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Mon, Jul 26, 2021 08:08 PM All times are UTC Edition :

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Central Banking Series

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This series is dedicated to providing accurate and timely news about central banking, with a focus on monetary policy, financial stability and regulation for anyone looking to understand the policy of central banks and what central bankers think about the global economy.

Central Banking Series

RBA starts three-year countdown to lift in interest rates

Jul 06, 2021 08:55 am UTC| Economy Central Banks

In line with expectations, the Reserve Bank of Australia has announced it will keep official interest rates on hold at 0.10%. But is also ready to start tapering off its unconventional monetary policy measures...

Central Banking Series

It's not the Reserve Bank's job to worry about housing prices

Jun 12, 2021 07:15 am UTC| Economy Central Banks

Once again folks are pointing to the potential danger of Australias low interest rates. This week a poll of so-called market economists by ratings agency Fitch had only 12% of respondents in favour of the Reserve Bank...

Central Banking Series

BOK to prop up S. Korea's modest economic recovery

Mar 11, 2021 23:44 pm UTC| Economy

The Bank of Korea (BOK) will continue monetary easing to prop up an expected modest recovery in South Koreas economy. According to the BOK, it will pay close attention to household debts and financial imbalances as...

Negative Rates Series

Central Banking Series

The Reserve Bank could still go negative

Feb 02, 2021 13:10 pm UTC| Economy

Few people expected the Reserve Bank to adjust its cash rate at its first meeting of the year today, and for good reason. It has been saying loudly that it is not expecting to increase the cash rate for at least three...

Central Banking Series

Federal Reserve hopes years of zero rates will spur inflation – but there are risks

Sep 20, 2020 06:01 am UTC| Economy Central Banks

In a healthy economy, prices tend to go up a process called inflation. While you might not like that as a consumer, moderate price growth is a sign of a growing economy. And, historically at least, wages tend to go up...

FX Hedging Strategy Series

Central Banking Series

RBA Maintains Status Quo In Expansionary Mode Of Monetary Policy - Relative Values in Aussies Via Optionality

May 05, 2020 12:08 pm UTC| Research & Analysis Central Banks

The Reserve Bank of Australia (RBA) left its monetary policy unchanged this morning, but changed the rules for some collateral to assist with financing conditions on the capital markets. In its main scenario the RBA...

Central Banking Series

The Fed will have to do a lot more than cut rates to zero to stop Wall Street's coronavirus panic

Mar 17, 2020 01:38 am UTC| Economy Central Banks

The Federal Reserve is 0 for 2 in its fight against Wall Streets coronavirus panic, seeming to confirm perceptions of the central banks impotence. The Feds first attempt to calm thing down a half-point surprise rate...

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Economy

Top Notch Jerky issues recall on its beef jerky due to undeclared allergens

Top Notch Jerky issued a recall on its popular beef jerky products due to undeclared allergens and misbranding. According to ABC13 WBKO, the company is recalling around 107 pounds of ready-to-eat beef jerky. Top Notch...

Instant noodle export in South Korea reached new high record amid the pandemic

South Korea is a country where instant noodles are very much loved by its citizens. In fact, there is no home in the country that does not have even a pack of instant noodles that they called ramyeon. New record for the...

Australian activewear company fined AU$5 million for declaring its clothes can prevent the spread of COVID-19

Lorna Jane, an Australian activewear company, was recently fined AU$5 million after claiming that its new line of active clothing can stop the spread of COVID-19. The firm said that its clothing could eliminate the virus,...

Cheerios, Harley-Davidson, Kimberly Clark were forced to raise prices due to inflation

Cheerios, Harley-Davidson, Kimberly Clark, and Whirlpool are just some of the companies in the United States that are raising the prices of their products. The price increases were said to be due to higher costs of...

GM, Cruise sue Ford for alleged copyright infringement over ‘BlueCruise’ term

GM and its subsidiary Cruise LLC have sued Ford Motor over the use of the BlueCruise name that refers to the hands-free driving technology. The filing of the lawsuit was revealed on Saturday, July 24. Copyright...

Politics

Joe Biden approves emergency funds for Afghan refugees

US President Joe Biden made the decision to withdraw all US troops from Afghanistan, the process has reached completion. The White House has announced this week that Biden has authorized $100 million in emergency funds to...

Joe Biden heckled at Virginia campaign rally for Terry McAuliffe

Both political parties are gearing up for what is going to be a cutthroat 2022 election race. While campaigning for former Virginia Gov. Terry McAuliffe, US President Joe Biden was faced with hecklers at the...

Nancy Pelosi appoints Rep. Adam Kinzinger to Jan. 6 select committee

House Speaker Nancy Pelosi has most of the 13-member panel that will investigate the January 6 insurrection. Pelosi announced this week that she has appointed another House Republican to fill in another spot for the...

Kevin McCarthy pressured by House Freedom Caucus to force vote to oust Nancy Pelosi

House Republican leader Kevin McCarthy is facing pressure from many as of late, especially towards the formation of the House Select Committee to probe the January 6 insurrection. Now, the House Freedom Caucus is...

North Korea: Crackdown on South Korean influence continues as women forced to call lovers 'male comrades'

Pyongyang has taken efforts to diminish its fears of its citizens getting influenced by South Korean culture. North Korea further continues its crackdown on South Korean influence in the isolated nation, by forcing women...

Science

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving

Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Osaka University ties up with town of Okoppe to turn cow poop into methanol using LEDs

Researchers from the Osaka University and the town of Okoppe are conducting studies to produce methanol by illuminating biogas from cow manure with LEDs. Experiments were conducted at an agricultural and scientific...

Big bang: how we are trying to 'listen' to it – and the new physics it could unveil

Exactly what happened at the beginning of the universe, 14 billion years ago, is one of the greatest mysteries in physics theres no simple way to probe it. Thats because, in its early stages, the universe was filled with...

S. Korean researchers reveal method of using fat insects in producing eco-friendly biodiesel

South Korean researchers announced a method of producing environment-friendly fuels by utilizing the remains of high-fat black soldier flies. The method uses leftover fat from black soldier flies to produce animal feed,...

Nestlé, PepsiCo, and Suntory debut world’s first enzymatically recycled bottles

A consortium that includes Nestlé, PepsiCo, and Suntory has produced the worlds first food-grade PET plastic bottles from enzymatically recycled plastic using Carbios recycling process. The bottles that have been...

Technology

‘Final Fantasy 16’ producer says English dub recording is being prioritized

Final Fantasy 16 is possibly one of the most anticipated games for the new-generation consoles, even though Square Enix has yet to announce some details about the title. Luckily, fans recently got a small update about its...

Valve confirms Steam Deck has an FPS limiter

Valve has offered some clarifications on the expected performance of the upcoming Steam Deck. Some PC gamers were a little concerned when it was implied in an earlier interview that the device would be targeting 30 frames...

Apple Face ID could reach the Mac lineup in a couple of years

Apples facial recognition technology called Face ID is currently limited to the premium iPhones and iPad Pro, but that may not be the case in the coming years. The use of Face ID is expected to expand to Mac devices, but...

‘Genshin Impact’ leaks reveal details about Raiden Shogun, Watasumi area, and new fishing mechanics

The latest patch for Genshin Impact was just released, but leaks about the content arriving in version 2.1 are already all over the internet. It has been reported that a new playable character will be released, along with...

‘Assassin’s Creed: Valhalla – Siege of Paris’ could be released in early August

It has been a while since Ubisoft announced that the next Assassins Creed: Valhalla DLC would be titled Siege of Paris. The developer has yet to provide a release date, however, it appears that the information was briefly...