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People in China are so spooked about the economy that even the weak yuan isn"t stopping them from buying more gold

China's central bank has been on a buying spree for 17 straight months as it diversifies its h.....»»

Category: topSource: businessinsiderApr 22nd, 2024

"Central Bank Observers Take Note": HSBC Warns "Weak Bull" Commodity Run Has Begun

"Central Bank Observers Take Note": HSBC Warns "We.....»»

Category: dealsSource: nytApr 17th, 2024

Crypto assets are not a "real investment" because their fundamentals are weak, says top ECB official

Crypto assets have "very weak fundamentals and are "subject to a lot of volatility," ECB VP Luis de Guindos told Bloomberg on Wednesday. European Central Bank Vice President Lui.....»»

Category: dealsSource: nytMay 19th, 2021

The Fed buys $305 million of corporate-debt ETFs to kick off its groundbreaking relief program

Kevin Lamarque/Reuters The Federal Reserve's new corporate-credit facility took in $305 million worth of exchange-traded funds on the first day of its operation, according to data released Thursday. The central bank's ETF purchases helped push its .....»»

Category: topSource: businessinsiderMay 15th, 2020

In nod to grim U.S. outlook, Fed"s Powell calls for more fiscal support

The head of the Federal Reserve warned on Wednesday of an "extended period" of weak economic growth, vowed to use the U.S. central bank's power as needed, and called for additional fiscal spending to stem the fallout from the coronavirus pandemic......»»

Category: topSource: reutersMay 13th, 2020

Stocks nurse record monthly gains ahead of ECB

World stocks headed for their best month on record on Thursday, as encouraging early results from a COVID-19 treatment trial and expectations of more European Central Bank (ECB) stimulus later in the day helped ease the pain of February and March......»»

Category: topSource: reutersApr 30th, 2020

Stocks head for best month on record ahead of ECB

World stocks headed for their best month on record on Thursday, as encouraging early results from a COVID-19 treatment trial and expectations of more European Central Bank (ECB) stimulus later in the day helped ease the pain of February and March......»»

Category: topSource: reutersApr 30th, 2020

Market Extra: As the Fed steps into the municipal bond market, will it be enough?

A mid-March intervention by the central bank has helped stabilize the market, but there’s likely a lot of pain ahead for the state and local bond issuers that make up the $3.85 trillion-muni market......»»

Category: topSource: marketwatchMar 31st, 2020

Fed"s Powell says economy fine but Fed will act as needed

Federal Reserve Chair Jerome Powell on Friday said the U.S. economy remains in solid condition although the coronavirus outbreak poses a risk and the central bank will act as appropriate to provide support......»»

Category: topSource: moneycentralFeb 28th, 2020

Fed"s Powell says economy fine but Fed will act as needed

Federal Reserve Chair Jerome Powell on Friday said the U.S. economy remains in solid condition although the coronavirus outbreak poses a risk and the central bank will act as appropriate to provide support......»»

Category: topSource: moneycentralFeb 28th, 2020

Wall Street recovery continues on China stimulus measures

Gains in technology heavyweights helped Wall Street's main indexes climb for the second day on Tuesday, with fresh intervention by China's central bank calming investor nerves......»»

Category: topSource: reutersFeb 4th, 2020

Fed"s Richard Clarida says monetary policy remains appropriate

Federal Reserve Vice Chairman Richard Clarida said on Thursday that the current stance of monetary policy was appropriate but that looking ahead, the central bank's p.....»»

Category: topSource: marketwatchJan 9th, 2020

Market Extra: Here are 3 things to watch as Fed’s balance sheet expands in 2020

The central bank will be using its balance sheet to keep credit flowing, but analysts say an eclipse of its prior $4.5 trillion record size still remains months away......»»

Category: topSource: marketwatchJan 4th, 2020

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.....»»

Category: topSource: bizjournalsDec 10th, 2019

Amid A Host Of Central Bank Developments, One Constant Remains: Global Market Pressure

Amid A Host Of Central Bank Developments, One Constant Remains: Global Market Pressure.....»»

Category: topSource: seekingalphaNov 27th, 2019

Swiss National Bank leaves base rate unchanged while cutting growth and inflation view

The Swiss National Bank on Thursday left its key policy rate and expansionary monetary policy unchanged, but said it "remains willing to intervene in the foreign exchange market as necessary." The central bank said it was also tweaking the basis for .....»»

Category: topSource: marketwatchSep 19th, 2019

Asia shares at six-week high on trade progress, ECB easing

Asian stocks climbed to their highest in six weeks on Friday, as signs of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped to calm fears of a global economic slowdown......»»

Category: topSource: reutersSep 13th, 2019

Asian shares advance on U.S.-China trade progress, ECB easing

Asian stocks advanced on Friday as hints of progress in U.S.-China trade talks and aggressive stimulus from the European Central Bank helped counter worries about a global economic slowdown......»»

Category: topSource: reutersSep 12th, 2019

Asian shares advance on U.S.-China trade hopes, ECB stimulus

Asian stocks advanced on Friday as hints of progress in the U.S.-China trade dispute and aggressive stimulus from the European Central Bank helped to counter worries about a global economic slowdown......»»

Category: topSource: reutersSep 12th, 2019

Europe Markets: Europe stocks higher on China move to relax tariffs; LSE rallies on bid

Europe stocks on Wednesday advanced as a signal of easing tensions between the U.S. and China helped bid equities higher ahead of a critical central bank decision......»»

Category: topSource: marketwatchSep 11th, 2019