Browsing: central banks
The hugely popular yen carry trade crashed and burned this month as Japan’s currency surged. A less well-known version of the strategy…
Federal Reserve Bank of Kansas City President Jeffrey Schmid signaled he’s not ready to support a reduction in interest rates…
Switzerland’s secret to beating inflation while the U.S. still struggles? Central Bank chief says it’s being ‘boring’
Central banks worldwide have struggled over the last two years to find solutions to generationally high levels of inflation, hiking…
India’s central bank boosts gold reserves by the most in 2 years after moving 100 tons from the UK to domestic vaults
India’s central bank probably increased its gold reserves by the most in almost two years last month, according to a…
Heavily indebted countries can look just fine until suddenly they don’t, finance watchdog warns—’That is how markets work’
Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets,…
We’re about to get central bank rate cuts soon—but not from the Federal Reserve: Here’s who is expected to ease in the coming week
The European Central Bank could open the door to a weaker euro on Thursday as its first interest-rate cut of…
“Climate risk is financial risk” is an increasingly ubiquitous incantation. It is frequently invoked in discussions about shareholder proposals, the…
Record-high gold prices trigger a flood of selling at jewelers and pawn shops. ‘People are using gold as an ATM they never had’
Investors and metals traders can’t agree on what exactly is behind gold’s recent rally. At King Gold & Pawn in Brooklyn, the customers…
Gold is setting record highs, but why prices are soaring now is a complete mystery: ‘The rally is defying a lot of normal thinking’
Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical climate…