Can monetary policy cure the ills of an economic slowdown caused by the Coronavirus? China may be about to find out. In a series of actions aimed at boosting liquidity (and, by extension, economic stability), China’s central bank has pumped money into the country’s financial...
A European Central Bank (ECB) policy maker is urging banks in the area to find alternatives to Facebook’s proposed cryptocurrency Libra, according to a report by Bloomberg. Jens Weidmann said banks should come up with their own cheaper and quicker systems to move money around,...
Sabine Lautenschläger, Germany’s representative on the European Central Bank’s executive board, has resigned over the institution’s changes to its monetary policy. Lautenschläger’s decision to step down is proof that there is a deep division within the institution’s top ranks over its recent decision to loosen...
Market conditions in China are poised to cause another wave of corporate bond defaults, according to recent Financial Times (FT) reports, which pointed to maturing issuance and a lower risk appetite combining to possibly continue a wave of defaults seen last year. According to the publication,...
March 23, 2020
The Federal Reserve launched a massive aid package on Monday (March 23) to prop up the coronavirus-devastated U.S. economy, unveiling up to $300 billion in financing for consumers and businesses large and small, and an unlimited amount of so-called “quantitative easing.” The moves temporarily buoyed financial markets, turning premarket stock-futures trading from red to green […]
January 02, 2020
A European Central Bank (ECB) policy maker is urging banks in the area to find alternatives to Facebook’s proposed cryptocurrency Libra, according to a report by Bloomberg. Jens Weidmann said...
September 26, 2019
Sabine Lautenschläger, Germany’s representative on the European Central Bank’s executive board, has resigned over the institution’s changes to its monetary policy. Lautenschläger’s decision to step down is proof that there...
August 20, 2018
Venezuelans were jamming stores and gas stations late last week as worries about an overhaul of monetary policies could create financial havoc, preventing even basic shopping. According to a report...
