Brazil Central Banker Makes Striking Admission: FX Interventions Are "Unsustainable"

In the aftermath of the May 2013 Taper Tantrum, when the sudden spike in US interest rates and the rapid rise in t.....»»

From Brazil to Norway, policymakers are leaping to defend currencies against the onslaught of the dollar which scaled three-year peaks on Thursday, raising speculation that a joint move by the world's biggest central banks may be in the offing......»»

Life Comes At Us Way Too Fast: One Banker's Striking Explanation Why Nothing Makes Sense Any More Deutsch.....»»

U.S. stocks close mostly lower but the Dow makes an 8th straight gains as Sino-American trade tensions ease and central banks support risk taking with easy money......»»

In the week ahead, the U.S. will see data on housing starts and home sales, while Brazil’s central bank makes an interest-rate decision and manufacturing numbers from Europe are released......»»

Whereas several years ago, forecasting that central banks would unleash wars, bloodshed and social conflict was considered so preposterous, it was relegated to the domain of fringe, tinfoil hat blogs, it has gradually been .....»»

Brazil’s central bank on Wednesday left its key interest rate at 6.5 percent, in its board’s last meeting before far-right president-elect Jair Bolsonaro takes office on January 1. The rate has.....»»

Federal Reserve Chairman Jerome Powell was clear in new remarks Tuesday that the central bank has no intention of cutting rates until the U.S. makes sustained progress in bringing down inflation. The Fed chief.....»»

The U.....»»

The dovish central banker said if two groups of speculators want to battle it out over an individual stock, "God bless them." Minneapolis Fed Preside.....»»

Goldman names new TMT co-heads, PayPal wants 1 billion daily active accounts, Trumid nabs a big hire, and Affirm makes a renewed push on IPO. Hello, readers!Welcome to Insider's weekly roundup of the top stories from acros.....»»

A tie for 10th place makes 11 biggest 2020 venture capital rounds in Central Ohio – and the top three all went to the same company......»»

A Wisconsin firm has made a huge purchase in central Alabama......»»

The Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday......»»

During a typical year, the Central Ohio Transit Authority makes three service changes, realigning its offerings in response to school breaks or seasonal employment shifts. In 2020, the agency has made eight service changes in nine weeks......»»

The founder of the world’s largest hedge fund says it makes no sense to hold bonds with central banks pushing yields toward zero or below......»»

Brazil's central bank spent 1.3 million Brazilian reals (USD $250K) over two years building its new database for financial regulators on Quorum, replacing a slow and expensive paper-based system with a fully digitized version......»»

Brazil's central bank could soon be forced to fire up the money printing presses if the coronavirus-fueled recession facing Latin America's largest economy is as devastating as some economists fear......»»

Which digital currencies are most useful in a crisis, asks a Brazilian central banker. CBDCs, bitcoin or Libra?.....»»

Bank of Canada Announces Emergency 50bps Rate Cut, As FinMin Unveils C$10BN Support Program After a day of relentless central bank interventions across Asia and Europe, which jumped the Atlanti.....»»