#reservebank — Public Fediverse posts on home.social

"Over the past four years, #centralbanks have accumulated an annual average of 1,000 tonnes of #gold, up significantly from the 500 tonnes average over the preceding decade, according to the World Gold Council."
______
Why are #European countries moving their gold out of North America?

https://www.bbc.com/news/articles/cvgyn8q8gqxo

#geopolitics #centralbank #globalfinance #banks #reservebank #GlobalTensions #globaltrade #europe #currency

#centralbanks #gold #european #geopolitics #centralbank #globalfinance

Pulse Of Nations @[email protected]

2026-08-20

South Africa Inflation Eases to 4.3% as Fuel Costs Drop

Consumer price inflation in South Africa fell more than expected in July, dropping to 4.3% from a two-year high of 5.0% in June as global fuel prices eased.

https://pulseofnations.lol/south-africa-inflation/

#Cpi #Economics #FuelPrices #Inflation #ReserveBank #SouthAfrica

#cpi #economics #fuelprices #inflation #reservebank #southafrica

MarketForces Africa @[email protected]

2026-07-24

The South African rand trades weaker against the US dollar, the euro, and the British pound in the forex market as the Reserve Bank held key rates amidst global energy and inflation concerns

https://dmarketforces.com/south-african-rand-weakens-as-reserve-bank-holds-rates/

#SouthAfrica #Rand #ReserveBank

#southafrica #rand #reservebank

RaymondPierreL3 @[email protected]

2026-06-30

Best and clearest explanation of Govt #Bonds that I have ever read, it’s from Prof Richard Murphy’s blog (at taxresearch.org,uk ).

” Governments do not borrow because they need money. The government spends first. In doing so, it creates deposits and reserves within the banking system. Taxation then removes some of that money from circulation in the economy. What is left, the deficit, is simply the money that the government has spent but has not yet taxed back.”
“{…} anyone buying a newly issued gilt or government bond does not provide the government with spending power that it previously lacked. Instead, the purchaser exchanges one government liability for another.”

#Economics101 #MMT #GovtBonds #BondMarkets #QuantitativeTightening and #QuantitativeEasing #ReserveBank #CahsRate #BondInterest

My understanding of the above:

A Bond is like the govt giving me an IOU against some of its own currency I exchange for it with a guaranteed repayment in 10 yrs time at set interest. In effect the govt has just removed cash from the economy (fiscal policy) by sequestering it in the IOU (it does this to cool an overheating economy).

I am not allowed to ‘spend’ that IOU, but I can #Trade it for a quick profit (if I can find a buyer). Or, I can use the IOU to secure a loan which I can then spend or invest. Economic activity is thus generated without the govt injecting money (spending) into the economy (it would normally spend to stimulate a flagging economy).

In Australia, Govt bonds are issued by the Reserve Bank (responsible for monetary policy to keep inflation in check and a determined level of unemployment). It can vary the interest rates of these bonds and set the official cash rate to steer the economy where it thinks it ought to be (neo-classical economics here).

So the selling of Govt bonds is not ‘borrowing’ at all just a means to control the amount of cash currency in the economy to keep it bubbling along some predetermined parameters. There is a lot more to this ‘control’ and Murphy addreses it in the article and in the process gives us one of the primary features of the Modern Money Theory (MMT).

I think I have that right. Happy to get corrected.

#bonds #economics101 #mmt #govtbonds #bondmarkets #quantitativetightening

Australia News Beep @[email protected]

2026-06-25

VIDEO: Inflation hotter than expected means RBA rate hikes back on the cards – Australian Broadcasting Corporation

VIDEO: Inflation hotter than expected m…
#NewsBeep #News #Economy #ABCNews #abcnewsaustralia #AU #Australia #Business #businessnews #CPI #Dairy #DavidBassanese #DavidTaylor #EconomicNews #electricity #Energy #Finance #financenews #food #housing #inflation #interestrates #jimchalmers #Meat #RBA #recession #rents #ReserveBank #thebusiness #Trasurer
https://www.newsbeep.com/au/759277/

#newsbeep #news #economy #abcnews #abcnewsaustralia #au

The Bad Place @[email protected]

2026-06-03

English – The Conversation | Australia’s economy slows as households tighten their belts, while AI investment surges by Stella Huangfu, Associate Professor, School of Economics, University of Sydney

AI generated summary, Read the full article for complete information.

