Fed Withdraws From Central Bank Climate Group
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
US central bank's reserves still abundant in early January, NY Fed says
The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and mortgage-backed securities, data released by the New York Federal Reserve suggested on Thursday.
Fed pulls out of global climate change group
The Federal Reserve said on Friday that it will quit a group dedicated to addressing the risk climate change poses to the global financial system. Why it matters: The Fed's exit from the coalition suggests a huge pivot underway relative to years past.
US Fed Withdraws From Global Climate Change Initiative
The US Federal Reserve is pulling out of an international climate change initiative, it announced Friday, just days before Republican President-elect Donald Trump takes office.
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system. In a statement,
Fed pulls out of international climate policy group
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozen
Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
The former Bank of England boss, Mark Carney, is now running for the Liberal leadership in his native Canada. What does his ...
Egypt's current account deficit surges in July-Sept 2024, central bank says
Egypt's current account deficit more than doubled to $5.9 billion in July-September 2024, compared with $2.8 billion in the ...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
U.S. senators questioning President-elect Donald Trump's nominee for Treasury Secretary, Scott Bessent, didn't spend much time on cryptocurrency ...
Indian central bank's daily liquidity infusion to aid money markets, traders say
Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will ...
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold.
Mauritius Arrests Former Central Bank Chief in Probe Over Fraud
Police in Mauritius have arrested the immediate former central bank governor for alleged conspiracy to defraud the nation, ...
Analysis-China central bank is moving faster towards its policy limits
China's central bank is expected to deploy its most aggressive monetary tactics in a decade this year as it tries to ...
KWTO adds mid-Missouri morning show, Guaranty Bank names new president
In business news, KWTO adds a mid-Missouri morning show, Guaranty Bank has a new president and Lost & Found Grief Center ...
Chile Central Bank Warns of ‘Significant Risks’ Around Rate Path
Chile’s central bank said its future monetary policy decisions should consider significant risks including short-term ...