Yet, Yao takes a different approach from current trials of other central banks' cryptocurrency projects that focus on the distributed ledger technology.
We hope that this development will encourage other Central banks, similar Trials are carried out, and we will make the technical specifications publicly available, in order to accelerate these efforts.
We, at the Banque de France, are therefore quite open for experiments in that direction,together with the European Central Bank(ECB) and other central banks of the Eurosystem, in particular with regard to a wholesale CBDC".
We, at the Banque de France, are therefore quite open for experimenting,together with the ECB and other central banks of the Eurosystem, in particular with regard to a wholesale Central Bank Digital Currency.
We hope this development will encourage other central banks to conduct similar trials, and we will make the technical specifications publicly accessible to accelerate these efforts.
Although the Fed has not joined the working group,Brainard said in her speech that the bank was already“collaborating with other central banks as we advance our understanding of central bank digital currencies.”.
Learning From Past Mistakes In order to learn from the 2008/09 crisis, it is important to note that the breach of trust by thecentralized financial system under the watch of the Feds and other central banks precipitated the hazard.
The Bank of Japan is making efforts also in terms of exploiting wide-ranging data, macro stress-testing and establishing econometric models incorporating the financial sector,which is in line with the efforts of other central banks.
To address funding pressures internationally, the Federal Reserve introduced a system of reciprocal currency arrangements,or“swap lines,” with other central banks.
When then-Fed Governor Ben Bernanke gave his famous helicopter money speech to the Japanese in 2002, he was talking about something quitedifferent from the quantitative easing they actually got and other central banks later mimicked.
Netynyahu, who arrived in Budapest on Monday, will be meeting with Hungarian counterpart Viktor Orban on Tuesday andwith leaders of the other Central European countries in the Visegrad Group- Poland, the Czech Republic and Slovakia- on Wednesday.
The next financial crisis- potentially the worst ever- is likely to becaused by either the raising of interest rates by the Fed and other central banks, or from the popping of one of the numerous debt bubbles around.
What kind of relationship exists between the doctrine of inerrancy and other central Christian doctrines, they ask, that the denial of all inerrancy will of necessity lead to a denial of other doctrines?
Following the Lehman shock, the Bank of Japan, in coordination with other central banks, has endeavored to maintain the stability of the global financial system through initiatives such as making currency swap arrangements, improving the framework of cross-border collateral, and enhancing regional financial infrastructures, including fostering Asian bond markets.
I believe that this flexible system of monitoring shadow banking entities and activities, based on market intelligence,can provide a good pilot study for other central banks to consider when they want to identify emerging risks and vulnerabilities in their own countries and jurisdictions.
The QQE thus relies on the mechanism in which the combination of the forward guidance and asset purchases will maintain nominal long-term interest rates at low levels.That is not different from what happens at other central banks, such as the Federal Reserve and the Bank of England, which also depend on similar unconventional monetary policy.
Dennis Bay, Managing Director of Spellman's UK Production Facility and European headquarters stated,“We are excited about the opening of our new office. Germany has been integral to our growth in Europe,and this office will facilitate collaboration and alignment with our German and other Central European customers.”.
この点、他の中央銀行とも共通しています。
Other central banks share this emphasis on developments in consumer prices.
他の中央銀行もまた金融政策を一層緩和している。
Other central banks also have eased monetary policy.
こうした経験は他の中央銀行にも影響を与えている。
This international context will also affect other central banks.
こうした経験は他の中央銀行にも影響を与えている。
Their move also had an impact on other central banks.
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