TAG: Central banks
Christine Lagarde makes a poor central banker, ECB staff say
FRANKFURT — On the global stage, European Central Bank President Christine Lagarde still exudes the...
8 months ago
Belgian government breaks deadlock over renewal of central bank governor mandate
The parties in Belgium's coalition government have reached an agreement to renew Pierre Wunsch’s man...
8 months ago
A quiet revolution rocks central banking
There’s a quiet revolution happening at the heart of central banking. On the surface, the inconspicu...
8 months ago
2023: The year in figures and charts
2023 was marked by crisis, transition and conflict.As the war in Ukraine dragged into its second yea...
8 months ago
Europe to be late arrival at Federal Reserve party
The U.S. is having a party, and Europe is going to be unavoidably late to it. No fewer than four cen...
8 months ago
Middle East braces for chaos as Iran and West square up
Western warplanes and guided missiles roared through the skies over Yemen in the early hours of Frid...
8 months ago
Why Might Gold Be Rising?
While Gold (XAU) is down almost 2.04% since the beginning of the year and as of the time of the writing, many analysts believe that the commodity will finish higher by the end of the year. At the beginning of the month, UBS Group (UBSG) forecast Gold to r...
7 months ago
Politics will decide ouster of Polish central banker, even harshest critics admit
WARSAW — The future of beleaguered National Bank of Poland chief Adam Glapiński will be decided by the the country’s ruling majority in a political decision rather than based on the accusations he faces, a number of critics say.Glapiński’s performance sin...
6 months ago
EU will have to seize Russian assets eventually if it wants Ukraine to win, bank chief says
Policymakers need to stop worrying about the financial and legal ramifications of skimming proceeds from frozen Russian assets to arm Ukraine and must instead recognize Moscow's aggression poses a far greater risk to the European economy, a top European C...
6 months ago
ECB signals historic break from QE era with new operating framework
The European Central Bank outlined major changes to the way it works on Wednesday, aiming to scale down its presence in financial markets after 15 years of emergency measures.During the financial crisis, the ECB took up a far more active role in European...
6 months ago
US presses Austria’s Raiffeisen to quit Russia
Washington is tightening the screws on the last remaining banks in Europe still doing business with Russia. The Treasury's top sanctions enforcement official, Acting Assistant Secretary Anna Morris, met in Vienna on Friday with Austrian officials and repr...
6 months ago
Look away: The ECB is about to change its rules of engagement
ECB policymakers will meet on Wednesday outside of the framework of their usual monetary policy meetings to decide the technical details about how the central bank should operate in the post-QE era.All the signalling from the ECB suggests they don’t want...
6 months ago
ECB sees no fault in mission to ‘train’ staff minds on climate
The European Central Bank (ECB) is refusing to back down in a row with staff over perceived “disrespect” by top management toward staff.Earlier this week, the bank's staff committee wrote to President Christine Lagarde to protest at comments at an interna...
6 months ago
The gold treasure of National Bank of Romania that was sent to Moscow
The troubled story of the evacuation of the National Bank of Romania treasure to Moscow began during the First World War. Romania entered the war in August 1916, joining the ‘entente’ of France, United Kingdom and Russia. After the initial victories, Roma...
6 months ago