US central bank's reserves still abundant in early January, NY Fed says
The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and mortgage-backed securities, data released by the New York Federal Reserve suggested on Thursday.
Fed Withdraws From Central Bank Climate Group
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
Federal Reserve Withdraws From Global Regulatory Climate Change Group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement,
Fed withdraws from Network of Central Banks for Greening Financial System
The Federal Reserve Board announced it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System.
Federal Reserve announces exit from regulatory climate change group
The Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement, th
Federal Reserve Withdraws From Global Climate Coalition
The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.
Fed pulls out of global climate change group
The Federal Reserve said on Friday that it will quit a group dedicated to addressing the risk climate change poses to the global financial system. Why it matters: The Fed's exit from the coalition suggests a huge pivot underway relative to years past.
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
The former Bank of England boss, Mark Carney, is now running for the Liberal leadership in his native Canada. What does his ...
Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozen
Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.
Russian central bank dismisses retail deposit freeze rumours
The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen ...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
U.S. senators questioning President-elect Donald Trump's nominee for Treasury Secretary, Scott Bessent, didn't spend much time on cryptocurrency ...
Egypt's current account deficit surges in July-Sept 2024, central bank says
Egypt's current account deficit more than doubled to $5.9 billion in July-September 2024, compared with $2.8 billion in the ...
Bessent says U.S. doesn't need a central bank digital currency
Bessent said that he sees no reason for the U.S. to have a central bank digital currency. "In my mind, a central bank digital currency is for countries who have no other investment alternatives," ...
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold.
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China’s Central Bank Buys More Gold as Prices Trade Near Record
China’s central bank expanded its gold reserves for a second month in December, signaling renewed appetite after ...
Has business activity picked up in Europe?
Consumer demand remains soft and there are growing signs of “cracks” in the labour market, leaving the ECB “increasingly behind the curve with its slow loosening cycle”, according to Tomas Dvorak, an ...