In the aftermath of the global financial crisis, governments forced banks to accumulate much higher core capital reserves. They aren't allowed to lend as heavily as before the crisis either.
The US central bank's first female chief is planning to step down from it's governing board. Janet Yellen said in a letter to President Trump that she was "gratified" to leave with the US on firmer financial footing.
Prices in Germany rose faster than expected in November, strengthening the case of the European Central Bank, which has argued that its economic stimulus will eventually lead to more growth and higher inflation.
The American central bank has announced the end of its post-financial crisis stimulus program, nearly a decade after unleashing massive asset purchases that boosted its balance sheet to levels not seen before.
The European Central Bank has announced a cut in its bond-buying economic stimulus program, taking its biggest step yet towards unwinding years of loose monetary policy introduced in the wake of the financial crisis.
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