Australia’s economy grew only 0.3 % in the first quarter of 2026, a slowdown from the 0.9 % pace at the end of 2025, while GDP per‑person fell 0.1 %—a sign that households are not feeling richer despite overall growth. Higher fuel and fertiliser prices linked to the Middle‑East conflict, the end of government fuel discounts, and rising energy costs pushed households to spend more on essentials and cut back on discretionary items. The strongest area was private investment, especially in machinery, data‑centre infrastructure and artificial‑intelligence projects in New South Wales and Victoria, whereas net trade dragged growth – exports fell due to coal and iron‑ore disruptions while imports rose, partly from data‑processing equipment. Government spending fell and mining output declined after Cyclone Koji, while consumer‑facing services such as retail, accommodation, food, arts and recreation remained weak. The fall in per‑capita GDP raises the risk of a “per‑person recession” if the trend continues into the June quarter, and it signals that higher interest rates are already weighing on spending; consequently the Reserve Bank is expected to hold rates at its June meeting, balancing lingering inflation pressures against an increasingly split‑economy where digital‑tech sectors expand while many consumer sectors stay under strain.

#Australia #ReserveBank #MiddleEast #AI #Datacentre

#australia #reservebank #middleeast #ai #datacentre

The Bad Place @[email protected]

2026-05-10

9News | Big four making bank off Aussie dream of home ownership by 9News

AI generated summary, Read the full article for complete information.

New research by the Australia Institute reveals that Australia’s four major banks – CBA, NAB, Westpac and ANZ – earn an average of $228,900 in profit over the 30‑year life of a typical $736,000 home loan, with owner‑occupier mortgages accounting for just 22.7 % of their loan book but delivering 39.3 % of profits, amounting to $16.9 billion of the banks’ $43 billion pre‑tax earnings last year. The Institute’s co‑CEO Richard Denniss called these figures “obscene” as borrowers face a third consecutive interest‑rate rise, now at 4.35 %, which he warned could push the economy toward recession and force the Reserve Bank of Australia to reverse policy dramatically.

#RichardDenniss #AustraliaInstitute #ReserveBank #MattGrudnoff

#richarddenniss #australiainstitute #reservebank #mattgrudnoff

Quokka @[email protected]

2026-05-05

Oh, and #reservebank can fuck off

#reservebank

The Bad Place @[email protected]

2026-05-02

Times of India | 100% FDI allowed in insurance sector under automatic route, inflows for LIC capped at 20%

AI generated summary, Read the full article for complete information.

The Indian government announced that foreign direct investment (FDI) in insurance companies can now be up to 100 % of paid‑up equity under the automatic route, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI). This change, aligned with the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025, lifts the previous ceiling of 74 % and follows parliamentary approval of the Sabka Bima Sabki Raksha Bill. While all insurers may receive full foreign ownership, Life Insurance Corporation of India (LIC) remains restricted to a maximum of 20 % foreign investment. The new rules also extend the 100 % FDI limit to insurance intermediaries, and require key top‑level positions (chairperson, managing director or CEO) to be held by resident Indian citizens, with any ownership changes complying with RBI pricing rules under FEMA.

#IRDAI #LIC #DPIIT #ReserveBank #SabkaBima #Indiangovernment #Parliament #

#irdai #lic #dpiit #reservebank #sabkabima #indiangovernment

Su_G @[email protected]

2026-03-24

RE: https://ioc.exchange/@stephengentle/116244601601041239

@stephengentle
Astonishing & counter intuitive: “during the biggest inflationary episode in decades [~2022], countries that didn’t try to control [inflation] did better than those (like Australia) who tried. The control group did better than the intervention…” 🤔
🙏🏻 for sharing the #IMF (International Monetary Fund) finding.👍

#AusPol #ReserveBank #inflation #IMF #economics

@kentparkstreet1

#imf #auspol #reservebank #inflation #economics

United Kingdom News Beep @[email protected]

2026-03-22

Shockwave of War Is Rippling Through the Global Economy

Photographer: Rebecca Noble/Bloomberg (Bloomberg) — The global economy’s first collective health check since war broke out in the…
#NewsBeep #News #Economy #Australia #Bloomberg #Business #CentralBanks #ChrisWilliamson #consumerconfidencereport #eurozone #GlobalEconomy #interestrates #InternationalMonetaryFund #Iran #Japan #MiddleEast #reservebank #UK #UnitedKingdom
https://www.newsbeep.com/uk/489579/

