Global Central Bankers

Stock Market India: Equity benchmarks fell sharply on Thursday, snapping a two-session winning streak as investors waited to hear the latest reaction of the world's top central bankers to soaring inflation on Friday.

Global central bankers are now stumbling through the aftermath as they try to quell an inflation surge none predicted or have been able to forestall.

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday.

Finance ministers and central bankers from the world's largest economies meeting in Argentina said heightened trade and geopolitical tensions pose an increased risk to global growth and have called for greater dialogue, according to a draft communique from the meeting.

The rise of Donald Trump, the vote by Britain to leave the European Union and the spread of opposition to globalisation have worried central bankers and many mainstream economists who feel that the problems associated with globalisation have overshadowed the benefits and morphed into broad opposition to it.

Fed officials have not yet caved on inflation even though pricing in financial markets has shifted expectations of the next rate hike back to the middle of 2018 versus Fed forecasts of another increase this year.

European stocks saw their biggest fall in three weeks on Thursday and currency markets were noticeably subdued as investors took to sidelines ahead of one of the big global central banker gatherings of the year.

Asian stocks edged higher but clung to recent well-worn trading ranges while the greenback held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting.

The Federal Reserve can be patient on raising interest rates due to low inflation and uncertainties over U.S. economic prospects, including Britain's vote to leave the European Union, an influential U.S. central banker said on Tuesday.

In few countries would a central banker's decision to step down at the end of his term be cause for national and even global anxiety. Raghuram Rajan is no ordinary central banker, however, and his just-announced departure demands an extraordinary response from India's government.

Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back because of legal risks, Iranian officials and foreign bankers say.

Proposing 'traffic signal' like checks on central bankers, RBI Governor Raghuram Rajan on Tuesday asked them to shun monetary policies that can negatively impact other economies, saying even India can follow the same rules in about a decade.

Central bankers usually worry about when to remove the punch bowl of cheap finance but when they gather in Washington, D.C. this week they will face a different problem: how to force the world to drink.

BlackRock Inc chief executive officer Larry Fink said on Friday that China may be the biggest hurdle to global financial markets and that central bankers are adding to risks with negative-interest rate policies.

RBI Governor Raghuram Rajan has been felicitated with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by the Financial Times Group's monthly publication 'The Banker'.

Stock Market India: Equity benchmarks fell sharply on Thursday, snapping a two-session winning streak as investors waited to hear the latest reaction of the world's top central bankers to soaring inflation on Friday.

Global central bankers are now stumbling through the aftermath as they try to quell an inflation surge none predicted or have been able to forestall.

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday.

Finance ministers and central bankers from the world's largest economies meeting in Argentina said heightened trade and geopolitical tensions pose an increased risk to global growth and have called for greater dialogue, according to a draft communique from the meeting.

The rise of Donald Trump, the vote by Britain to leave the European Union and the spread of opposition to globalisation have worried central bankers and many mainstream economists who feel that the problems associated with globalisation have overshadowed the benefits and morphed into broad opposition to it.

Fed officials have not yet caved on inflation even though pricing in financial markets has shifted expectations of the next rate hike back to the middle of 2018 versus Fed forecasts of another increase this year.

European stocks saw their biggest fall in three weeks on Thursday and currency markets were noticeably subdued as investors took to sidelines ahead of one of the big global central banker gatherings of the year.

Asian stocks edged higher but clung to recent well-worn trading ranges while the greenback held firm against regional currencies ahead of a speech by Federal Reserve Chair Janet Yellen at a global central bankers' meeting.

The Federal Reserve can be patient on raising interest rates due to low inflation and uncertainties over U.S. economic prospects, including Britain's vote to leave the European Union, an influential U.S. central banker said on Tuesday.

In few countries would a central banker's decision to step down at the end of his term be cause for national and even global anxiety. Raghuram Rajan is no ordinary central banker, however, and his just-announced departure demands an extraordinary response from India's government.

Iran is gradually restoring banking links with the rest of the world by forging ties with smaller foreign institutions, even though large global banks are still holding back because of legal risks, Iranian officials and foreign bankers say.

Proposing 'traffic signal' like checks on central bankers, RBI Governor Raghuram Rajan on Tuesday asked them to shun monetary policies that can negatively impact other economies, saying even India can follow the same rules in about a decade.

Central bankers usually worry about when to remove the punch bowl of cheap finance but when they gather in Washington, D.C. this week they will face a different problem: how to force the world to drink.

BlackRock Inc chief executive officer Larry Fink said on Friday that China may be the biggest hurdle to global financial markets and that central bankers are adding to risks with negative-interest rate policies.

RBI Governor Raghuram Rajan has been felicitated with the Central Banker of the Year Award (Global and Asia Pacific) for 2016 by the Financial Times Group's monthly publication 'The Banker'.