Tag: Central banking
With Europe’s economy lagging, ECB to keep stimulus running
FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...
With Europe’s economy lagging, ECB to keep stimulus running
FRANKFURT, Germany — The European Central Bank is expected to signal Thursday that even if inflation rises later this year it won't consider cutting...
‘Britcoin’ digital currency being considered by UK
LONDON — British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak indicated could be known as...
‘Britcoin’ digital currency being considered by UK
LONDON — British authorities are exploring the possibility of creating a new digital currency that Treasury chief Rishi Sunak indicated could be known as...
Turkey to ban cryptocurrencies for buying goods, services
ANKARA, Turkey — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a...
Turkish central bank maintains key rate unchanged at 19%
ANKARA, Turkey — Turkey’s central bank on Thursday kept a key interest rate unchanged at 19%, in its first rate decision since the surprise...
Powell defends Fed’s consideration of climate change risks
WASHINGTON — Federal Reserve Chair Jerome Powell on Wednesday defended the Fed's increasing scrutiny of the threat that climate change could pose to the...
Syrian leader sacks Central Bank chief amid currency crash
BEIRUT — President Bashar Assad sacked the governor of war-ravaged Syria’s Central Bank on Tuesday amid a crash in the currency in recent months.
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Fed leaders agree: Economics has a racial-disparity problem
WASHINGTON — Top Federal Reserve policymakers on Tuesday underscored their concern that Black and Hispanic people are sharply underrepresented in the economics field, which...
Fed’s Powell: US nears full reopening to ‘different economy’
WASHINGTON — The U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve Chair Jerome...