Tag: Central Bank

Why Central Bankers Got Serious About Digital Cash: QuickTake – Bloomberg

What central banks once sneered at, they’re now scrambling to master. Back when Bitcoin, the world’s first cryptocurrency, was seen as the province of anarchists and drug dealers, it was easy for the world’s central bankers to keep their distance. That’s changed in a hurry because of Facebook Inc.’s proposal to create its own digital currency, Libra, which is seen by many regulators as a threat to existing monetary regimes. The central banks of China, Sweden, the Bahamas and others have been exp
— Read on www.bloomberg.com/news/articles/2019-10-20/why-central-bankers-got-serious-about-digital-cash-quicktake

Singapore Central Bank Set to Join Global Policy Easing Tide

(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes.Singapore’s central bank will probably ease monetary policy for the first time in more than three years as a global slowdown continues to weigh on the export-reliant
— Read on ca.finance.yahoo.com/news/singapore-central-bank-set-join-210000769.html

Central Bankers Hit Speaking Circuit Amid Splits: Economy Week

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Central bankers are starting to feel their way as some parts of the world economy show signs of stabilizing after they cut interest rates.With Federal Reserve and European Central Bank officials
— Read on ca.finance.yahoo.com/news/central-bankers-hit-speaking-circuit-072552608.html

Central banks ‘racing to the bottom’ means one thing, says Mark Mobius: that the stock market will do ‘very well’ – MarketWatch

The octogenarian investment manager who co-founded Mobius Capital Partners last year says the market should do well in this environment.
— Read on www.marketwatch.com/story/central-banks-racing-to-the-bottom-mean-one-thing-the-stock-market-will-do-very-well-says-mark-mobius-2019-08-15

China Central Banker Says No Specific Yuan Level Important

“There is obviously a link between the trade war and the movements of renminbi,” Yi said in an exclusive interview in Beijing, using the official term for China’s currency. Yi said that yuan’s depreciation has come thanks to market forces — it is “basically determined by supply and demand of the market
— Read on ca.finance.yahoo.com/news/china-central-banker-says-no-014923075.html

Central Bank Crusade to Spark Inflation Isn’t Convincing Traders

Spurred by flagging global growth and renewed trade frictions, the Federal Reserve and European Central Bank both flashed new willingness this week to deliver stimulus to their respective economies if necessary. U.S. break-even rates, a proxy for inflation expectations, fell on Friday even as a big
— Read on ca.finance.yahoo.com/news/central-bank-crusade-spark-inflation-225959301.html