Fed Withdraws From Central Bank Climate Group
The Federal Reserve is withdrawing from an environmental group for global central bankers. The Fed joined the group, the Network of Central Banks and Supervisors for Greening the Financial System, in
US central bank's reserves still abundant in early January, NY Fed says
The U.S. central bank faces no imminent pressure to stop the contraction of its holdings of Treasury bonds and mortgage-backed securities, data released by the New York Federal Reserve suggested on Thursday.
Federal Reserve Withdraws From Global Climate Coalition
The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that was launched in 2017.
Fed pulls out of global climate change group
The Federal Reserve said on Friday that it will quit a group dedicated to addressing the risk climate change poses to the global financial system. Why it matters: The Fed's exit from the coalition suggests a huge pivot underway relative to years past.
Federal Reserve withdraws from global regulatory climate change group
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.
Fed pulls out of international climate policy group
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozen
Russia's central bank hiked rates to 21% late last year in a bid to cool soaring inflation.
Mark Carney, the 'unreliable boyfriend' who ran UK's central bank
The former Bank of England boss, Mark Carney, is now running for the Liberal leadership in his native Canada. What does his ...
Indian central bank likely selling dollars to support rupee, traders say
The Indian central bank was likely selling dollars via state-run banks to support the rupee on Thursday, as the currency ...
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
The unexpected action is intended to tamp down a potential bubble in the bond market fueled by investors shunning riskier ...
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
U.S. senators questioning President-elect Donald Trump's nominee for Treasury Secretary, Scott Bessent, didn't spend much time on cryptocurrency ...
Indian central bank's daily liquidity infusion to aid money markets, traders say
Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo (VRR) auctions will ...
Bessent says U.S. doesn't need a central bank digital currency
Bessent said that he sees no reason for the U.S. to have a central bank digital currency. "In my mind, a central bank digital currency is for countries who have no other investment alternatives," ...
Central Bank Gold Statistics: November 2024
Assessing the final act of 2024, central banks around the world continued to play a leading role in the demand for gold.
Mauritius Arrests Former Central Bank Chief in Probe Over Fraud
Police in Mauritius have arrested the immediate former central bank governor for alleged conspiracy to defraud the nation, ...
One Weapon China Is Reluctant to Deploy Against Tariffs: A Weaker Currency
The last time Trump hit China with tariffs, Beijing devalued the yuan, blunting the impact. This time, Xi Jinping has ...