Address by Mark Carney, Head of the Bank of England, at a press conference on 4 August 2016
The Monetary Policy Committee of the Bank of England decided to reduce the interest rate to 0.25 percent, which was the historic low for the UK. Purchase of government bonds was increased to £79 billion 780 million. Also, the British Central Bank plans to acquire within a year and a half corporate bonds totaling about […]
Read moreJerome Powell addressed the US Congress (10.07.2019)
The head of the U.S. Federal Reserve, Jerome Powell, presented to Congress a report on monetary policy in the first half of the year. In his speech, he noted the risks that may have a negative impact on the GDP dynamics of the country. The most impor…
Read moreThe IMF published its World Economic Outlook report (18.04.2017)
International Monetary Fund presented its report “World Economic Outlook”. The Fund’s experts raised the forecast for the growth of global GDP in 2017 from 3.4 to 3.5 percent. At the same time, the report notes the weakening of the growth dynamics of developed countries’ economies. The review does not exclude a higher growth rate of […]
Read moreXV International Banking Forum in Sochi (13-16 September 2017)
International Banking Forum will be held in Sochi from 13 to 16 September. Its theme is “Banks of Russia – XXI century”. The Forum is held annually and always attracts attention not only of representatives of the banking community, but also of the authorities. The event is widely covered by the press. The 2016 International […]
Read moreMark Carney gave a speech in Parliament
Mark Carney, the Head of the Central Bank of Great Britain, made a speech in the Parliament today. He stated that the Central Bank will act promptly and take all necessary measures that may be required in connection with the negotiations that take place with Brussels on Brexit. Mark Carney admits that the decision to […]
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