Tag: finance

© Reuters. FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su By Ann Saphir (Reuters) – Directors at three regional Federal Reserve banks voted in January to increase the interest rate charged to commercial banks for emergency loans by a quarter of…

There are pros and cons to the practice of quantitative easing. Syda Productions; Canva ContentsWhat Is Quantitative Easing in Simple Terms?What Happens During Quantitative Easing? Is Quantitative Easing Just “Printing Money?”Is Quantitative Easing Good or Bad? Does It Work?Does Quantitative Easing Cause Inflation?What Happens When Quantitative Easing Ends?Quantitative Easing vs. Quantitative TighteningWho Started Quantitative Easing?Examples…

Michael (Mike) Novogratz is very active on the Twitter social network.  But when we delve into the recent tweets of the former Goldman Sachs banker, we don’t really get the impression that the prices of cryptocurrencies, of which he is an ardent investor and evangelist, have been in pain for several weeks now.  On closer…

© Reuters. FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo WASHINGTON (Reuters) -The World Bank Group on Saturday said it is readying a $350 million disbursement to Ukraine that the…

© Reuters. Canada’s Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada, February 17, 2022. REUTERS/Patrick Doyle By David Lawder and Andrea Shalal WASHINGTON (Reuters) – Canadian Finance Minister Chrystia Freeland stepped well beyond economic policy at a G20…

© Reuters. FILE PHOTO: A board showing the real-U.S. dollar exchange rate and that of several foreign currencies is pictured in Rio de Janeiro, Brazil, December 16, 2015. REUTERS/Ricardo Moraes By Marcela Ayres BRASILIA (Reuters) -Brazil’s government is considering an income tax exemption for foreigners investing in domestic corporate bonds, hoping to lower financing costs…

© Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie By Julie Gordon and David Ljunggren OTTAWA (Reuters) -The Bank of Canada will be nimble and potentially “forceful” in tackling uncomfortably high inflation, a senior official said on Wednesday, setting the stage…

© Reuters. FILE PHOTO: People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee SHANGHAI (Reuters) – China’s central bank injected funds through medium-term loans into the financial system on Tuesday, while keeping the interest rate unchanged. The People’s Bank of China…

© Reuters. FILE PHOTO: A logo of Bangko Sentral ng Pilipinas (Central Bank of the Philippines) is seen at their main building in Manila, Philippines March 23, 2016. REUTERS/Romeo Ranoco By Md Manzer Hussain BENGALURU (Reuters) – The Philippine central bank will wait until the end of the year before raising interest rates from a…

Updated at 9:09 am EST St. Louis Federal Reserve President James Bullard doubled-down on his view that deeper near-term rate hikes are need to tame domestic price increases, telling CNBC Monday that inflation is ‘broadening and accelerating’ in the world’s biggest economy.  Bullard, who last week said that the Fed needs to increase interest rates…