Winding down: US Fed chief says bank should cut asset purchases | Financial Market News

Federal Reserve Chairman Jerome Powell also added that the United States’ central bank was not yet ready to raise interest rates and would instead give the labor market ample time to recover and ease high inflation. Federal Reserve Chairman Jerome Powell said on Friday that the United States central bank should begin cutting its asset … Read more

US Fed Bans Officials From Buying Stocks After Ethics Scandal | Banks News

The scandal recently led to the departure of two regional presidents and reduced confidence in the US central bank. Through Scott LanmanBloomberg Published on 21 Oct 2021 The Federal Reserve will ban policymakers and other senior officials from buying individual stocks and bonds and will also curb active trading after an ethics scandal led to … Read more

US: Taliban have no access to reserves of Afghan central banks | Business and economic news

United States Deputy Treasury Secretary Wally Adeyemo said Tuesday that it is essential to maintain US sanctions against the Taliban. United States Deputy Treasury Secretary Wally Adeyemo said he sees no situation where the Taliban, who returned to power in Afghanistan in August, would gain access to Afghan central bank reserves, which are largely held … Read more

Fight for our money data: Schufa for sales abroad *** BILDplus content *** – Economy

Fight for our money data | Schufa for saleAbroad Photo: photo alliance / articles by: Peter Science published on 17-10-21 – 22:55 Nobody knows more about account balances and payment practices of the Germans than: Schufa! Anyone who wants a credit or cell phone plan is screened by Schufa query to see if they’ve paid … Read more

How do governments pay for COVID-19 debt? | Alan Kohler | ABC news

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Turkish lira falls out of favor with local investors again | Business and economic news

With the prospect of another rate cut looming after the departure of three key policymakers, fears are now that households and businesses will switch back to dollars and euros en masse. Through Tugce Ozsoy and Burhan YuksekkasBloomberg The Turkish lira is again falling out of favor with local investors and is threatening to trigger a … Read more

Turkey: Erdogan central bank resignation paves way for more rate cuts | Banks News

Turkish President Tayyip Erdogan fired three central bank policymakers on Thursday, two of whom opposed the latest rate cut, paving the way for more policy easing and sending the lira to a new low. Analysts viewed the move — announced at midnight in the Government Gazette — as further evidence of political interference by Erdogan, … Read more

ECB banker Kazimir accused of bribery | Business and economic news

Peter Kazimir, head of the Slovak central bank, has said the allegations against him are unfounded. Peter Kazimir, a member of the Governing Council of the European Central Bank, was accused of bribery in Slovakia, where politicians are mounting pressure to try and get him out. Kazimir, head of the country’s central bank, dismissed the … Read more

The IMF expresses “complete confidence” in the leadership of Kristalina Georgieva

Kristalina Georgieva, Managing Director of the International Monetary Fund, is speaking at a press conference on March 4, 2020 in Washington DC. Liu Ji | Xinhua | Getty Images The International Monetary Fund (IMF) has decided to retain Kristalina Georgieva as managing director, despite allegations that China influenced the report while at the World Bank. … Read more

Here’s what to do if your student’s debt is forgiven

seksan Mongkhonkhamsao | Moments | Getty Images This is a question that millions of Americans would love an opportunity to ask: What should I do after my student loan is canceled? The Biden administration has already given more than 450,000 borrowers reason to think about it, after waiving the debts of some disabled borrowers and … Read more