central banks

The Senior Minister is worried about prolonged expansionary policy and threats to emerging markets.

Smoothing the economic catastrophe generated by Covid-19 has led to intense discussions on whether the banking sector is an effective channel to inject financial oxygen into the economy.

According to experts, development banks play a key role in Covid-19 recovery and should increase lending to sustain the economy through this crisis.

Market pricing now implies a high degree of confidence that recession-like conditions will result across most major economies, but uncertainty remains over their depth and duration.

For a decade, the global economy has grown fast enough to avoid recession, but not fast enough to overheat. The boom/bust cycle has been conquered.

In the event of a cyclical downturn, says Riksbank Governor Stefan Ingves, stimulus will need to come from government spending and asset purchases by the central bank, given the limited effectiveness of negative interest rates.

(Aug 28): Asian governments are trickling out fiscal stimulus amid a deepening exports slump, bolstering central bank efforts to shore up their economies as the global mood darkens.

(Aug 7): It used to be that a buildup in foreign reserves was seen as a bulwark against currency shocks and swift turns in investor sentiment.

SINGAPORE (Aug 1): Investors across North America, Europe and Asia Pacific are showing a waning appetite for risk, according to State Street Corporation’s Investor Confidence Index (ICI) for July.

SINGAPORE (July 22): The global financial crisis that erupted in 2008 transformed the role of central bankers and the scale and scope of their policy toolkit. Today, financial stability is once again at the core of central banks’ missions, and interest