Central Bank Independence Faces Another Test
Central Bank Independence Faces Another Test.....»»
Market Extra: Turkey’s rate decision will be a litmus test for central bank independence from Erdogan
Tuesday’s monetary policy meeting will be a lit.....»»
Biden breaks with Trump and says he"ll stick up for Federal Reserve"s independence
While he was in office, Trump pressured Fed Chair Powell against raising interest rates - the central bank traditionally op.....»»
"A buying spree of epic proportions": How the Federal Reserve bucked precedent and forever changed its role in the US economy
Eric Baradat/AFP/Getty Images The Federal Reserve's rapid balance sheet expansion and move into corporate bond purchases has seen the central bank trade its independence from markets for a "whatever it takes" attitude. The coronavirus pandemic plunged.....»»
Starbucks, McDonald’s Among 19 Firms to Test China’s Digital Yuan: Report
The food and beverage giants are among the restaurants and retail shops reportedly on a local government list for testing of China's central bank digital currency......»»
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test......»»
Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency
The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions......»»
Britain Hasn’t Failed the Moral Hazard Test
For monetary purists, it’s a terrible thing for a central bank to fund state spending, but rules are being suspended everywhere during this crisis......»»
Fed faces fresh pressure to act, boosts repo operations
The Federal Reserve lifted the amount of temporary cash it’s willing to provide markets as pressure intensifies for the U.S. central bank to tackle the risk of a worldwide credit crunch. The Federal... To view the full story, click the title link......»»
Judy Shelton’s Fed nomination could be in trouble as key GOP senators express concerns about ‘outlier’ views
Sen. Toomey, Patrick J. (R-Pa.) said he was “not sure†if President Trump's pick would uphold Federal Reserve independence, a key tenet for the central bank and one that Shelton was asked about several times......»»
Trump"s latest Fed pick heads to her confirmation hearing Thursday. She backs the gold standard, near-zero interest rates, and less central bank independence.
CNBC President Donald Trump has tapped former White House economic adviser Judy Shelton for a powerful position at the Federal Reserve. Shelton has for.....»»
China"s Banks Face $6 Trillion Coronavirus Cataclysm If Epidemic Is Not Contained Soon
China's Banks Face $6 Trillion Coronavirus Cataclysm If Epidemic Is Not Contained Soon In a little noticed post back in November, we reported that as part of a stress test conducted by China's central bank in the first half of 2019, 30 me.....»»
The gold standard, near-zero interest rates, less central bank independence: Trump"s latest Fed pick backs unusual economic policies
CNBC President Donald Trum.....»»
China Faces "Systemic Risk" From Debt Cross-Default "Chain Reaction", Top Central Bank Advisor Warns
China Faces "Systemic Risk" From Debt Cross-Default "Chain Reaction", Top Central Bank Advisor Warns Just days after China's "moment of reckoning" in the .....»»
In the wake of its recent crisis, the Fed boosts repo operations to calm lending worries before the new year
REUTERS/Brendan McDermid The Federal Reserve Bank of New York boosted its repo operations Thursday, increasing planned capital injections as its key lending rate faces year-end pressures. The central bank lifted its limit f.....»»
Global stocks test record highs, pound braces for election all-nighter
World shares took a fresh run at record highs on Thursday, as all the right messages from the U.S. Federal Reserve set traders up nicely for a packed day of milestone central bank meetings and a Brexit-defining election in Britain......»»
Paul Volcker helped shape an independent Federal Reserve – a legacy that"s under threat
Paul Volcker, who died on Dec. 8, is the poster boy for central bank independence and why it matters. One of his legacies, as you may have read in the many obituaries published since his death, is taming the runaway inflation that posed an existen.....»»
Bank Of France To Test Digital Currency In 2020
The central bank of France is all set to test-run its digital currency in the first quarter of 2020, according to a cryptocurrency publication Cointelegraph. 0 read more.....»»
A $20 Trillion Problem: More Than Half Of China"s Banks Fail Central Bank Stress Test
A $20 Trillion Problem: More Than Half Of China's Banks Fail Centr.....»»
Lagarde’s first problem as ECB president: Germany
Of the many problems Christine Lagarde faces as new president of the European Central Bank, one of the most serious and pressing is Germany.....»»
Hong Kong central bank urges prudence amid global headwinds, cuts after Fed move
The head of Hong Kong's central bank called on the public to manage financial risks prudently on Thursday, as the local economy faces its first recession in a decade......»»