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MercoPress, en Español

Montevideo, April 20th 2024 - 15:45 UTC

Tag: Central Banks

  • Wednesday, March 29th 2023 - 10:53 UTC

    IMF: Central Banks must enhance transparency to build trust

    The reviews help central banks gauge their transparency and accountability, facilitating more effective communication and better-informed dialogue with lawmakers, investors, and individuals.

    By Tobias Adrian, Jihad Alwazir, Ashraf Khan and Dmytro – The Bank of Canada published a detailed summary of its Governing Council deliberations for the first time last month, joining nearly two dozen other central banks in regularly releasing detailed information on monetary policy decisions.

  • Monday, March 20th 2023 - 16:08 UTC

    It’s the Banking Regulations, Stupid

    Silicon Valley Bank had US$ 200 billion in assets, US$ 86 billion of which was in residential mortgage-backed securities that are not due for at least ten years

    By Antonio Floglia (*), LONDON – Rather than developing a robust understanding of the errors that led to the 2008 global financial crisis, politicians and the public demanded that supervisory authorities simply double down on regulation. So, that is what they did, and we are now seeing the results with the sudden collapse of Silicon Valley Bank.

  • Tuesday, November 1st 2022 - 10:00 UTC

    Central banks and stubborn inflation, to Hike, Early to Thrive?

    Amounts withdrawn were so large that the increase in spending was bound to produce inflation.

    By Andrés Velasco – Several central banks that began raising interests well before US and Euro-zone policymakers are still facing persistent inflation. But it was the right choice, because inflation was always likely to prove stubborn in today’s conditions, and waiting would have required even larger hikes later, with a heavier output cost.

  • Wednesday, June 30th 2010 - 05:10 UTC

    BIS recommends slashing budget deficits and rising borrowing costs

    BIS general manager Jaime Caruana

    Governments must slash budget deficits decisively and central banks should not wait too long to raise borrowing costs as side effects from measures prescribed to tackle the global recession may create the next crisis according to the Bank for International Settlements.