Tag "Central bank"
China’s interest rate cut not as reformist as it seems
China’s recent interest rate cut could ease corporate debt financing pressure. But at the same time, by expanding the floating range of interest rates on bank deposits, China could move towards more financial
Kazakhstan stuck between falling exchange rates and oil prices
How will Kazakhstan’s economy react to the double threat of the falling ruble exchange rates and falling oil prices? Kazakhstan’s growth rate since 2010 has been above 6%, but current
When will India’s central bank (RBI) reduce interest rates?
Is the Reserve Bank of India’s (RBI) Governor, Raghuram Rajan, behind the curve on interest rate reduction? Some members of the technical advisory panel of RBI and a few independent
China’s internet banking faces tightened regulations
China’s central bank is considering regulations that would curb the development of China’s internet banking innovation. Facing rising domestic financial risks, Chinese policy makers seem to be liberalizing the financial
Renminbi depreciation poses risk to Chinese economy
In the last couple of weeks, the Renminbi has lost nearly half of its 2013 appreciation against the U.S. dollar. Investor speculation and central bank monetary policy may both be
Yellen’s first statements chart clear path for Federal Reserve
The new Fed Chairwoman made clear to Congress that her Fed will focus on improving the labor market and being straightforward in its messaging. In her first major appearance since becoming
Slovenia avoids bailout, but long way to recovery remains
The results of the bank stress test released on 12th December have confirmed that the cost of recapitalization for debt-ridden Slovenian banks is higher than originally expected, but the country
Reasons a currency war could still be on the horizon
In February, G20 finance ministers and central bankers announced they would avoid currency devaluations and similar beggar-thy-neighbor policies. On the surface this might lead one to think that governments would
