-
By Liz Capo McCormick and Neal Armstrong, Bloomberg |
June 14, 2013
The yen strengthened against most of its 16 major counterparts after minutes from the Bank of Japan’s latest meeting showed one policy maker advocated restricting stimulus to a two-year period.
-
By Austin Kiddle |
May 3, 2013
According to a local Hong Kong newspaper, the largest fall in gold prices in 30 years prompted the Mainland Chinese tourists to buy about 60 tonnes of gold in Hong Kong during the three-day Labor Day holiday.
-
By Caroline Salas Gage and Joshua Zumbrun, Bloomberg |
February 27, 2013
Federal Reserve Chairman Ben S. Bernanke said the central bank may decide to hold bonds on its $3.1 trillion balance sheet to maturity as part of a review of its strategy for an exit from record monetary easing.
-
By Justin Pugsley |
February 19, 2013
Currency wars are alive and well and despite G-20 agreements not to engage in competitive devaluations, there is in fact little appetite among the perpetrators to call it a day.
-
By James G. Neuger, Bloomberg |
January 22, 2013
Ireland and Portugal could draw on a European Central Bank bond-buying program to help them become the first countries in the three-year debt crisis to be weaned off official aid.
-
By Ari Altstedter, Bloomberg |
January 16, 2013
The Canadian dollar fell against most of its major peers as government officials in Russia and Japan criticized monetary policies that have devalued major currencies in an attempt to spark economic growth.
-
By Scott Hamilton and Svenja O’Donnell, Bloomberg |
November 26, 2012
Bank of Canada Governor Mark Carney was unexpectedly appointed as the next head of the Bank of England, succeeding Mervyn King.
-
By Jennifer Ryan and Scott Hamilton, Bloomberg |
October 4, 2012
Bank of England officials voted to complete their latest round of stimulus amid intensifying dissent on inflation risks that threatens to cause a rift on future aid for the economy.
-
By Caroline Salas Gage |
August 9, 2012
It was ultimately up to the British to deal with the manipulation of Libor, as only three of the 18 banks that set the London interbank offered rate are based in the U.S.
-
By Joshua Zumbrun and Jeff Kearns, Bloomberg |
April 24, 2012
The Federal Reserve tried to bring more clarity to policy making in January by releasing Fed officials’ forecasts for interest rates. Instead, it may be creating confusion.