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Powell warns ending Fed interest on reserves would be 'volatile' and costly
Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Federal Reserve releases plan to relax key bank capital rule
The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.
Fed's Powell cautions against ending Fed power to pay interest on reserves
Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power to pay interest on cash that banks park ...
Legit.ng on MSN17h
See the list of 10 Nigerian banks to meet CBN N500bn capital requirement
About 10 Nigerian banks have been projected to meet, and even exceed, the CBN’s N500 billion minimum capital ...
Stablecoins Fall Short as Cornerstone of Monetary System, Central Banks Say
Crypto assets shouldn’t be the mainstay of the future monetary system, a group representing the world’s top central banks ...
Exclusive: Central banks eye gold, euro and yuan as dollar dominance wanes
The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, ...
Money & Macro on MSN1d
Do Central Banks Really Control Inflation – Or Is It All a Show?
Central banks like the Federal Reserve and the European Central Bank have spent the past two years aggressively raising ...