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Cryptocurrencies 'Do Not Work as Money:' New Bank Report Issues the Ultimate Bitcoin Diss - Fortune

FortuneCryptocurrencies 'Do Not Work as Money:' New Bank Report Issues the Ultimate Bitcoin DissFortuneThe Bank for International Settlements is not backing Bitcoin. That's the upshot of a 24-page article in the central-bank-fo.....»»

Category: topSource: googlenewsJun 18th, 2018

Need to Know: Rising rates and deficit spell big trouble for the U.S., warns bond king Gundlach

It’s Fed day and the central bank will need to fill the excitement gaps lacking after the North Korea summit. Our call of the day from Jeffrey Gundlach has a dreary forecast for the the U.S. fiscal situation......»»

Category: topSource: marketwatchJun 13th, 2018

Indonesia ETFs in Focus on Strong Rupiah

As the Central bank of Indone.....»»

Category: futuresSource: nasdaqJun 6th, 2018

Indonesia ETFs in Focus on Strong Rupiah

As Rupiah strengthens against Dollar, Indonesian ETFs are gaining. Will the ride continue? As the Central bank of Indonesia hiked the benchmark interest rates from 4.5% to 4.75.....»»

Category: smallbizSource: nytJun 6th, 2018

Indonesia ETFs Rev Up as Central Bank Props Up Rupiah

This article was originally published on ETFTrends.com......»»

Category: topSource: foxnewsMay 30th, 2018

Fed"s Kashkari warns colleagues "not to overdo it" with interest-rate hikes

Minneapolis Fed President Neel Kashkari said Monday he was worried the central bank might get too aggressive with interest-rate hikes and push the economy into recession. "Let's not overdo it," Kashkari said during a q.....»»

Category: topSource: marketwatchMay 21st, 2018

Central Bank Cryptocurrencies Debate Rages On

The thought of a central bank cryptocurrency may seem like a bit of an oxymoron, but apparently, some countries are looking into the plausibility of creating one. If any of them ever become a reality, central ban.....»»

Category: blogSource: valuewalkMay 19th, 2018

Argentine Central Bank Intervenes As JPM Warns Of "Disorderly" Peso Collapse

Update 2: Freefall... *ARGENTINE CENBBANK SAID TO INTERVENE AS PESO HITS 24/USD As Bloom.....»»

Category: blogSource: zerohedgeMay 11th, 2018

Peso Plunges Back To Record Lows As JPM Warns Of "Disorder" As Notes Come Due

Update: The Argentine Peso is now down 3% to a new record low and the central bank is desperate... *ARGENTINE CENBANK SAID TO SELL $200M TO STEM PESO DROP .....»»

Category: blogSource: zerohedgeMay 11th, 2018

Powell Warns Against Overstating Impact of Fed Policy on Global Financial Conditions

Fed Chairman Jerome Powell said the central bank would communicate its interest-rate policy strategy “as clearly and transparently as possible” to avoid market turmoil that could ripple through foreign economies......»»

Category: smallbizSource: wsjMay 8th, 2018

Fed"s Powell Warns Against Overstating Influence of U.S. Monetary Policy on Global Financial Conditions

Fed Chairman Jerome Powell said the central bank would communicate its interest-rate policy strategy “as clearly and transparently as possible” to avoid market turmoil that could ripple through foreign economies......»»

Category: smallbizSource: wsjMay 8th, 2018

Iran central bank bans cryptocurrency dealings

Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis......»»

Category: topSource: moneycentralApr 22nd, 2018

The Fed: Fed won’t be swayed by Trump’s interest-rate complaints, Bullard says

St. Louis Fed President James Bullard said Friday that the central bank would be swayed by President Trump’s public criticism of monetary policy......»»

Category: topSource: marketwatch4 hr. 23 min. ago

North Korean economy "shrinking at fastest rate in 20 years"

North Korea’s economy contracted at the sharpest rate in two decades in 2017 South Korea’s central bank says, in a clear sign international sanctions imposed to stop Pyongyang’s nuclear and missile programmes have hit growth hard. Grace Lee reports......»»

Category: videoSource: reuters4 hr. 53 min. ago

North Korea Economy Contracts as Sanctions Bite, South Officials Say

North Korea’s economy is estimated to have contracted the most in two decades last year, data from South Korea’s central bank showed, in a sign that its regime is feeling the pinch from stricter international sanctions......»»

Category: topSource: wsj7 hr. 8 min. ago

China"s yuan falls against dollar, helping exporters

China's central bank is allowing its tightly controlled yuan to drift lower against the dollar, a move that could help exporters cope with U.S. tariff hikes but raises the risk of reigniting an outflow of capital Beijing spent months trying to stanch......»»

Category: topSource: foxnews12 hr. 7 min. ago

STANLEY DRUCKENMILLER: It"s time to give real capitalism a chance

Getty/Neilson Barnard Stanley Druckenmiller said it's time to give "real" capitalism a chance, as opposed to the "bastardized" system over the past two decades. A mix of financial repression and central bank intervention has made long-term intere.....»»

Category: topSource: businessinsider21 hr. 7 min. ago

LARRY SUMMERS: Trump just took another step toward turning the US into a "banana republic"

President Donald Trump told CNBC that he's not happy with the Federal Reserve's interest rate hikes, challenging central-bank independence and sendin.....»»

Category: topSource: businessinsider21 hr. 7 min. ago

Trump "not happy" with Fed for raising interest rates

Breaking with tradition to avoid criticizing the Fed, Trump told CNBC he's worried that the central bank's policies will cancel out his efforts to speed up the economy......»»

Category: videoSource: cnn22 hr. 53 min. ago

Trump Criticizes Fed Rate Rises in Break With Policy Custom

President Donald Trump said he hoped the Federal Reserve would stop raising interest rates, delivering an unusual censure of the central bank......»»

Category: smallbizSource: wsj22 hr. 53 min. ago