central bank

All roads led to Jackson Hole, Wyoming, this weekend, as central bankers, chief executives of banks, finance ministers, U.S. government representatives and academics all converged at this scenic location to air their views, both formally and informally, on various economic issues. This two-day...

According to the Wall Street Journal, Federal Reserve Chairwomen Janet Yellen said that the central bank will scrutinize all big banks following the Wells Fargo & Co (NYSE: WFC) scandal in which millions of phony bank accounts were created for clients without their knowledge or desire. Speaking...

The Bank of England on Thursday voted to maintain its 0.25 percent interest rate but hinted a further cut could occur before the end of the year. The Bank of England lowered its key interest rate on August 4 to 0.25 percent from 0.50 percent. The central bank noted at that time that economic...

Bridgewater is the world's largest hedge fund; so, when its former co-CEO and current chief investment officer believes radical change is coming to central bank policy, he thinks so for a reason. Greg Jensen, along with other high-level Bridgewater Associates executives wrote in a note to clients...

The Bank of Japan announced Friday morning it will increase its purchases of exchange-traded funds. The central bank also shied away from introducing new stimulus measures, maintained its key interest rate and also made no changes to the pace of other asset purchases, including Japanese government...

JPMorgan has upgraded HSBC Holdings plc (ADR) (NYSE: HSBC) to Neutral from Underweight due to its "defensive" nature post Brexit. The brokerage also downgraded many U.K. and European banks. Analyst Kian Abouhossein said following the U.K.'s decision to leave the EU, "We see spillover effect to the...

Now that Britain has officially voted to leave the eurozone, central banks are left to decide what (if anything) they will need to do to stabilize global markets. Several Wall Street analysts have already given their takes on the issue. Capital Economics believes the rhetoric about the dangers of a...

Ric Deverell of Credit Suisse said in a research note Friday the United Kingdom's voting outcome to leave the European Union represents "the most significant pull back to-date from the post WWII consensus of closer integration and open trade." However, the actual path forward is "not yet clear,"...

The Bank of Japan kept its interest rates unchanged in a surprise move, as market participants were widely expecting the central bank to introduce further stimulus measures. Following the decision to stand pat, the question investors are now asking is if the Bank of Japan has lost its...

Peter Praet, a member of the Executive Board of the European Central Bank delivered a speech on Monday in Rome, Italy. Praet's speech focused not so much on what tools the central bank will utilize to bring inflation "below, but close to, 2 percent", rather why the central bank is "so determined"...

Thursday marks the end of the first quarter of 2016, and it has certainly been eventful. The S&P 500 index is higher by around 1 percent since the start of the new year, while the Dow Jones index is higher by more than 1.50 percent. However, the NASDAQ Composite index is lower by nearly 3...

Members of the Federal Reserve have been talking inflation this week. The Fed sees inflation at 2 percent before the end of 2017, well above the public's estimates. Federal Reserve Bank of San Francisco President John Williams said earlier this week that inflation could rise faster than the...

Federal Reserve Chairman Janet Yellen said the central bank of the world's largest economy should exercise caution in proceeding with the monetary policy. "In particular, developments abroad imply that meeting our objectives for employment and inflation will likely require a somewhat lower path for...

The European Central Bank (ECB) stunned the market with three-pronged cut in interest rates and expansion of its bond-buying program. The ECB trimmed the interest rate on the main refinancing operations of the eurosystem by 5 basis points down to 0.00 percent. The interest rate on the marginal...

JPMorgan Chase & Co. (NYSE: JPM)'s JPMorgan Asset Management, the bank's mutual fund and exchange-traded funds unit, bolstered its ETF suite lineup earlier this month with the debut of its fifth ETF, the JPMorgan Diversified Return Europe Equity ETF (NYSE: JPEU). The ETF And Its Index The...