Central Banks

Harvard economics professor Matthew Ferranti has created a bit of a stir with a new research paper where he advises central banks to buy Bitcoin (CRYPTO: BTC) What Happened: According to Ferranti's research, it makes sense for many central banks to hold a small amount of Bitcoin under...

The United Nations Conference on Trade and Development is calling on central banks in major economies to reverse course on raising interest rates, stating that it is leading the world into a global recession and prolonged stagnation. UNCTAD projects that world economic growth will slow to...

Federal Reserve Governor Lael Brainard believes that the need for a central bank digital currency in the U.S. is imminent. What Happened: According to a report from Reuters, the Federal Reserve Governor was particularly concerned about the U.S. lagging behind while other countries such as...

Chinese e-commerce giant and Alibaba Group Holding Ltd (NYSE: BABA) competitor JD.com, Inc. (NASDAQ: JD) will become China's first platform to begin accepting a digital version of the country's currency, according to Reuters. What Happened: Reuters reported that the company will accept...

Technology executives are worried about cybersecurity, as are bank executives. Now, central banks are expressing concern as well.   Multiple reports over the past few weeks suggest that the central bankers are beginning to step into the fray on the issue, and are considering ways that the...

Blockchain technology may well be the most transformative technology in a generation. And as the potential use cases have become mapped out, financial firms around the world have spent the past few years investigating how the technology can disrupt banking.  Banks playing around with...

Global equities ended 2018 down by 13 percent and have rebounded around 11 percent, implying that the market environment is different today than it was at the end of last year, BlackRock, Inc. (NYSE: BLK) CEO Larry Fink said on CNBC's "Squawk Box" segment Tuesday after the...

Gold and the related exchange traded funds were challenged last year by the strong dollar and rising U.S. interest rates, but that did not prevent some buyers from stepping up bullion purchases. New data from the World Gold Council shows global gold demand increased by 4 percent last year. What...

The stock market's bull run is showing no signs of slowing down as the Dow Jones Industrial Average and S&P 500 index are on a seven-month winning streak. And there is a valid reason for this rally to continue, according to CNBC's Jim Cramer. Immediately after the 2008 financial crisis, many...

The Chinese central bank said over the weekend that it would be open to changing its monetary policy in the coming months, Bloomberg reported. China's central bank, the People's Bank of China, is unique from its international peers in the sense that it doesn't operate on a fixed schedule for policy...

Sorry investors, but results of a poll of 30 finance professionals across four continents aren't supportive of the continued bull run. According to a Bloomberg survey, the bull stock market run has just more than one year left and will end late next year when U.S. credit will enter its first bear...

Who will take the blame for a global recession? The answer, at least according to famed bond investor Bill Gross is central banks across the world. Gross, head of the $2.1 billion Janus Henderson Global Unconstrained Bond Fund, said in a letter to investors that central banks across the world have...

Canada's Prime Minister Justin Trudeau promised middle class Canadians and those working hard to move up the economic ladder "sunny ways" during the 2015 election campaign. But a recent move by the Bank of Canada to boost interest rates for the first time in years may serve as a...