour' in 'different from normal' economy... READ MORE›
A low unemployment rate is supposed to boost inflation, or so the economic theory goes... READ MORE›
FILE PHOTO Commuters pass by the front of the Bangladesh central bank building in Dhaka March 8, 2016... READ MORE›
Wall Streets Bond Gurus Are Wrong on Feds QE Unwind... READ MORE›
ECB staff see inflation even lower in 2018, at 1.2 percent, before an acceleration to 1.5 percent in the following year... READ MORE›
One says monetary policy is too tight, and the other says it is too slack, he added... READ MORE›
South Korean shares .KS11 dipped 0.1 percent, against a backdrop of continuing tensions on the Korean peninsula... READ MORE›
Here are the main moves in markets Stocks The S P 500 Index fell 0.3 percent to 2,500.77 as of 4 p.m... READ MORE›
The British pound gained before the Bank of England's rates decision... READ MORE›
Spain's IBEX 35 Index declined and the euro weakened amid the stand-off over independence for Catalonia... READ MORE›
The Stocks Europe 600 Index gained a third day, with media companies among the winners after Vivendi SA sales beat estimates... READ MORE›
The BIS said this raises a question over the potential for another crisis if there is a significant rise in interest rates... READ MORE›
For many economists, the central bank has little choice but to slow buying next year... READ MORE›
A governor on the Federal Reserve board since 2012, Powell has yet to cast a dissenting vote against the Federal Open Market Committee's decisions on monetary policy... READ MORE›
Euro-area economic growth remained solid in August even as services activity slowed, according to IHS Markit... READ MORE›
The dollar was steady at 111.760 yen JPY after coming off a high of 112.530 the previous day... READ MORE›
The strategy represents a bit of a gamble because it risks cementing inflation permanently below the Fed's 2 percent target... READ MORE›
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