The International Monetary Fund's designation of the renminbi as its fifth reserve currency will be either worth more than US$1 trillion in fund inflows or little more than symbolic, depending on how ...More
EJ Insight2015-11-13
More Federal Reserve officials appear to support a December increase in interest rates. "I see the risks right now of moving too quickly versus moving too slowly as nearly balanced," Reuters quoted Ne ...More
EJ Insight2015-11-13
It’s widely expected that the US Federal Reserve will hike interest rates next month. The Fed funds rate shows that the chance of a rate hike before year-end soared to nearly 70 percent recently from ...More
EJ Insight2015-11-12
... S Federal Reserve chairwoman Janet Yellen and her deputy, Stanley Fisher, who recently held out the possibility of an increase next month. Nevertheless, US employment suffers from structural decelerat ...More
EJ Insight2015-11-12
... S Federal Reserve raises interest rates. We will have more clues about whether the economy will stabilize in the fourth quarter and the central bank’s next move after fixed investment and retail sales ...More
EJ Insight2015-11-11
... lenders' reserve requirement ratio and benchmark interest rates before the end of this year. Over 50 percent of enterprises expect a downtrend in the currency's value in the coming 12 months, accordi ...More
EJ Insight2015-11-10
... f foreign reserves. And what was true of China was also true of other emerging-market countries receiving capital inflows. These countries’ foreign reserves, mainly held in US securities, topped US$8 ...More
EJ Insight2015-11-10
... t all its reserve money and that it hopes people will make more donations to help the organization continue its work. – Contact us at [email protected] BT/JP/RC ...More
EJ Insight2015-11-09
... S Federal Reserve follows through on raising interest rates at the end of this year, as has been suggested, the global economy – and especially emerging markets – could be in serious trouble. Global d ...More
EJ Insight2015-11-09
... k as bank reserve deposits. Further reductions in interest rates and reserve requirement ratios will boost liquidity and help companies lower their cost of borrowings and loan servicing. As for stock ...More
EJ Insight2015-11-07
... cial bank reserve requirement ratios. But those initiatives alone won't be enough. Authorities need to push ahead with more structural reforms in the economy to ensure long-term sustainable growth. T ...More
EJ Insight2015-11-07
... ate cuts, reserve requirement ratio reductions and its own version of quantitative easing. The People’s Bank of China announced a double-barreled easing on Oct. 23. It’s the sixth rate cut and fifth R ...More
EJ Insight2015-11-07
... of global reserve assets within six years, given an initial weighting of 10-15 percent in the basket, Société Générale estimated. That is equivalent to US$540 billion-US$810 billion. Nevertheless, Be ...More
EJ Insight2015-11-06
An ex-Goldman Sachs Group employee has pleaded guilty to illegally obtaining confidential information from a former colleague at the Federal Reserve Bank of New York. Rohit Bansal, a former associate ...More
EJ Insight2015-11-06
The US Federal Reserve suggested that interest rates will be kept at the present level at the moment, but most investors believe the "liftoff" will happen in the first quarter of next year. This week, ...More
EJ Insight2015-11-05
US Federal Reserve Chairwoman Janet Yellen hinted at an interest rate action next month, saying Wednesday that a December liftoff is "live possibility" if the economy remains on track. Appearing befor ...More
EJ Insight2015-11-05
... S Federal Reserve begins a tightening cycle. Analysts at Barclays Plc have said that Hong Kong's property market could soon enter a long adjustment period as price levels have already peaked. The bank ...More
EJ Insight2015-11-04
US Republican presidential candidate Donald Trump has accused the Federal Reserve of keeping interest rates low at the behest of Barack Obama, the current occupant of the White House. Speaking at a ne ...More
EJ Insight2015-11-04
... ng to the reserve requirement ratio for banks. The manufacturing PMI was 49.8 in October, the same pace as in previous month and lagging market expectations of 50, National Bureau of Statistics figure ...More
EJ Insight2015-11-02
... nd banks’ reserve requirement ratio. The market consensus is that the central bank will continue to lower interest rates, leading to higher bond prices. Meanwhie, capital flow to the bond market has b ...More
EJ Insight2015-10-31