Major economic blocs, such as the US, European Union, China and Japan, have engaged in ‘currency wars’ for a number of years, which now risk spiralling into ever more disruptive “beggar-thy-neighbour” policies, according to Jacques…
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Argentina to undergo IMF article VI consultation later this year The International Monetary Fund has released a host of informal briefings on Argentina compiled by staff between 2013 and 2015, after the Latin American nation…
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Fed will no longer refer to inflation as “transitory” by : Source link
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Roberto Campos Neto, governor of the Central Bank of Brazil (BCB), appears in the Pandora Papers leak of records as an assetholder in offshore tax havens, several media sources report. The International Consortium of Investigative…
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The Federal Reserve’s recent liquidity injections led to its lowest remittance to the Treasury since 2009, preliminary results show. The central bank handed over $54.9 billion to the Treasury, down from $65.8 billion in 2018.…
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There is no doubt the art of central bank communications is evolving constantly. Before 1994, the US Federal Reserve would not publish the results of its interest rate decisions. Senior central bank officials rarely…
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Chile: The Senate of Chile confirmed Luis Felipe Céspedes to the five-member board of the central bank (November 30). His term begins on February 6. Céspedes will replace Joaquín Vial Ruiz-Tagle, who is also the…
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Several central bank officials called for caution over introducing central bank digital currencies (CBDCs) at the Singapore Fintech Festival today (November 11). Nick Ogden, founder and director of payment services firm RTGS.global, told a panel…
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With the increased use of artificial intelligence in financial services, Vizor Software explains why it is crucial that regulators increase their knowledge of the potential risks while simultaneously raising internal AI skill levels and usage.…
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The coronavirus pandemic will embolden governments and bodies such as the International Monetary Fund to grasp for more power, writes Steve Hanke by : Source link
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