... e Federal Reserve’s monetary policy decisions that have left US interest rates higher than many other economies and said he would prefer negative rates. The Fed has cut interest rates three times sinc ...More
EJ Insight2019-11-13
... favorite reserve asset. When times are tough or uncertainty reigns, investors flock to dollar-denominated assets, particularly US Treasury debt – ironically, even when there is a financial crisis in ...More
EJ Insight2019-11-11
... e Federal Reserve hinted after the recent rate cut that there should be no need to lower rates further in the near term. If the US economy continues to charge ahead, we should not rule out the possibi ...More
EJ Insight2019-11-05
... ng Kong’s reserve holdings from sterling to a basket of currencies. The current time is a golden opportunity for reform of the appointment system of the chief executive. Historically, the Communist Pa ...More
EJ Insight2019-11-05
... e Federal Reserve eased the rate last week, Hong Kong was not expected to follow. But HSBC cut its prime lending rate by 0.125 percent. On the same day, the Hong Kong government said the city’s third- ...More
EJ Insight2019-11-04
The US Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain growth, but signaled there would be no further reductions unless the economy takes a turn for the wo ...More
EJ Insight2019-10-31
... see, and reserve judgment. If you see a social media post that presents something outrageous or extreme as a fact, it is best to be skeptical. Wait and see what trustworthy and authoritative media ha ...More
EJ Insight2019-10-28
... exchange reserves have become much more reliable since China began reporting its holdings. And the SWIFT payments system issues monthly data on the use of major currencies in international transactio ...More
EJ Insight2019-10-24
... d Federal Reserve governor Lael Brainard reiterated those concerns on Wednesday, saying at a separate event in Washington that the Libra project “must address a core set of legal and regulatory challe ...More
EJ Insight2019-10-17
... used the reserve requirement ratio for banks instead of sweeping interest rate cuts. Chinese central bank governor Yi Gang said late in September there was no urgent need to implement large interest ...More
EJ Insight2019-10-15
... nt of the reserve would require a two-thirds supermajority. The group elected five people to serve on the board, including Facebook’s David Marcus as well as representatives from PayU, venture firm An ...More
EJ Insight2019-10-15
... after the Reserve Bank of Australia (RBA) said those funding costs have dropped. The RBA has cut the official cash rate by 0.25 percent three times so far this year to a record low of 0.75 percent in ...More
EJ Insight2019-10-14
... S Federal Reserve Chairman Jerome Powell suggested the project could not advance before addressing serious privacy, money laundering, consumer protection and financial stability concerns that must be ...More
EJ Insight2019-10-14
The US Federal Reserve on Thursday unveiled a final package of rules easing capital and liquidity requirements for domestic US and foreign banks that were originally introduced following the 2007-2009 ...More
EJ Insight2019-10-11
Most Federal Reserve policymakers supported the need for an interest rate cut in September, but they remained divided on the path ahead for monetary policy, Reuters reports, citing the minutes of the ...More
EJ Insight2019-10-10
... S Federal Reserve to promise to lend at least US$75 billion each day until Oct. 10 to relieve the pressure. Analysts and bank rivals said big changes JPMorgan made in its balance sheet played a role i ...More
EJ Insight2019-10-02
... e world’s reserve currency, institutions such as the World Trade Organization and the International Monetary Fund and the United States acting as the world’s enforcer. Against that backdrop, the globa ...More
EJ Insight2019-09-30
... cked by a reserve of real-world assets, including bank deposits and short-term government securities, and overseen by the 28-member association. The structure is intended to foster trust and stabilize ...More
EJ Insight2019-09-30
... tions and reserve the right to take further action. More staff patrols will also be conducted. – Contact us at [email protected] TL/JC/CG ...More
EJ Insight2019-09-26
