Tag: Central banking
Next global financial crisis is not ahead: UBS U.S. chief economist
Despite indicators like U.S. credit card debt pointing toward financial and economic pressures, another global financial crash is not imminent, UBS ch [...]
Carlyle’s Harvey Schwartz: ‘Incredible alpha opportunities’ ahead
Several of Wall Street's biggest names convened in Riyadh, Saudi Arabia, for the kingdom's annual Future Investment Initiative, during which they weig [...]
ECB vice president says will do ‘whatever necessary’ to tame inflation
It is crucial for the European Central Bank to convey its commitment to bringing prices down in order to keep inflation expectations anchored, accordi [...]
U.S. should pump more oil to avert war-level energy crisis: JPMorgan’s Jamie Dimon
Dimon said in June that he was preparing the bank for an economic "hurricane" caused by the Federal Reserve and Russia's war in Ukraine.Al Drago | Blo [...]
Barry Sternlicht says ‘unbelievable calamities’ ahead if the Fed keeps hiking
The Federal Reserve's aggressive rate hike path – an attempt to tamp down the highest inflation in decades – is set to cause damage to the global econ [...]
Why analysts are bullish on the SGD
"The Singapore dollar is usually considered a haven currency compared to Southeast Asian peer currencies," said Max Lin, Asia FX and rates strategist [...]
Analysts discuss U.S. interest rates, dollar, Asian Financial Crisis
The world economy may be facing conditions seen during the 1997 Asian Financial Crisis — aggressive U.S. interest rate hikes and a strengthening U.S. [...]
Historian Niall Ferguson has a warning for investors
Top historian Niall Ferguson warned Friday that the world is sleepwalking into an era of political and economic upheaval akin to the 1970s — only wors [...]
central bank governor on inflation, tourism recovery
Inflation in Thailand will largely be "contained" because the price pressures in the country are not as broad-based compared to some developed markets [...]
Central banks asleep at the wheel as inflation spirals, Brazils Guedes
Brazil's economic minister warned Friday that Western central bankers are "sleeping at the driving wheel" as economies slip deeper into a high inflati [...]
Turkey’s deal with UAE to build foreign exchange reserves
The Turkish central bank says it and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s deplet [...]
Turkey’s deal with UAE to build foreign exchange reserves
The Turkish central bank says it and the United Arab Emirates have agreed to a currency swap deal equivalent to $4.74 billion to boost Turkey’s deplet [...]
China’s zero-Covid policy prolongs supply chain disruptions
Supply chain disruptions are being prolonged driven largely by China's strict zero-Covid policy, according to an economist from Moody's Analytics.The [...]
Third wave is expected to slow near-term economic growth
Covid lab technicians in India on Friday Jan. 7, 2022.Bloomberg | Bloomberg | Getty ImagesIndia is experiencing a third wave of Covid infections — whi [...]
Turkey’s lira dips 2%; central bank says it will monitor forex risks
Ismail Ferdous | Bloomberg | Getty ImagesThe Turkish lira weakened as much as 2.6% on Wednesday, eating further into the huge gains made the previo [...]