The Federal Reserve held interest rates steady and expressed confidence that inflation is moving closer to its target, leaving it on track to raise borrowing costs in June, Reuters reports. The upgrad ...More
EJ Insight2018-05-03
... llar as a reserve currency, the United States must run persistent current-account deficits with the rest of the world. Last year, that deficit reached US$474 billion, or 2.4 percent of US GDP. To be s ...More
EJ Insight2018-04-30
... S Federal Reserve rate cycle despite the domestic financial reforms made to date. No sooner had the conference finished than the PBOC announced that it would cut the reserve ratio requirement (RRR) fo ...More
EJ Insight2018-04-24
... r Federal Reserve Governor Kevin Warsh also invested in the company. The new token is built on the ethereum blockchain and has a built-in mechanism that controls its own supply to keep the price stabl ...More
EJ Insight2018-04-19
Robust business borrowing, rising consumer spending, and tight labor markets indicate the US economy remains on track for continued growth, the Federal Reserve said, with the risks of a global trade w ...More
EJ Insight2018-04-19
... y Federal Reserve economists – provide an indication of where we are. The US Treasury report examined whether to replace the 2010 Dodd-Frank Act’s regulator-led process for resolving failed mega-banks ...More
EJ Insight2018-04-18
... erson can reserve a private room to talk to a relationship manager via video. "You are looking at the future,” said Liang. "This will be the trend of the future – branches without staff. For myself, I ...More
EJ Insight2018-04-17
... S Federal Reserve has hiked rates six times since 2015, while the Hong Kong market rate has remained unchanged due to ample market liquidity. The current three-month LIBOR and HIBOR have exceeded 1 pe ...More
EJ Insight2018-04-17
... o much to reserve 80 percent of tickets to events at the government venues for sponsors' consignment or for priority booking, Lau promised to study the feasibility of lowering the ratio. Commenting on ...More
EJ Insight2018-04-12
US Federal Reserve officials all agreed that the world's largest economy would firm further and that inflation would rise in the coming months, minutes of the central bank's last policy meeting showed ...More
EJ Insight2018-04-12
The US Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic shock, Reuters reports. The ...More
EJ Insight2018-04-11
... e Federal Reserve started raising interest rate in December 2015. The Fed has introduced five rate hikes so far, and the Fed fund rate has risen to 1.25 to 1.5 percent at present. The market is expect ...More
EJ Insight2018-04-09
... S Federal Reserve. Inflation should only rise slowly and there is little evidence of accelerating wages. Moreover, in the first quarter, inflation was boosted by a 22 percent year-over-year rise in oi ...More
EJ Insight2018-04-06
... its land reserve last year came from acquisitions, which typically cost less than buying from auctions. Despite the perfect record in its core business, Sunac stumbled badly on one deal – the acquisi ...More
EJ Insight2018-04-03
... needs to reserve some of the profit for the purchase of new trains as well as repair and maintenance expenses. Still, Democratic Party lawmaker Lam Cheuk-ting, who is the deputy chairman of the Legis ...More
EJ Insight2018-03-28
The US Federal Reserve raised interest rates and forecast at least two more hikes for 2018, highlighting its growing confidence that tax cuts and government spending will boost the economy and inflati ...More
EJ Insight2018-03-22
... S Federal Reserve starting on Tuesday. The market believes the Fed is set to raise interest rates on Wednesday as Thomson Reuters data shows traders expect a quarter-percentage-point hike to be a cert ...More
EJ Insight2018-03-20
