The last time major central banks shifted gears together, it was a cooperative m...
WASHINGTON/TOKYO/FRANKFURT - The last time major central banks shifted gears together, it was a cooperative move to keep the financial crisis of a decade ago from becoming a full-bore, worldwide depression.
The three institutions, particularly the Fed, set financial conditions that influence interest rates, exchange rates and capital flows worldwide, and all three are expected to loosen monetary policy when they meet over the next eight days. “We really thought monetary policy had things under control,” and would be able to offset whatever programs elected leaders chose to pursue, even a trade war, said Tara Sinclair, an economics professor at George Washington University.
China, the chief target of U.S. President Donald Trump’s drive to raise tariffs and rewrite global trading rules, took its own steps last week to loosen bank credit, and nearly 20 other central banks have cut rates or loosened policy in recent weeks.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Analysts divided on ECB stimulus prospects amid conflicting tones from officialsAnalysts are split over what to expect from the European Central Bank (ECB) week, after central bank officials moved to downplay market expectations of immediate and substantial quantitative easing (QE).
Consulte Mais informação »
Time for shock and awe: Five questions for the ECBThis week's European Central Bank meeting is shaping up as one of the most ...
Consulte Mais informação »
Euro on defensive ahead of ECB, yuan slips after RRR cutThe euro was under pressure on Monday ahead of a European Central Bank meeting l...
Consulte Mais informação »
Malaysia's central bank seen holding rate as it weighs risks to growth: Reuters pollMalaysia's central bank is expected to keep its benchmark interest rate unc...
Consulte Mais informação »
Friends' Famous Central Perk Sofa Is Traveling Around the World: Here's How to Grab a SeatFriends' famous Central Perk sofa is traveling around the world: Here's how to grab a seat
Consulte Mais informação »
Alibaba, Tencent, Five Others To Receive First Chinese Government CryptocurrencyAs global central banks grapple with Facebook’s plans to create a cryptocurrency similar to bitcoin but backed with traditional currency, sources say China is taking a big lead with plans to disperse its own state-backed cryptocurrency to 1. 3 billion people.
Consulte Mais informação »