Page 4 - Global Central Banks

Ultra-low interest rates to stay: A 2021 guide for global central banks

China, India, Russia and Mexico are among those predicted to cut their benchmarks even further. Only Argentina and Nigeria are forecast to raise rates

Fed extends pandemic-related dollar 'swap' lines for 9 other central banks

The ability to trade foreign currency for dollars at the US central bank is permanently available to the European Central Bank and a handful of other major central banks

US Fed joins international group of central banks in climate change fight

The US Federal Reserve has joined an international group of central banks focused on climate change risk, a signal that it could move to incorporate the impacts of global warming into regulatory writ

A vaccine won't derail the easy money train

Vaccine breakthroughs are great. But the vaccine itself has to be distributed and have a demonstrable effect on activity for central banks to be convinced it's time to consider letting up

Markets log double-digit gains in Samvat 2076 amid high volatility

Late surge improves return scorecard; Indices see wildest swing in 11 years

World's central banks are now begging govts to power economic rebound

Without aggressive fiscal stimulus now, economies may develop deep scars that hobble growth over the longer term. That could then leave central banks unable to prepare for the next shock or recession

Best of BS Opinion: RBI's GDP projection, progressive farm Bills, and more

Here's a selection of Business Standard opinion pieces for the day

West's central banks are undergoing a profound shift. RBI must not follow

Starting with the Fed, the West's central bankers are descending into a dangerous spiral of overconfidence. RBI has no such room for error

India in the world of (near) free money

The stance of the large central banks and recent changes in the policy framework mean that the cost of money in the global financial system would remain low in the foreseeable future

RBI's payout unlikely to plug the huge govt revenue hole created by Covid

Last year the RBI's board approved a record payment of Rs 1.76 trillion ($23.5 billion) to the government, which included Rs 1.23 trillion as dividend and Rs 526.4 billion from its surplus capital

Will US cut off China's access to US dollar system? Fear grips Beijing

Under this payment system, the White House can order US banks to stop processing transactions with certain individuals, institutions and countries, thus, denying them access to the US dollar payments

Markets have factored in the worst-ever quarterly numbers: Sunil Singhania

Global central banks have used the balance-sheet expansion mode to tide over the near-term economic stress because of the Covid-19 pandemic

US Federal Reserve's balance sheet shrinks for first time since February

The Fed's balance sheet fell to $7.14 trillion on June 17 from $7.22 trillion a week earlier

Coronavirus outbreak to leave a legacy of unprecedented global debt

Central banks and govts worldwide have unleashed at least $15 trillion of stimulus via bond-buying and budget spending to cushion the blow of a global recession tipped to be the worst since the 1930s.

Boosting resilience against the 4 Cs

The uncertainty is sufficiently large that RBI was dissuaded from releasing projections of growth and inflation for FY21

Dow Jones, S&P 500 climb 2% as Fed, other policymakers take further steps

The Federal Reserve opened swap lines with central banks in nine new countries to ensure the world's dollar-dependent financial system continued to function

US Fed cuts rates, central banks coordinate to cushion coronavirus blow

The Bank of Japan just said it will hold an emergency meeting Monday, instead of the March 18-19 scheduled one

Follow the Fed? Why central banks won't be rushed on virus response

While the coronavirus outbreak is already disrupting global supply chains, slowing industrial activity, grounding flights and hitting financial markets, central banks have more reason to hold out.

The central 'enemy'

Tweetstorm has become a new way for governments to express disappointment with central banks

Why this August was a particularly bad month for emerging-market investors

Argentina imploded. Beijing let the yuan slip to the lowest in at least a decade. Global central banks signaled they're spooked about slowing growth by rushing to cut rates