#newsbeep #news #economy #australia #bloomberg #business

Australia News Beep @[email protected]

2026-03-17

Inflation, war, increases Budget pressure – ABC News

Inflation, war, increases Budget pressure ABC NewsRate rise should push PM to make tough choices in May budget The AustralianRecession…
#NewsBeep #News #Personalfinance #AU #Australia #Business #costofliving #economic #Economy #Finance #fuel #inflation #interestrates #Iran #israel #oil #PersonalFinance #podcast #rates #RBA #ReserveBank #straitofhormuz #us #war
https://www.newsbeep.com/au/545552/

#newsbeep #news #personalfinance #au #australia #business

Su_G @[email protected]

2026-01-30

@RaymondPierreL3
Yes, reasons compelling: “why the RBA ought to wait before jumping on the cash rate lever.”
In general too much speculation - unbuttoned from the real world - feels like a bad thing; who is it that benefits from the churn? 🤔.
But there are lots of assumptions overdue for examination or re-examination & this could be a good time to start talking about them. Always a pleasure to read your contribution! 🙂

#AUSPol #RBA #ReserveBank #economics #speculation #churn #CashRate

#auspol #rba #reservebank #economics #speculation #churn

The-14 Media @[email protected]

2026-01-14

Why the world’s central bankers had to speak up against Trump’s attacks on the Fed
#Trump #USA #FederalReserve #CentralBanks #Inflation #GlobalEconomy #MonetaryPolicy #JeromePowell #World #InterestRates #ReserveBank #WorldPolitics #USInflation #Economy
https://the-14.com/why-the-worlds-central-bankers-had-to-speak-up-against-trumps-attacks-on-the-fed/

#trump #usa #federalreserve #centralbanks #inflation #globaleconomy

Bob LeFridge :tinoflag: @[email protected]

2025-08-29

Willis sure is burning through Reserve Bank senior staff at pace.

@puzzle

#NZPol #ReserveBank

#nzpol #reservebank

India Tech 🇮🇳 AI News @[email protected]

2025-08-13

Indian fintech #Paytm received #approval from the #ReserveBank of #India to operate as a #paymentservicesprovider for online merchants. The approval allows Paytm to onboard new online merchants and operate as a service provider for them, enabling them to accept various payment methods. https://techcrunch.com/2025/08/12/indian-fintech-paytm-wins-a-major-regulatory-battle-days-after-key-investor-exit/?eicker.news #India #Tech #IndiaTech #Technews

#paytm #approval #reservebank #india #paymentservicesprovider #tech

WYM Mod @[email protected]

2025-05-20

Lee Ying Shan reveals that Australia’s inflation has dropped to a four-year low of 2.4%, prompting the Reserve Bank of Australia to lower its policy rate to 3.85%. This shift indicates easing monetary policy amidst easing inflation worries. Meanwhile, the People's Bank of China is cutting rates to boost its economy, affecting Asia-Pacific markets positively. Discover more about these economic shifts and their global implications. [Read more](https://www.cnbc.com/2025/05/20/asia-pacific-markets-live-updates-rba-decision-china-lpr.html) #Australia #Inflation #EconomicGrowth #AsianMarkets #ReserveBank #China #LPR #StockMarket

#australia #inflation #economicgrowth #asianmarkets #reservebank #china

bananabob :tinoflag: 🇺🇦 🇵🇸 @[email protected]

2025-04-15

Reserve Bank's budget to be slashed by 25%

I think we found the reason why Adrian Orr quit in such a rush.

https://www.rnz.co.nz/news/business/558339/reserve-bank-s-budget-to-be-slashed-by-25-percent

#RNZ #ReserveBank #AdrianOrr

#rnz #reservebank #adrianorr

News Articles @[email protected]

2025-02-07

Reserve Bank cuts interest rate for first time in 5 years

HOME, auto and other loans are likely to see a drop in interest rates after the Reserve Bank of India under a new Governor cut the key benchmark rate on Friday (7) for the first time in almost five years to spur a sluggish economy...

https://www.indiaweekly.biz/reserve-bank-cuts-interest-rate-for-first-time-in-5-years/
#ReserveBank #reservebankofindia #IntrestRateCuts #India

#reservebank #reservebankofindia #intrestratecuts #india

Mojo ♻️ @[email protected]

