News about policymaking in the world’s major central banks with a focus on the People’s Bank of China, the Federal Reserve, the European Central Bank, the Bank of England, the Bank of Japan and the Reserve Bank of Australia.
Britain’s banks could have to use a stricter method than global peers for calculating a key measure of capital from next year to make gaming the rules harder, according to the Bank of England.Sunday, 12 July, 2015, 6:52pm
The Bank of Japan stuck with its massive monetary stimulus programme yesterday, brushing off a lack of inflation two years after it vowed to lift the economy from years of falling prices.17 Apr 2015 - 4:21pm
Australia's central bank said another interest rate cut could be needed to support an economy that is expanding at a below-average pace, while noting emerging risks in the nation's commercial property market.17 Apr 2015 - 4:21pm
Spare a thought for Amando Tetangco. The Philippine central bank chief, a shooting enthusiast who has likened battling inflation to firing a handgun, has the strongest currency in Asia this year.17 Apr 2015 - 4:21pm
Five city banks listed in Hong Kong and mainland China have been allowed to cut their required reserve ratio by an extra 0.5 percentage points as part of fresh efforts to pump up liquidity and aid small firms as China’s economic growth slows, the Securities Times reported on Thursday.17 Apr 2015 - 4:21pm
As Chinese leaders attempt to guide their slowing economy into a soft landing, they’re counting heavily on People’s Bank of China Governor Zhou Xiaochuan to keep conditions stable.17 Apr 2015 - 4:17pm
The chairman of Shanghai Bank and deputy secretary of China Investment Corporation Fan Yifei has been appointed as a party committee member of the People’s Bank of China, according to a notice posted on the central bank’s website.17 Apr 2015 - 4:17pm
The Bank of England sees little need to raise interest rates this year, and stands ready to cut them if inflation dips more deeply into negative territory than expected, a new set of forecasts showed yesterday.17 Apr 2015 - 4:19pm
Another week, another unexpected cut in interest rates from a central bank.
On Tuesday, it was the turn of the Reserve Bank of Australia (RBA) which trimmed its benchmark interest rate by 25 basis points to a record low of 2.25 per cent - a move which ended an 18-month pause and which only 7 of nearly 30 analysts polled by Bloomberg had anticipated.17 Apr 2015 - 4:21pm
The European Central Bank took the ultimate policy leap on Thursday, launching a government bond-buying programme which will pump hundreds of billions of euros into the sagging euro zone economy.17 Apr 2015 - 4:18pm 3 comments
The Bank of England voted unanimously to keep interest rates on hold this month for the first time since July last year, after two policymakers unexpectedly dropped their call for higher rates in the face of tumbling inflation.17 Apr 2015 - 4:21pm
After slashing interest rates to almost nothing and printing trillions of dollars, central banks are becoming increasingly reliant on another policy weapon: sucker punching markets.
The European Central Bank shocked investors and forecasters on Thursday by cutting its main refinancing rate to a record low, reacting to a shock decline in inflation.11 Nov 2013 - 1:47pm
Slowing inflation is giving central bankers scope to provide the world economy with more liquidity and lower interest rates for longer, all in the name of price stability.30 Apr 2013 - 4:28am
The slump in gold may hand activist central bankers more reasons to pursue the easy monetary policy that helped drive up the metal's price in the first place.18 Apr 2013 - 5:33am
With the world's major central banks printing money at unprecedented rates to fund governments' ballooning deficits, some investors are worried about a generalised collapse in the bond markets.18 Apr 2013 - 5:33am 1 comment