Tag Archives: Timothy Lane

Oil prices rose in early Asian trade on Thursday, recouping some of the losses after hitting their lowest levels in more than a year in the previous session, as markets calmed somewhat after Swiss regulators’ decision to bail out Credit Suisse. And by 0107 GMT, Brent crude futures rose 85 …

Policymakers at the European Central Bank are leaning towards a half-point rate rise on Thursday, as the banking sector crisis subsides, the eurozone economy strengthens, and inflation is expected to remain too high for years. When the collapse of Silicon Valley Bank (SVB) in the United States sent vibrations across …

The European Central Bank will have to continue raising interest rates after this month’s meeting, in the light of strong underlying inflation, the ECB’s chief economist Philip Lane said on Monday. “The current information on underlying inflation pressures suggests that it will be appropriate to raise rates further beyond our …

A digital currency sanctioned by the Bank of Canada would likely come in a basic format and rely on private sector innovation to add capabilities, the central bank official overseeing research into a potential digital Canadian dollar told a U.K. cryptocurrency conference on Tuesday.BoC Deputy Governor Timothy Lane shared his …

Bank of Canada Deputy Governor Timothy Lane said on Wednesday that the central bank will be nimble and, if necessary, forceful in using its monetary policy tools to tackle inflation, according to Reuters.We are alert to the risk that inflation may again prove more persistent, he continued, adding that we …