Tag: “Central Banks”

Fed’s Bostic says he doesn’t see first rate cut until late next year

The Federal Reserve may not cut interest rates until late 2024, Atlanta Fed President Raphael Bostic said Friday.

Powell says inflation is still too high and lower economic growth is likely needed to bring it down

Federal Reserve Chairman Jerome Powell acknowledged recent signs of cooling inflation, but said Thursday that the central bank would be “resolute” in its commitment to its 2% mandate.

Fed’s Powell to take the stage amid a suddenly choppy landscape

Oct 19 (Reuters) – Federal Reserve Chair Jerome Powell will take the podium in New York on Thursday with his colleagues at the U.S. central bank in apparent agreement to hold interest rates unchanged at their next meeting in two weeks but with still-great uncertainty about what happens after that.

Γ. Στουρνάρας στους FT: Όχι σε άλλες αυξήσεις επιτοκίων – Είμαστε στο σκοτάδι λόγω Μ. Ανατολής

Η αναταραχή στη Μέση Ανατολή δημιουργεί νέες προκλήσεις για την οικονομία της Ευρώπης και σημαίνει ότι δεν θα πρέπει να γίνουν άλλες αυξήσεις επιτοκίων, προειδοποίησε ο διοικητής της Τράπεζας της Ελλάδος, Γιάννης Στουρνάρας, μιλώντας στους Financial Times.

China ramps up liquidity support to banking system

SHANGHAI, Oct 16 (Reuters) – China’s central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged amid concerns about the risk of more sharp yuan declines.

BoE’s Bailey says future rate decisions will be ‘tight’

MARRAKECH, Morocco, Oct 13 (Reuters) – Bank of England Governor Andrew Bailey said on Friday that future interest rate decisions by the central bank would continue to be tight after officials voted to leave borrowing costs on hold last month by the finest of margins.

Fed Minutes Show Some Officials Ready to Pivot from ‘How High’ to ‘How Long’

Several Federal Reserve officials said at the bank’s September policy meeting that rates were likely “at or near their peak” and suggested that the focus shift to looking more at how long to keep its target for the fed-funds rate at restrictive levels.

Γ. Στουρνάρας: Εφικτή η ανάπτυξη 3% το 2024 – Να μπουν στρατηγικοί επενδυτές στις τράπεζες

O στόχος της Ελλάδας για ισχυρή ανάπτυξη 3% το 2024 είναι εφικτός καθώς στη χώρα θα εισέλθουν αυξημένα επενδυτικά κεφάλαια τα επόμενα έτη, θα επιτυγχάνει πλεονάσματα ενώ το χρέος θα μειώνεται, είπε ο διοικητής της Τράπεζας της Ελλάδας (TτΕ) Γιάννης Στουρνάρας, μιλώντας στο Reuters.

European Central Bank member says more rate hikes still possible if new shocks emerge

Austrian central bank Governor Robert Holzmann said the European Central Bank could implement one or two further interest rate increases, if there are “additional shocks” to the economy.

Israel’s central bank sells $30 billion in foreign reserves after shekel slides to seven-year low

The Bank of Israel on Monday announced it will sell up to $30 billion in foreign reserves in a bid to support its domestic currency which has fallen sharply following the deadly incursion by Hamas militants over the weekend.

Σήμα Λαγκάρντ για τα επιτόκια: «Θα παραμείνουν αυξημένα για όσο χρειαστεί»

Αν διατηρηθούν για μεγάλο διάστημα τα τρέχοντα επίπεδα των επιτοκίων, θα συμβάλουν ουσιαστικά στην έγκαιρη επιστροφή του πληθωρισμού στο 2%, εκτίμησε η πρόεδρος της ΕΚΤ

Fed officials see high long rates as “complicated,” but not yet a threat

ATLANTA, Oct 3 (Reuters) – Federal Reserve officials see rising yields on long-term U.S. Treasury debt as evidence their tight-money policies are working, but for now at least say they are not triggering alarm bells for the economy.

Bank of Japan hikes bond buying as benchmark yields hit decade peak

BOJ said Monday it will conduct on Wednesday an unscheduled and unspecific amount of additional purchases of Japanese government bonds with tenures of more than five years and up to 10 years.

Bank of Japan announces unscheduled bond buying

The Bank of Japan surprised markets Friday with the announcement that it will buy $2.01 billion (300 billion yen) of five to 10-year bonds.

Fed’s Kashkari: Unsure if Fed has hiked enough to bring inflation to target

NEW YORK, Sept 27 (Reuters) – Federal Reserve Bank of Minneapolis President Neel Kashkari said on Wednesday it is not clear yet whether the central bank is finished raising rates amid ample evidence of ongoing economic strength.

BOJ Gov. Ueda Says Important to Nurture Sustainable Inflation

OSAKA–Bank of Japan Gov. Kazuo Ueda said Monday that he has seen some positive signs of sustainable inflation, but he isn’t ready to unwind monetary easing yet.

BOJ keeps ultra-loose policy, dovish guidance, yen skids

The Bank of Japan maintained ultra-low interest rates on Friday and its pledge to keep supporting the economy until inflation sustainably hits its 2% target, suggesting it was in no rush to phase out its massive stimulus programme.

Στουρνάρας: Φτάσαμε στην κορύφωση των επιτοκίων

Η ΕΚΤ είναι πιθανότερο να μειώσει τα επιτόκια δανεισμού στην επόμενη συνεδρίασή της, παρά να τα αυξήσει περαιτέρω, δήλωσε ο διοικητής της Τράπεζας της Ελλάδος, Γιάννης Στουρνάρας.

The Fed’s Dot-Plot Told One Story. Powell Gave Us Another.

The Federal Reserve’s latest Summary of Economic Projections, published Wednesday, delivered a message that was remarkably optimistic and fairly clear: Fed officials forecast that interest rates will stay above 5% through the end of next year, while unemployment will be lower and economic growth will be higher than previously expected. 

Swiss National Bank holds rates unchanged, ending hike streak

The Swiss National Bank ended its streak of five consecutive increases, keeping interest rates unchanged at its quarterly monetary policy meeting on Thursday.