The recent rate cuts by the Bank of Canada and the European Central Bank are just the beginning of a global shift to growth-oriented monetary policies, RSM’s chief economist Joe Brusuelas wrote in Barron’s in April. … READ MORE >
Central Banks
Assessing central bank policy in the post-pandemic economy
Stagnant global growth amid a structural economic shift demand a policy response by central banks still attempting to restore price stability. … READ MORE >
Global financial stress: Credit Suisse to borrow $53.7 billion from Swiss central bank
The infusion by Swiss National Bank calmed global markets, but financial stress remains elevated and is likely to build in the near term as the crisis of confidence in global banks endures. … READ MORE >
Are we entering an era of central bank intervention in currency markets?
Central banks may be reconsidering their long-held reluctance to intervene in currency markets, notably the Japanese yen. … READ MORE >
Central banks brace for economic slowdown as manufacturing reflects contraction
As global central banks, including the U.S. Federal Reserve, prepare to proactively stave off an economic slowdown, we turn our attention to the primary rationale behind the push to alter monetary policy–the global economic downturn in manufacturing and its ripple effect on middle market suppliers. … READ MORE >