... asking if central banks' doctrine of "inflation targeting" will suffer the same fate as monetarism in the 1980s, when policymakers obsessed over the supply of money. As with inflation today, central b ...More
EJ Insight2017-12-15
... her major central banks have either held back hiking rates, moved very slowly, or even continued pumping money into the system. As I’ve noted in my previous article, the global economy will maintain a ...More
EJ Insight2017-12-15
... de facto central bank followed the Federal Reserve’s decision to raise interest rates by a quarter of a percentage point in the third hike this year. Hong Kong tracks the Fed's rate moves because its ...More
EJ Insight2017-12-14
... or the US central bank to raise rates by a quarter of a percentage point to a range of 1.25 percent to 1.50 percent. It was the third rate hike this year. But the Fed’s forecast of three additional ra ...More
EJ Insight2017-12-14
... in Town: Central Banks，Instability，and Avoiding the Ne ...全文
今日信報理財投資博集先機Mohamed A. El-Erian2017年12月14日
... ce of the central government. Democratic Party lawmaker James To Kun-sun criticized Leung for aiming to force through the proposed changes, saying additional meetings should not be held recklessly. Ca ...More
EJ Insight2017-12-12
... gladesh’s central bank had thwarted many of those attempts. Group-IB has dubbed the hacker group “MoneyTaker” after the name of software it used to hijack payment orders to then cash out funds throug ...More
EJ Insight2017-12-12
... hile, the central government has also enforced stronger regulations on Public-Private Partnership (PPP) projects, including the unusual suspension of subway construction in cities like Baotou and Hohh ...More
EJ Insight2017-12-11
Bitcoin’s spectacular gains look like a speculative bubble and the cryptocurrency is too unstable to be useful in the future, Bloomberg reports, citing New Zealand’s central banker. “It looks remarkab ...More
EJ Insight2017-12-11
... Japanese central banks are still pumping more liquidity into the market, while the US has tightened monetary policy but only at a gradual pace. Global economic growth is thus likely to sustain an ide ...More
EJ Insight2017-12-08
... ubject to central bank manipulation. The supply of bitcoin will eventually be capped at 21 million, and some 16.7 million have already been released. But critics say that the price run-up is a bubble ...More
EJ Insight2017-12-08
... ising the central bank and three financial regulatory agencies, and an increase in staff for the banking watchdog, according to Reuters. Since the IMF’s last assessment of the Chinese financial sector ...More
EJ Insight2017-12-07
... nt of the Central Clearing and Settlement System and does not trust financial institutions like banks, which may charge him a hefty annual fee for safeguarding the paper. Two years ago, Gao was part o ...More
EJ Insight2017-12-06
... he Shatin-Central Link (SCL), a new commuter rail link being put up by MTR Corp, has ballooned to HK$87.3 billion, making it the most expensive rail line ever in Hong Kong history. The revised price t ...More
EJ Insight2017-12-06
... ad of the central government’s Liaison Office in Hong Kong, Wang Zhenmin, likened the relationship between the country's constitution and Hong Kong's Basic Law to that of a "mother and son". Wang also ...More
EJ Insight2017-12-06
Chinese authorities were right to rein in cryptocurrencies, said Pan Gong-sheng, deputy governor of the People’s Bank of China. China was once the dominant region for bitcoin trading in the world befo ...More
EJ Insight2017-12-05
... with the central government’s comprehensive jurisdiction since Hong Kong returned to China.” Basic Law Committee member Professor Albert Chen Hung-yee of the faculty of law at the University of Hong ...More
EJ Insight2017-12-05
... ere is no central entity managing the game, and there is no central database to store all the in-game items. Each cat has a unique identity that is logged on the Ethereum blockchain, which is decentra ...More
EJ Insight2017-12-05
... lonies in central Africa. During the World War II, the Chadians contributed a lot to Free France led by General Charles de Gaulle in its war effort against the Nazis. Chad, which gained independence i ...More
EJ Insight2017-12-05
