... e Federal Reserve System trained to work on financial issues would be enticed with offers exceeding what their boss’s boss was earning. There will be similar problems staffing tech regulatory offices ...More
EJ Insight2019-04-02
... t caps in reserve despite proposals last year from the top four accounting firms to help challengers get the experience to audit bigger customers. The government should also examine if special safegua ...More
EJ Insight2019-04-02
The US Federal Reserve board announced on Monday that it will hold an open meeting on April 8 to discuss proposed changes to rules for foreign banks and resolution plans submitted by domestic and fore ...More
EJ Insight2019-04-02
... S Federal Reserve imposed an unprecedented asset cap on Wells Fargo, barring it from growing its balance sheet until it improved risk management controls. Wells Fargo has said it expects to operate un ...More
EJ Insight2019-03-29
The United States' Federal Reserve has said it will ease the reduction of its balance sheet – lowering the monthly cap to US$15 billion in May from US$30 billion at present – and halt the drawdown alt ...More
EJ Insight2019-03-25
... g them to reserve the most profitable space on these pages for Google’s adverts, and a requirement to seek written approval from Google before making changes to how rival adverts were displayed. The A ...More
EJ Insight2019-03-21
The US Federal Reserve on Wednesday brought its three-year drive to tighten monetary policy to an abrupt end, abandoning projections for any interest rate hikes this year amid signs of an economic slo ...More
EJ Insight2019-03-21
The US Federal Reserve surprised markets recently with a large and unexpected policy change. When the Federal Open Market Committee (FOMC) met in December 2018, it hiked the Fed’s policy rate to 2.25- ...More
EJ Insight2019-03-19
China can use reserve requirements and interest rates to support economic growth, Premier Li Keqiang said on Friday, promising broad policy steps to prevent a sharper slowdown for the world’s second-b ...More
EJ Insight2019-03-15
... ut banks’ reserve requirements five times over the last year, most recently in January, and more reductions are expected from the coming quarter to free up more funds for lending. Regulators have orde ...More
EJ Insight2019-03-14
... S Federal Reserve Board hiked rates 17 times, raising its policy rate from 1 percent to 5.25 percent. Between 2005 and 2008, the European Central Bank raised rates from 2 percent to 4.25 percent. This ...More
EJ Insight2019-03-13
... e Federal Reserve has taken a more dovish stance, the market has moderated its expectation for further rate increases. In fact, as of this writing, the market is only pricing in a 10 percent probabili ...More
EJ Insight2019-03-13
... oC to cut reserve requirement ratios (RRRs), although the amount of room is less compared with a few years ago, Yi said. The PBoC has cut the amount of cash that commercial banks need to set aside as ...More
EJ Insight2019-03-11
... S Federal Reserve and other central banks around the world are also holding back on rate hikes. It underlined how a global trade war, Brexit uncertainty and simmering debt concerns in Italy are taking ...More
EJ Insight2019-03-08
... S Federal Reserve introduced a money-printing program called quantitative easing (QE). After several years of monetary stimulus, the US economy started to recover and the unemployment rate began to fa ...More
EJ Insight2019-03-06
... r Federal Reserve chairwoman Janet Yellen is coming to Hong Kong this month to speak at the Credit Suisse Asian Investment Conference. The ex-central bank chief, who is currently a Distinguished Fell ...More
EJ Insight2019-03-05
... ts in the reserve requirement ratio for smaller and medium-sized banks with an aim to boost lending to small companies by large banks by more than 30 percent, Li said. Addressing one of the biggest ch ...More
EJ Insight2019-03-05
... e Federal Reserve changed its tone on the number of rate hikes, the ECB announced that it would be much more accommodative and the central bank of China introduced the largest injection of liquidity i ...More
EJ Insight2019-03-05
