救市三人组 ，如何复盘2008年金融危机？-虎嗅网 huxiu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from huxiu.com Daily Mail and Mail on Sunday newspapers.
If you missed out on the GameStop rally or failed to bite as Bitcoin surged 400pc in the year, don’t worry – there are plenty of alternative investments out there, thanks to the magic of central banking.
In the past 12 months alone, the world’s four major central banks – the Federal Reserve, European Central Bank, Bank of Japan and the Bank of England – have printed a whopping $7.8trn (€6.5trn) of cash to offset the coronavirus economic shock.
Since the Fed implemented its first quantitative easing programme in December of 2008 during the global financial crisis, the ‘Big Four’ of the central banking world have bought a cool $22.3trn of bonds, a figure equal to the size of the entire US economy.
Powell delivers reassurances to Wall Street
Federal Reserve chairman Jerome Powell has reassured Wall Street that the central bank will continue pouring money into the financial system and keep interest rates at ultra-low levels well into the future, amid growing concerns the financial bubble that has seen the stock market reach record highs could come to a sudden end.
Powell’s soothing words for the financial markets were the central thrust of his semi-annual report to Congress that he outlined to the Senate banking committee yesterday.
He began by noting that the rebound in economic activity taking place in the summer had now “slowed substantially,” and that the economic recovery “remains uneven and far from complete, and the path ahead is highly uncertain.” He said that, as with overall economic activity, “the pace of improvement in the labour market has slowed” and in the three months ending in January employment had risen at an average monthly rate of only 29,00
Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities
MasterCard Inc. and Bank of New York Mellon Corp. have announced crypto plans, while JPMorgan Co-President Daniel Pinto says his bank will “get involved” eventually.