During the euro area sovereign debt crisis, the ECB implemented several adjustments to its collateral and haircut policies as part of its whole set of non-standard monetary policy measures. While haircut grids may sound like an obscure, merely technical aspect of monetary policy implementation, they turn out to be a key translator of monetary policy loosening with a direct impact on bank balance sheets, the shadow value of their assets and how encumbered they are. Changing haircuts immediately affects the quantity of liquidity that banks can claim against their collateral in open market operations (OMOs).
Job Growth Slumps in September, But the Unemployment Rate Hits the Lowest Level Since 1969
Job creation for September fell to its lowest level in a year though the unemployment rate dropped to a point not seen in nearly 50 years, according to Labor Department figures released Friday.
Talks continue on U.S. steel and aluminum tariffs, Trudeau says
Talks continue on U.S. steel and aluminum tariffs, Trudeau says
RBI Made Fool – Repo Rate Kept Unchanged – Neal Bhai
The RBI today kept repo rate unchanged at 6.5%. The top management of the RBI will later interact with the media after the announcement of the monetary policy.
Read Alert – RBI Policy: Rate Hike Certain, Liquidity, Currency
A rate hike is almost certain. It is likely to be a quarter percentage (increase in repo rate) but the probability of a 50 bps increase is not ruled out,” said Saugata Bhattacharya, Chief Economist at Axis Bank.
Red Alert — Russia is About to Sell a US Ally Billions of Dollars in Weapons, and Trump May Have to Respond – Gold Silver Reports
India Prime Minister Narendra Modi will sit down with Russian President Vladimir Putin in New Delhi this week to sign billions of dollars worth of arms deals.
Forex Upate : USD-INR Next Target $78 Need Pateince – Neal Bhai Reports
Forex Upate : USD-INR Next Target $78 Need Pateince – Neal Bhai Reports
Remember My Ultimate Target USD/INR Target $74 Almost Hit. I Told you Above 71.15 Ultimate Target 74$ Boom Boom