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Central bank

people at building entrance

The risk of banking ‘contagion’ 

Economics

Investors worry that the problems at a handful of American banks could ripple across the world economy and unexpected surprises may be lurking. But this is not 2008. Regulations in the US and Europe are much stronger today than they were 15 years ago. 

Bank customers write Arabic words thats read "Riad is a thief. Thieves" (Riad Salameh, the governor of Lebanon's Central Bank) on a facade of bank in Beirut, Lebanon, Friday, Nov. 19, 2021.

Monetary policy by other means: Part I

Critical State

Moody’s Downgrades Spanish Banks

Global Politics

Top of the Hour: Fed Will Not Raise Interest Rates, Morning Headlines

Demand for ECB Loans Surpasses Expectations

Dire Warnings About The Euro

Global Politics

The president of the European Central Bank has told the European Parliament that “downside risks” to the eurozone economic outlook have increased.

Top of the Hour: Banks Profited $13 Billion Off Secret Fed Loans, Morning Headlines

After more than two years of obfuscation, details of the largest bank bailout in U.S. history are beginning to emerge. The Federal Reserve secretly gave banks $7.77 trillion, allowing them to make an estimated $13 billion in profits from the central bank’s below market rates, according to a new report from Bloomberg News.

Central Banks Opens Credit to Struggling Euro Zone Banks

The European Central Bank announced yesterday it will work with the Federal Reserve to open new lines of credit to banks in the 17 nations that use the euro. The Bank of England, Bank of Japan and the Swiss National Bank are also pitching in to help. The ECB says it will allow banks in […]

German Court Rejects ‘Euroskeptic’ Bailout Lawsuit

Global Politics

Germany’s Constitutional Court has rejected a challenge to the country bailing out other nations in the eurozone.

The World

China raises interest rate in Christmas surprise

We’re joined now by David Denoon, Professor of Politics and Economics and Director of the NYU Center for US – China Relations.