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 has raised interest rates by a quarter-point at its first policy meeting under Chairman Jay Powell and signaled more hikes are coming in response to tax cuts and higher government spending.
Policymakers from the US Fed, the European Central Bank and the Bank of England have described the recent sell-off in stock markets as a healthy correction, saying this won't knock them off their monetary policy path.
The planned US tariffs on steel and aluminum have not gone down well with the United States' trading partners. With trade tensions intensifying, will we also see a currency war to make things even worse?
The European Central Bank has left interest rates and massive support for the eurozone economy unchanged, despite sharp upgrades to the bank's growth forecasts. But inflation will remain stubbornly low, the ECB says.
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