News list for "Bank"
On January 24, Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets, posted on social media: "As we learn of the severity and injustice of Chokepoint 2.0, I will work closely with FDIC Vice Chairperson Travis Hill to end this attack on digital assets."
Eurozone banks need a digital euro in response to U.S. President Donald Trump's efforts to promote a stablecoin, a cryptocurrency usually pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday. That would help lure more customers away from banks and strengthen the case for the ECB to launch its own digital currency.
Notice of the People's Bank of China on the Public Solicitation of Comments on the Administrative Measures for Reporting Cyber Security Incidents in the Business Field of the People's Bank of China (exposure draft).
Bank of Japan Governor Kazuo Ueda: If our expectations for the economic and price outlook are realized, we will continue to adjust the intensity of easing policy.
Bank of Japan Governor Kazuo Ueda: The timing and extent of interest rate hikes will further depend on economic, financial, and price conditions.
Morgan Stanley CEO Ted Pick revealed that the bank is working with the US Treasury and other regulators to explore offering cryptocurrency trading services. Regarding phenomena such as TRUMP coins in the market, Pick said that this reflects the different ways in which market liquidity manifests, and the broader question is whether these have matured and whether crypto assets have reached "escape velocity". Pick emphasizes that time is the best friend, and the longer a trade lasts, the more likel...
On January 24th, the Bank of Japan raised its target interest rate from 0.25% to 0.50% if it expected to raise interest rates by 25 basis points. The rate hike was the largest since 2007, and interest rates rose to a new high since October 2008. After restarting interest rate hikes in March last year, the Bank of Japan has raised interest rates three times in less than 12 months.
On January 24th, the Bank of Japan made an interest rate decision by 8 votes to 1, and the Bank of Japan's deliberator, Toyoaki Nakamura, disagreed with the decision to raise interest rates.
The Bank of Japan will continue to raise policy rates if the economy and prices move as expected.
Japan's central bank target interest rate is 0.5% until January 24, expected to be 0.50%, and the previous value is 0.25%.
After the announcement of the Bank of Japan's decision, the dollar/yen USD/JPY fluctuated in the short term, with a short-term volatility of 30 points, currently trading at 156.03.
Bank of Japan: After raising interest rates on Friday, monetary policy conditions are likely to remain accommodative.
The Bank of Japan has comprehensively raised its inflation forecast for fiscal year 2024 to 2026 and lowered its economic growth forecast for fiscal year 2024
Bank of Japan: Risks to the inflation outlook for fiscal 2024 and 2025 are tilted upward.
The Bank of Japan voted 8-1 to raise interest rates for the third time, saying real interest rates remain negative and will continue to rise as needed. Click to view...
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