Latest News for: Central banker

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Ben Bernanke and Edward Chancellor square off on monetary policy

Economist 11 Aug 2022
Readers may scoff when he describes a “burst” of inflation troubling the economy, or labels Jerome Powell, today’s Fed chair who has looked hapless as inflation has risen, a “consummate 21st-century central banker” ... But when the time comes to appoint a central banker, choose someone like Mr Bernanke.
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How should investors prepare for repeat inflation shocks?

Economist 11 Aug 2022
\nFor as long as central bankers kept a lid on inflation, investors were protected ... the heart of this is not whether central bankers can bring down prices, but whether the underlying inflation dynamic has changed ... central bankers will be playing whack-a-mole for a while yet.
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Central Payments Closes $30 Million Growth Equity Raise

Victoria Advocate 11 Aug 2022
The transaction spins the banking-as-a-service leader out from Central Bank of Kansas City and further accelerates its rapid growth trajectory ... Central Payments' team of fintech bankers and its Open*CP API platform are lynch pins for those relationships," said Tony Scavuzzo, Managing Principal at Castle Creak Capital ... About Central Payments.
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Prices rose 9.1pc in year to the end of July but pace of increases has slackened

Irish Independent 11 Aug 2022
Inflation in July 2022 was the same as in July 2021.Housing, water and energy drove the yearly inflation spike, rising 21.6pc in the 12 months to July.Energy alone was up 1.6pc in the month and 50.4pc since July 2021.The last time annual headline inflation was higher was in the ...
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Borrowing cost may rise for power, infra, health and engineering companies

The Times of India 11 Aug 2022
's (RBI) red flag on credit enhancement (CE) on loans could lead to ratings being downgraded by at least two notches in sectors like power, healthcare, roads, construction and engineering, which could force banks to increase risk weights and raise borrowing costs for these companies, bankers and analysts said.
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Inflation surge heralds a new era of volatility as world economy shifts

Irish Independent 11 Aug 2022
... a while former Bank of England chief Mark Carney believes an era of has now ended.Something else has also ended, a period in which central banks and central bankers were hailed as heroes for cooking up the ‘just right’ economic porridge of the Goldilocks era.
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The market rally on the back of July's CPI reading may be 'too euphoric' and ...

Business Insider 11 Aug 2022
While consumer prices overall cooled, food inflation hit another high of 10.9% in July ... The Federal Reserve is also known to follow the "Rule of Threes," meaning central bankers prefer to see three consecutive readings of sequentially lower inflation before they feel comfortable that it's actually on the decline, not just one or two readings ... ....
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Fed to raise interest rates to 4% next year, Evans says

Reuters 11 Aug 2022
Aug 10 (Reuters) - Wednesday's consumer price index report showing U.S ... The remarks suggest Evans, among the 19 central bankers who set U.S. monetary policy, expects to soon slow what's been the Fed's steepest round of interest-rate hikes in decades ... Register. That would be half the pace of rate hikes over the last four months ... Register.
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Is The Worst Over for US Stocks?

FX Empire 11 Aug 2022
The S&P 500 index is widely used as the benchmark to gauge how overall US stocks are performing ... What’s driving this rebound in the S&P 500? ... After that, markets think the US central bank then has to start unwinding its rate hikes (i.e ... (where central bankers gather to talk about issues pertaining to the economy and monetary policy ... Sign Up.
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US inflation slows rom a 40-year peak ut remains high

The Buffalo News 11 Aug 2022
By Jeanna Smialek and Ana Swanson. NEW YORK TIMES ... People are also reading… ... But central bankers are likely to see this as a first step in the right direction rather than a definite victory, because the cost of many goods and services continued to pick up rapidly even as gas and travel-related price declines pulled overall inflation lower ... ....
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How coolheaded central bankers curb the heightening inflation

The Jakarta Post 10 Aug 2022
The joke, conveyed by then-president of the European Central Bank Mario Draghi, is relevant today when central bankers are confronted with a dilemmatic situation in combating inflation and preserving the value of currency.
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Banks seek foolproof shield against probes

Financial Express 10 Aug 2022
Banks have approached the government to consider appropriate amendments to the Lokpal Act for introducing a requirement for the anti-corruption authority to obtain approval of the bank concerned before referring a complaint, involving its staff, to the Central Bureau of Investigation (CBI), official and banking sources told FE.
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Factbox-Is global inflation nearing a peak?

FX Empire 10 Aug 2022
(Reuters) – Calling the top of the current wave of inflation has been a painful exercise for economists and central bankers, who have been proven wrong time and again over the past year ... Some central bankers can take comfort in the fact that investors haven’t lost faith in them.
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Factbox: Is global inflation nearing a peak?

Reuters 10 Aug 2022
Aug 10 (Reuters) - Calling the top of the current wave of inflation has been a painful exercise for economists and central bankers, who have been proven wrong time and again over the past year ... Some central bankers can take comfort in the fact that investors haven't lost faith in them.
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Is global inflation nearing a peak?

Al Jazeera 10 Aug 2022
Calling the top of the current wave of inflation has been a painful exercise for economists and central bankers, who have been proven wrong time and again during the past year ... Some central bankers can take comfort in the fact that investors have not lost faith in them.

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In this photo released by the Taiwan Ministry of National Defense, Taiwan military forces conduct anti-landing drills during the annual Han Kuang military exercises near New Taipei City in Taiwan on Wednesday, July 27, 2022
AP / Taiwan Ministry of National Defense
On 16 June 2022, Volodymyr Zelenskyy meet, in Kyiv, with "met with President of France Emmanuel Macron, Chancellor of Germany Olaf Scholz, President of Romania Klaus Iohannis and Prime Minister of Italy Mario Draghi, who arrived in Ukraine on a visit."
Creative Commons / President.gov.ua
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