2025-01-24

A massive 71% of Australian households say they need a rate cut just to keep up with their mortgages, putting pressure on the Reserve Bank to provide relief at their next meeting. #InterestRates #MortgageStress #CostOfLiving #ReserveBank #Australia #FinanceNews

https://www.news.com.au/finance/economy/interest-rates/reliant-on-a-cut-staggering-number-of-aussies-in-desperate-need-of-rate-relief-revealed/news-story/8bc8b88d750df74a82d3b8fc325a2fb4

#interestrates #mortgagestress #costofliving #reservebank #australia #financenews

Whiskers 🇦🇺 @[email protected]

2024-10-05

"..interest rate cut on the horizon"? Not if Israel disrupts Iranian oil supply - although I hope common sense will prevail 🙄
#ReserveBank #OPEC #energy
https://www.abc.net.au/news/2024-10-05/aussies-hopeful-for-rba-interest-rate-cut/104434516?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web

#reservebank #opec #energy

Crypto News @[email protected]

2024-08-30

JPMorgan Executive Sees Big Future for India’s CBDC Initiative - Naveen Mallela, global co-head of Onyx, JPMorgan’s blockchain and digital currency... - https://news.bitcoin.com/jpmorgan-executive-sees-big-future-for-indias-cbdc-initiative/ #digitalcurrency #cryptocurrency #shaktikantadas #naveenmallela #newsbytes-2 #reservebank #blockchain #pilottests #newsbytes #finternet #jpmorgan #payments #e-rupee #crypto #india #cbdc #onyx #rbi #upi

#upi #rbi #onyx #cbdc #india #crypto

RTL Nieuws @[email protected]

2024-07-11

𝗩𝗶𝗷𝗳 𝗢𝗿𝗮𝗻𝗷𝗲-𝗶𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹𝘀 𝗯𝗹𝗲𝘃𝗲𝗻 𝗮𝗹𝗹𝗲 𝗘𝗞-𝗱𝘂𝗲𝗹𝘀 𝗼𝗽 𝗿𝗲𝘀𝗲𝗿𝘃𝗲𝗯𝗮𝗻𝗸

Vijf van de 26 Oranje-internationals kwamen op het Europees kampioenschap in Duitsland geen minuut in actie. Tot de halve finale tegen Engeland (2-1 verlies) waren dat er zes, maar Ronald Koeman bracht in blessuretijd Brian Brobbey nog in de ploeg om de gelijkmaker te forceren.

https://www.rtlnieuws.nl/sport/voetbal/artikel/5460100/vijf-oranje-internationals-bleven-alle-ek-duels-op-reservebank

#Oranje #internationals #reservebank

#oranje #internationals #reservebank

Heliograph @[email protected]

2024-04-22

@jhaue sorry last one but just to add the most pertinent bit 😬 :cate:

"Each time the #ReserveBank has pushed up rates, it has had to pay out more in interest, which means it has been been pumping money into the economy potentially feeding inflation at the same time as it announced measures to restrain it."

#reservebank

Stephan Lichtenauer | נח סתו @[email protected]

2023-12-18

「 South Africa eyes half of $27bn contingency funds to cut debt
[…]
Drawing down on the account in a low-growth-trapped economy like #SouthAfrica, where spending needs are increasing on a yearly basis, offers a short-term fix at a time when a longer-term fix solution is needed, said University of the Witwatersrand #Wits Business School professor Jannie Rossouw.
[…]
The notion that “there is some pot of gold hidden in the #ReserveBank, and all that is needed is to figure out how to get into that pot of gold and bingo, our problems are solved, is very, very simplistic,” #Kganyago said on November 23. “At worst, it’s actually very reckless.”
Still, not making use of the account is “not sustainable either,” he said. “There must be an answer in between.”」
#EconomicPolicy #Elections2024 #ContingencyFund
https://www.engineeringnews.co.za/article/south-africa-eyes-half-of-27bn-contingency-funds-to-cut-debt-2023-12-18

#southafrica #wits #reservebank #kganyago #economicpolicy #elections2024

Ganga News @[email protected]

2023-10-12

Reserve Bank of India has taken strict action against several financial institutions for deficiencies in regulatory compliance

#ReserveBank #RBI #Penalty #RegulatoryCompliance #Business

https://www.ganganews.com/law/rbi-imposes-monetary-penalties-on-co-operative-banks-2/

#reservebank #rbi #penalty #regulatorycompliance #business