Central Banker Pull Out Their Monetary Bazookas to Try to Avert a Coronavirus Crash
The emerging coronavirus pandemic.....»»
Over 300 lawmakers worldwide urge IMF, World Bank to cancel poor countries" debt
Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus pandemic, and to boost funding to avert a global economic meltdown......»»
More than 300 lawmakers urge IMF, World Bank to cancel poor countries" debt
Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus pandemic, and to boost funding to avert a global economic meltdown......»»
BOJ"s Kuroda told G7 ready to ease policy to combat coronavirus fallout
Bank of Japan Governor Haruhiko Kuroda said on Tuesday he explained to his G7 counterparts that the central bank would not hesitate easing monetary policy further depending on how the coronavirus pandemic affects the country's economy......»»
IMF says ECB, ESM support key to strong EU coronavirus response
The International Monetary Fund said on Monday the relaxation of the euro zone's fiscal rules and support from the European Central Bank and the European Stability Mechanism is critical to a strong regional response to the coronavirus pandemic......»»
Brazil headed for "whatever it takes" QE as coronavirus crash looms
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......»»
The Journey To Monetary Gold And Silver
The Journey To Monetary Gold And Silver Authored by Alasdair Macleod via GoldMoney.com, Markets are just beginning to latch on to the economic consequences of the coronavirus. Central banks are sla.....»»
The Stimulus Toolbox to Help Virus-Stricken Economies
When economic downturns loom, the usual way governments try to head off the worst is through monetary policy, normally in the form of an interest rate cut by their central bank. But the turmoil brought by the coronavirus pandemic has brought wi.....»»
Dow futures bounce 400 points after Wall Street suffers worst day since the ’87 market crash
Stocks fell sharply Monday even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak......»»
Dow futures bounce 400 points after Wall Street suffers worst day since the ’87 market crash
Stocks fell sharply Monday even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak......»»
Dow futures jump 800 points after Wall Street suffers worst day since 1987 market crash
Stocks fell sharply Monday even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak......»»
Dow futures jump 800 points after Wall Street suffers worst day since 1987 market crash
Stocks fell sharply Monday even after the Federal Reserve embarked on a massive monetary stimulus campaign to curb slower economic growth amid the coronavirus outbreak......»»
IMF Prescribes Policies, Promises $1 Trillion to Bolster Global Economy
The International Monetary Fund is encouraging central banks and governments to take steps soon that could offset the impact of the coronavirus pandemic. The IMF has a $1 trillion fund to assist........»»
Global central banks pull out all stops as coronavirus paralyzes economies
The U.S. Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars to help combat the coronavirus pandemic that has jolted markets and paralyzed large parts of the world economy......»»
Global central banks pull out all stops as coronavirus paralyses economies
The U.S. Federal Reserve and its global counterparts moved aggressively with sweeping emergency rate cuts and offers of cheap dollars to help combat the coronavirus pandemic that has jolted markets and paralyzed large parts of the world economy......»»
Stock rebound runs out of steam despite emergency BoE cut
The rebound in stocks ran out of steam on Wednesday despite the Bank of England joining other central banks in cutting interest rates, as investors weighed up whether coordinated monetary and fiscal stimulus could counter the shock from coronavirus......»»
"Shock and awe strategy": Here"s what analysts are saying about the Bank of England"s emergency rate cut
Associated Press In an emergency move, the Bank of England cut interest rates by 0.5% in response to the coronavirus outbreak. The central bank's monetary policy committee (MPC) voted unanimously to slash rates from 0.75% to 0.25%. Ana.....»»
Stocks gain after emergency BoE cut adds to stimulus hopes
European stocks rose on Wednesday after the Bank of England joined other central banks in cutting interest rates, raising hopes for more co-ordinated monetary and fiscal stimulus to counter the economic shock from the coronavirus outbreak......»»
NewsWatch: Goldman economists expect Fed to cut rates soon to head off impact of outbreak
There is growing consensus that the world’s central banks, including the U.S. Federal Reserve, will soon take policy action to avert a financial meltdown due to the coronavirus outbreak......»»
Goldman economists expect Fed to cut rates soon to head off impact of outbreak
There is growing consensus that the world’s central banks, including the U.S. Federal Reserve, will soon take policy action to avert a financial meltdown due to the coronavirus outbreak......»»
Will Coronavirus Crater Hopes Of A Global Recovery As World Trade Tumbles?
Will Coronavirus Crater Hopes Of A Global Recovery As World Trade Tumbles? The global economy is faced with a synchronized slowdown as central bank ammunition to fight the next global recession is limited. Monetary .....»»