Central banking

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023.Richard A. Brooks | Afp | Getty ImagesThe Bank of Japan announced it's increasing its bond purchases at Wednesday's auction, as a spike in…
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Francois Villeroy de Galhau, governor of the Bank of France.Bloomberg | Bloomberg | Getty ImagesIt is "premature" to bet on a cut to interest rates, Francois Villeroy de Galhau, France's central bank governor, told CNBC, as market…
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Christine Lagarde, president of the European Central Bank.Bloomberg | Bloomberg | Getty ImagesFRANKFURT — The European Central Bank is set to keep rates steady Thursday as economic activity in the euro area decelerates at a faster pace…
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LONDON — U.K. headline inflation cooled sharply in July to an annual 6.8%, but the core consumer price index remained unchanged, posing a potential headache for the Bank of England.The headline CPI reading was in line with a consensus…
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The U.S. no longer has an inflation problem, according to veteran economist Steve Hanke."I think the inflation story is history. One reason for that is that money supply has been contracting on a year-over-year basis by minus 4% in the…
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Lawrence Wong, Singapore's finance minister and deputy prime minister in Sept, 2021.Bloomberg | Bloomberg | Getty ImagesThe Monetary Authority of Singapore, the city-state's financial regulator and central bank, has named Deputy Prime…
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Aerial photo shows the traffic flow on a viaduct in Nanjing, East China's Jiangsu Province, June 16, 2023. (Photo by Costfoto/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesGoldman Sachs became the latest Wall Street bank to…
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Traders react as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, March 22, 2023.Brendan McDermid | ReutersThe market has long been pricing…
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Federal Reserve Chairman Jerome Powell on Tuesday cautioned that interest rates are likely to head higher than central bank policymakers had expected.Citing data earlier this year showing that inflation has reversed the deceleration it…
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Federal Reserve officials earlier this month agreed that smaller interest rate increases should happen soon as they evaluate the impact policy is having on the economy, meeting minutes released Wednesday indicated.Reflecting statements…
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