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Tags : "central banks"

BoE to review climate impact of corporate bond-buying after Covid

LONDON: Bank of England Governor Andrew Bailey said the British central bank would look at the possibility of introducing climate change considerations when deciding which corporate bonds it buys, but only once the coronavirus crisis has eased. “When the pressure on our resources abates, we will turn to important issues such as the benchmark for […]Read More

Powell stays with message of uncertain path for recovery

By Christopher Condon and Craig Torres Federal Reserve Chairman Jerome Powell said the US economy may be entering a period of significant improvements in employment, but one that will leave the labor market “well short” of the robust levels seen just before the coronavirus pandemic. “We would expect to see large numbers of people during […]Read More

RBI research papers highlight need for more policy measures to

Kolkata: Debt mutual funds may be mandated to hold more government bonds incrementally to overcome liquidity Issues in case of sudden redemption as it happened during the recent Franklin Templeton fiasco, research papers from Reserve Bank of India said, highlighting the need for more policy measures to de-stress the economy. The central bank also observed […]Read More

Muller calls for ECB to stick to ‘capital key’ in

TALLINN: The European Central Bank should limit how much its bond purchases deviate from each country’s shareholding in the bank to ensure its policies remain proportional and benefit all euro zone members, Governing Council member Madis Muller said. Muller’s comments suggest limits to the flexibility that the ECB maintains its Pandemic Emergency Purchase Programme (PEPP) […]Read More

Unfazed by pandemic, Bank of Japan to keep economic recovery

TOKYO: The Bank of Japan is likely to maintain this month its projection that the economy will gradually recover from the damage wrought by the coronavirus pandemic in the latter half of this year, sources said. Such a view would reinforce market expectations that it will forgo bold monetary easing steps at its June rate […]Read More

ECB ‘more determined than ever’ to help euro zone economy

FRANKFURT: The European Central Bank is more determined than ever to help the recession-hit euro zone economy, ECB Vice President Luis de Guindos said on Thursday, days after a German court sought to place limits on its powers. Facing an unprecedented threat from the German Constitutional Court, the comments from de Guindos suggest the ECB […]Read More