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Central banks aren"t running scared of bitcoin but they want to keep control, says former Bank of England digital guru

Huw van Steenis, senior advisor to the chief executive of UBS, punctures some central bank digital currency myths The Bank of England is looking into launching a "Britcoin." John Sibley/Reuters Central banks are increasingly intere.....»»

Category: worldSource: nytMay 22nd, 2021

: European Central Bank officials shrug off inflation fears

ECB executive board member Isabel Schnabel and chief economist Philip Lane insist that the surge of inflation forecast for the rest of the year will be of a temporary nature......»»

Category: topSource: marketwatchMay 11th, 2021

: Bank of England chief on cryptocurrencies: ‘Buy them only if you’re prepared to lose all your money’

Central bank news conferences are typically most interesting at their very beginning, when there is still uncertainty over what policy makers are trying to communicate, and at the very end, when reporters start asking less obvious questions......»»

Category: topSource: marketwatchMay 6th, 2021

Europe Markets: Lira and Turkish stocks collapse after Erdogan fires central bank chief, as other emerging market currencies struggle

Turkey's currency and stocks collapsed after the abrupt termination of its central bank head, a move that led investors to take a cautious stance toward risky assets on Monday......»»

Category: topSource: marketwatchMar 22nd, 2021

Turkey In Turmoil Again: Erdogan Fires Second Central Bank Chief In 4 Months, Sparking Foreign Capital Panic

Turkey In Turmoil Again: Erdogan Fires Second Central Bank Chief In 4 Months, Sparking Foreign Capital Panic.....»»

Category: blogSource: zerohedgeMar 20th, 2021

: Bitcoin and its ‘funny business’ should be regulated globally, says European Central Bank chief

The head of the ECB called for the global regulation of bitcoin on Wednesday, saying that multilateral action was needed to stop “funny business” and money laundering......»»

Category: topSource: marketwatchJan 13th, 2021

The Fed and Congress will need to provide more stimulus to defend from a "very severe" economic slowdown, Dallas central bank chief says

Ann Saphir/Reuters Fresh monetary and fiscal aid is needed if the economy is to survive a "historic contraction," Robert Kaplan, president of the Federal Reserve Bank of Dallas, .....»»

Category: smallbizSource: nytMay 1st, 2020

Community Food Bank of Central Alabama names new CEO

A new chief executive officer will start this spring at the Community Food Bank of Central Alabama. Brett Meredith will start the role May 4. He'll lead that nonprofit that serves a 12-county area and works in collaboration with over 230 agencie.....»»

Category: topSource: bizjournalsApr 28th, 2020

Philippine Central Bank chief ready to cut key rate to below 3%

The Philippine central bank is ready to cut its policy rate to below 3% to support an economy reeling from a “once in a lifetime crisis,” according to Governor Benjamin Diokno......»»

Category: topSource: moneycentralApr 12th, 2020

Governments, central banks must boost efforts to help economies cope with crisis: BIS chief

Governments and central banks need to step up efforts urgently to support their economies in the face of the coronavirus crisis, the head of the Bank for International Settlements said on Sunday......»»

Category: topSource: reutersMar 29th, 2020

We need to act, ECB"s Lagarde tells feuding EU on coronavirus rescue: sources

European Central Bank chief Christine Lagarde urged wrangling EU leaders to act more decisively to cushion the economic hit of the coronavirus pandemic, three sources familiar with the matter said on Friday, as the bloc feuds over how far to go......»»

Category: topSource: reutersMar 27th, 2020

Volkswagen urges ECB to buy short-term debt to stabilize markets: FT

Volkswagen's chief financial officer called on the European Central Bank (ECB) to accelerate purchases of short-term debt, the Financial Times reported on Friday......»»

Category: topSource: reutersMar 27th, 2020

Trump praises Powell as he says Fed chief has more "arrows" in quiver

President Donald Trump said Monday he called Federal Reserve Chairman Jerome Powell and told him he'd done a "good job" as the central bank has taken a number of steps to cushion the blow to the economy from the spread of the coronavirus. T.....»»

Category: topSource: marketwatchMar 23rd, 2020

With latest moves, Fed becomes creditor in chief for U.S. business

In undertaking what will undoubtedly be its largest rescue effort ever, the Federal Reserve on Monday announced programs that represent a never-before-seen intervention by the central bank into the heart of the "real" American economy......»»

Category: topSource: reutersMar 23rd, 2020

ECB"s Lane says central bank could cut rates in future, will ensure spreads don"t hurt policy transmission

In a blog post after the poorly-received European Central Bank decision, ECB Chief Economist .....»»

Category: topSource: marketwatchMar 13th, 2020

Breakingviews TV: Fed first aid

Central bank chief .....»»

Category: videoSource: reutersMar 3rd, 2020

Fed chief signals likely rate cut next month in response to coronavirus, market meltdown

As Dow Jones industrial average plunges over coronavirus fears, Fed Chair Powell signaled central bank.....»»

Category: topSource: usatodayFeb 28th, 2020

Too early for the ECB to contemplate coronavirus response: Makhlouf

It is too early for the European Central Bank to assess whether it needs to respond to the coronavirus epidemic with policy, even if the epidemic presents a risk to growth, Irish central bank chief Gabriel Makhlouf said on Wednesday......»»

Category: topSource: reutersFeb 26th, 2020

‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec

Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier......»»

Category: forexSource: coindeskFeb 24th, 2020

Key Words: Head of U.S.’ largest bank says central banks are fueling a sovereign debt bubble, negative-rates won’t ‘end well’

J.P. Morgan chief Jamie Dimon says negative interest rates in Europe and Japan are his top concern and warns that the U.S.government is to blame for slow economic growth.....»»

Category: topSource: marketwatchJan 22nd, 2020