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Central Banks News
Down, down they go: Emerging central banks deliver more rate cuts
Wed, Dec 04, 2019
Below is a list of recent emerging market central bank monetary policy changes:TAJIKISTAN - The central bank cut its refinancing rate to 12.25% from 13.25% on Dec. 2, saying inflation in the Central Asian nation was likely to remain in line with its forecasts.
Central banks' gold demand to remain buoyant: WGC
Sat, Sep 22, 2018
"Looking ahead, we expect central bank demand to stay buoyant as diversification will continue to be an important driver of demand, as will the transition to a multipolar currency reserves system over the coming years," it said.
Bitcoins for free? Japanese cryptocurrency exchange lands in hot water again
Wed, Feb 21, 2018
A blunder at a Japanese cryptocurrency exchange let investors briefly buy bitcoins for free - though none were able to profit from the mistake.
2018 global growth to roll to highs not seen in eight years: Reuters poll
Wed, Jan 24, 2018
The global economy is expected to grow at a robust pace this year and reach an altitude not seen since 2010, as momentum builds in developed economies and inflation revives, Reuters polls of over 500 economists showed.
Global Markets: Bumper year for stocks and commodities, downer for the dollar
Fri, Dec 29, 2017
Asian markets were ending 2017 in a party mood on Friday after a year in which a concerted pick-up in global growth boosted corporate profits and commodity prices, while benign inflation kept central banks from taking away the monetary punch bowl.
Bubble or breakthrough? Bitcoin keeps central bankers on edge
Mon, Nov 27, 2017
Central bankers say the success of bitcoin and other cryptocurrencies is just a bubble. But it keeps them awake at night because these private currencies threaten their control of the banking system and money supply, which could undermine the monetary policies they use to manage inflation.
Better coordination among central banks needed in times of crises: Raghuram Rajan
Wed, May 11, 2016
Rajan also questioned the monetary policy actions of central banks in developed countries in trying to boost demand and said that such moves could actually be having little impact along the lines intended.
Unclear if helicopter money will be effective, RBI's Rajan says
Tue, May 10, 2016
Policy makers around the world need to ask if central banks injecting money into the economy through "helicopter drop" is politically feasible or produce the intended targets, Reserve Bank of India Governor Raghuram Rajan said on Tuesday.