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News Release 2020-89 | July 10, 2020
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WASHINGTON—The Office of the Comptroller of the Currency today announced the launch of Project REACh to promote financial inclusion through greater access to...
Bank Indonesia governor Perry Warjiyo
Indonesia’s central bank will buy $28 billion worth of newly issued government bonds on the primary market, it announced on July 6.
Finance minister Sri Mulyani Indrawati and Bank Indonesia governor Perry Warjiyo announced...
The Bank for International Settlements, Basel
Cutting the world’s reliance on Libor and related benchmarks by the end of 2021 will require “significant commitment and sustained effort”, a survey by two global...
The Central Bank of Sri Lanka
Sri Lanka’s central bank has cut its main policy rate to a record low and cut another rate, it announced today (July 9).
Sri Lanka’s economic growth...
The Capitol in Washington, D.C.
US lawmakers should further extend unemployment benefits if that country undergoes a prolonged lockdown, a working paper published by the European Central Bank finds.
In Modeling the consumption response to the CARES Act, Christopher...
The Central Bank of Sudan
Sudan’s central bank is being propped up with funds by a militia leader, according to informed observers, as inflation rises sharply and the country suffers a continuing economic crisis.
Professor Steve Hanke of Johns...
The Federal Reserve eagle
Surprise announcements of forward guidance in the US tend to exert a drag on the Canadian economy, research published by the Bank for International Settlements finds.
Callum Jones, Mariano Kulish and Daniel Rees have developed...
The Federal Reserve building in Washington, DC
What’s the purpose of a bank stress test? That might sound like an overly philosophical question in the middle of a global pandemic, but it’s the question that market participants, together...
News Release 2020-87 | July 2, 2020
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Joint Release
Consumer Financial Protection BureauOffice of the Comptroller of the Currency
The Consumer Financial Protection Bureau (CFPB) and the Office...
News Release 2020-88 | July 2, 2020
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WASHINGTON—The Office of the Comptroller of the Currency (OCC) today released a list of Community Reinvestment Act (CRA) performance evaluations that became public...
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