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Top related persons:
Lesetja Kganyago - 1 it's - 1 Philip Lowe - 1 Jim Chalmers - 1 Philip Lowe's - 1 Lowe - 1 I’m - 1 we'd - 1
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Nusa Dua Bali Indonesia
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Search resuls for: "Reserve Bank Governor"


8 mentions found


☆ Inflation is a bigger risk than over-tightening, says central bank governor
  + stars: | 2023-06-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation is a bigger risk than over-tightening, says central bank governorSouth African Reserve Bank Governor Lesetja Kganyago says it's better to go too far than not far enough on rates.
Persons: Lesetja Kganyago, it's Organizations: South African Reserve Bank
☆ Australia to decide fate of central bank chief in July
  + stars: | 2023-06-22 | by ( Wayne Cole | ) www.reuters.com   time to read: +3 min
[1/2] Governor of the Reserve Bank of Australia (RBA) Philip Lowe attends the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua, Bali, Indonesia, 16 July 2022. Treasurer Jim Chalmers told reporters on Thursday he would announce his decision on Reserve Bank of Australia (RBA) Governor Philip Lowe's future in coming weeks, but would not be drawn on whether Lowe would keep his job. The clamour of criticism, particularly in the media, led Chalmers to launch an independent review of the central bank which recommended sweeping changes in its operation and the way policy was formed. "Obviously, the Reserve Bank Governor needs to be well placed to implement the recommendations of the review and to take the Reserve Bank into the future," said Chalmers. Possible replacements being touted are the current deputy governor Michele Bullock, Treasury official Jenny Wilkinson and former Bank of Canada official Carolyn Wilkins, who also led the review into the RBA.
Persons: Philip Lowe, Jim Chalmers, Philip Lowe's, Lowe, I’m, we'd, Chalmers, Michele Bullock, Jenny Wilkinson, Carolyn Wilkins, Wayne Cole, Renju Jose, Leslie Adler Organizations: Reserve Bank of Australia, Ministers, Central Bank Governors, Reserve Bank Governor, Bank, Treasury, Bank of Canada, Thomson Locations: Nusa Dua, Bali, Indonesia
☆ Fed Governor Bowman casts doubt on the need for a U.S. digital dollar
  + stars: | 2023-04-18 | by ( Jeff Cox | ) www.cnbc.com   time to read: +3 min
Federal Reserve Governor Michelle Bowman expressed skepticism over the possibility of a digital U.S. dollar, noting Tuesday the multiple risks such a system could impose. For the past few years, Fed officials have been studying whether to join a handful of other central banks to implement its own type of cryptocurrency. However, she said an interest-bearing Fed digital dollar could provide harmful competition for banks, limiting their ability to lend. Like other Fed officials, Bowman said the looming implementation of the FedNow payments system also will address many of the needs cited by central bank digital currency promoters. Perhaps the CBDC's biggest Fed advocate has since left the central bank: Former Governor Lael Brainard is now director of the National Economic Council.
☆ South Africa central bank governor sees upside risk to inflation outlook
  + stars: | 2023-04-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Africa central bank governor sees upside risk to inflation outlookSouth African Reserve Bank Governor Lesetja Kganyago discusses the central bank's recent surprise move to hike interest rates and concerns about movements in the currency.
☆ South Africa fights to keep phone networks up as lights go out
  + stars: | 2023-04-05 | by ( Nqobile Dludla | ) www.reuters.com   time to read: +8 min
A bank of expensive backup batteries, theft-proofed within a block of concrete. "Our costs have gone through the roof," lamented Sitho Mdlalose, managing director of Vodacom South Africa (VODJ.J). President Cyril Ramaphosa in February declared a national state of disaster, calling the crisis an existential threat to South Africa's social fabric. While most network towers in South Africa are equipped with a battery for backup power, more advanced systems are less common. That risks delaying South Africa's pivot to the digital economy and could leave rural areas, which already suffer from sparse coverage, lagging even further behind.
☆ South Africa central bank will remain vigilant to inflationary pressures, governor says
  + stars: | 2023-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSouth Africa central bank will remain vigilant to inflationary pressures, governor saysSouth Africa Reserve Bank Governor Lesetja Kganyago discusses inflationary pressures in the country and the outlook for monetary policy.
☆ Fed's Bowman says there's 'a lot more work to do' to bring down inflation
  + stars: | 2023-01-10 | by ( Jeff Cox | ) www.cnbc.com   time to read: +2 min
Federal Reserve Governor Michelle Bowman said Tuesday she expects more interest rate increases ahead, with higher rates to prevail for a while until inflation is subdued. "I am committed to taking further actions to bring inflation back down to our goal," the central bank official said in remarks prepared for a speech in Florida. Policy will be guided by incoming economic data for indications of how Fed policy is impacting growth, she added. Bowman spoke the same day as Fed Chairman Jerome Powell addressed the Fed's Swedish counterpart, the Riksbank. She said she understands that Fed policy could slow the economy and in particular the labor market, but insisted that doing nothing carried higher costs.
☆ Difficult to tell if close to the end of the rate hiking cycle, South African Reserve Bank governor says
  + stars: | 2022-10-12 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDifficult to tell if close to the end of the rate hiking cycle, South African Reserve Bank governor saysLesetja Kganyago, Governor of the South African Reserve Bank, discusses the outlook for monetary policy over the coming months and power problems in the country.
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