Twenty Central Banks Hold Meetings as Inflation Forces Split

(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergZero Taxes, Golf and Beach Houses Create a Crypto Island ParadiseAnatomy of a Bad RoadChina Is Building the World’s Largest National Park SystemBoris Johnson’s Furious MPs Worry That His Next Misstep Could Be FatalThe 15 Best Beers We Drank This YearThe world’s top central banks are diverging, as some turn to tackling surging inflation while others keep stoking d
— Read on ca.finance.yahoo.com/news/twenty-central-banks-hold-meetings-220000824.html

Central bank digital currencies: Bitcoin, Libra could play a role

Cryptocurrency bitcoin and Facebook-backed Libra could play different roles in a world where central banks globally begin to issue their own digital currencies, Raghuram Rajan, former Reserve Bank of India governor, told CNBC.
— Read on www.cnbc.com/2020/08/20/central-bank-digital-currencies-bitcoin-libra-could-play-a-role.html

Central Bank Reserves Can’t Be Taken for Granted

(Bloomberg Opinion) — The Covid crisis has required strong and prompt action by central banks consistent with their mandates. In March, disorderly conditions reached the core financial markets, posing a very real threat to the stability of the financial system — by far the most serious threat since
— Read on ca.finance.yahoo.com/news/central-bank-reserves-cant-taken-060014065.html

China’s Markets Already Pricing In More Central Bank Easing

(Bloomberg) — Investors across China’s financial markets are betting the central bank will need to keep ramping up monetary stimulus, ignoring economists who are virtually certain that won’t happen any time soon.Those expectations helped kickstart a fresh rally in the country’s government bonds on Tuesday
— Read on ca.finance.yahoo.com/news/china-markets-already-pricing-more-200000319.html

Central Banks Battle to Gain Control of Wild Global Markets

(Bloomberg) — Central banks from the Asia Pacific to Europe pledged to spend billions of dollars and implemented new policy steps to stem a global market rout.Euro-zone bonds rocketed on Thursday after the European Central Bank launched a 750 billion euro ($820 billion) debt-buying program to keep borrowing
— Read on ca.finance.yahoo.com/news/boj-adds-liquidity-9-2-015746321.html

Fed Starts Dollar-Swap Lines With Nine More Central Banks

(Bloomberg) — The Federal Reserve established temporary dollar liquidity-swap lines with nine additional central banks, expanding the rapid roll-out of financial-crisis-era programs to combat the economic meltdown from the coronavirus pandemic.The new facilities total $60 billion for central banks in
— Read on ca.finance.yahoo.com/news/fed-starts-dollar-swap-lines-131101264.html