Euro is back on the scene for global central banks
Once hurt by crises and deflation, the euro is gaining popularity among central bank reserve managers thanks to a return to positive rates and geopolitics challenging king dollar’s appeal. Roughly…
Markets outpace central banks as rate cut bets fuel ‘everything rally’
Markets have raced ahead of the US, euro zone and UK central banks to price in sizeable and frenetic interest rate cuts next year, fueling a so-called everything rally that…
Middle East throws central banks yet more unknowns
After months playing catch-up with inflation, central bankers were starting to believe they have finally pegged interest rates at just about the right level to keep a lid on prices…
Global dollar crunch appears over as central banks rely less on Fed backstop
A global crunch for US dollars that was a hallmark of the early moments of the coronavirus crisis appears to have passed, the latest milestone in a remarkable turnaround in…
Central banks hint at pandemic stimulus exit, markets aren’t buying it
As strict coronavirus lockdowns end, some central bankers have started hinting at another kind of exit — from emergency stimulus they launched just three months ago. Markets so far appear…
“Don’t do it” studies flash sub-zero rate warnings to central banks
Six years after the ECB cut interest rates below 0%, behavioural finance gurus have a message for other central banks thinking about taking the plunge: don’t. Rates in the United…
Central banks flexing their green muscle for climate fight
Central bankers fighting to save the global economy from the coronavirus fallout are preparing to deploy their firepower in another unprecedented battle - against climate change. The wildfires, floods and…
Bond vigilantes’ relaxed on record-high debt as central banks rule
An explosion in crisis borrowing around the world has not yet given so-called “bond vigilantes” sleepless nights or spurred them to pick fights with all-powerful central banks. Global indebtedness, as…
As Fed taper looms, global central banks eye their own exits from stimulus
Haunted by memories of past US interest rate hikes, the world’s central banks are laying the groundwork for a transition to life with less global stimulus, with many countries already…
The housing boom, central banks and the inflation conundrum
A multi-year boom in global house prices which even a pandemic has failed to halt is forcing central banks around the world to confront a knotty question - what, if…
