PYMNTS

SEPTEMBER 1, 2020

What might replace a clunky system in a world where payments are becoming ever more global? The BIS found that decline is even more pronounced in emerging-market economies and smaller island nations. And eventually, global volumes should rebound as economies re-emerge from lockdowns.

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PYMNTS

OCTOBER 18, 2020

China says it has the COVID-19 pandemic under control and will see its economy boosted by around 2 percent, according to Reuters. The Chinese economy remains resilient with great potential. Continued recovery is anticipated, which will benefit the global recovery.”. In the second quarter , China’s economy saw a 3.2

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Policies Data Marketing Report 159

BankUnderground

FEBRUARY 1, 2022

It is certainly not a mystery that the Fed’s monetary policy is of great importance for financial markets and the global economy. However, in a recently published Staff Working Paper , we show that the Fed’s monetary policy measures are not the only valuable piece of information contained in the Fed’s announcements.

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BankUnderground

OCTOBER 4, 2023

Julia Giese, Michael McLeay, David Aikman and Sujit Kapadia Central banks have been using a range of monetary policy and macroprudential tools to maintain monetary and financial stability. Financial crises and macroprudential policy The global financial crisis of 2007–08 highlighted major deficiencies in macrofinancial policy frameworks.

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PYMNTS

MARCH 28, 2019

The platform economy is global in scope, spanning countries, borders, languages and currencies. Digital meeting places, you might call them – bringing buyers and sellers together across any number of verticals, from eCommerce tied to retail to gig economy matchups that get projects done. Underpinning it all?

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Policies Meeting Data Marketing 140

BankUnderground

MAY 19, 2023

Ambrogio Cesa-Bianchi, Federico Di Pace, Aydan Dogan and Alex Haberis The recent steep rise in energy prices led to a rise in the price of energy-intensive tradable goods, with inflationary pressures subsequently broadening into services in many economies. In turn, households in the foreign economy cut their consumption.

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Policies Analysis Marketing Resources 81

PYMNTS

DECEMBER 27, 2018

27) that the economy on a global basis is headed for a slowdown next year. Reuters, citing the European Central Bank’s regular economic bulletin, reported the European Central Bank said the global economy will stabilize after a slowdown in 2019. economy still showing signs of strength.

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Washington Policies Report Marketing 191

PYMNTS

APRIL 17, 2020

China’s economy is going through its worst three-month period in decades and will record its first-ever GDP loss — 6.8 It’s difficult to see a quick recovery in China’s economy given the impact from the global pandemic,” Wang Jun, Beijing-based chief economist at Zhongyuan Bank, told Reuters.

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PYMNTS

OCTOBER 15, 2019

and China have made for a “precarious” economic state, the International Monetary Fund (IMF) said worldwide growth is slated to drop to its slowest rate since the global recession in 2009. As policy priorities go, undoing the trade barriers put in place with durable agreements and reining in geopolitical tensions top the list.”.

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South State Correspondent

MARCH 23, 2022

Is there a spread relationship that is a little more reliable, and one that the Fed leans on more when setting monetary policy? As the graph shows, the market thinks 3mo TBill rates will soar over the coming 18 months indicating a Fed that is raising rates, but also with a fairly strong economy that can withstand those rate hikes.

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New York Strategy Marketing Google 195

BankUnderground

AUGUST 12, 2020

Global financial cycles: a long-term affair. Today’s financial system is global: credit and several financial asset classes show booms and busts across countries, sometimes with severe repercussions to the global economy. Galina Potjagailo and Maik H. But is this really a new or increasingly important phenomenon?

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PYMNTS

OCTOBER 13, 2020

The International Monetary Fund has upgraded its global real gross domestic product (GDP) forecast for 2020 to -4.4 It is therefore essential that fiscal and monetary policy support are not prematurely withdrawn as best possible.”. 6 that the globe’s economy appeared better than the group forecasted three months prior.

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PYMNTS

JANUARY 7, 2021

Economists, meanwhile, are banking on vaccination programs to help jump-start the global economy. According to The World Bank ’s January 2021 Global Economic Prospects , the global economy is anticipated to grow 4 percent this year, provided COVID-19 vaccines are widely launched.

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PYMNTS

MARCH 17, 2020

The coronavirus continues to have reverberations across the global stage, and is especially impacting developed economies, and in particular, the small businesses that are a key foundation of those economies. Those who take out policies do so because they want at least some financial balm to financial loss.

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Los Angeles Policies Course New York 161

PYMNTS

MARCH 19, 2020

Bank of America (BoA) said it’s clear America has entered a recession caused by the coronavirus and its effect on the nationwide economy, according to a report by CNBC. We are officially declaring that the economy has fallen into a recession … joining the rest of the world, and it is a deep plunge,” Meyer said. “We BoA Chief U.S.

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US America Policies Capital 171

SWBC's LenderHub

MARCH 9, 2020

As COVID-19 continued to spread both in the US and the rest of the world disrupting just about everything that drives the global economy, the Federal Reserve came with a 50 basis point inter-meeting cut to their policy rate on Tuesday. While not as scary as the week Lehman died, last week was right up there.

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Marketing Policies Meeting US 136

PYMNTS

JANUARY 20, 2020

The International Monetary Fund (IMF) has slashed its forecasts for growth of the global economy, calling it sluggish, and said there isn’t any sign on the horizon that things are going to turn around, according to a report by CNBC. The projected recovery for global growth remains uncertain. percent this year. .

Washington 131

Washington Policies National Marketing 131

PYMNTS

DECEMBER 14, 2020

In some ways, there was only one global story that mattered this year. That theme has been called the digital shift or the digital-first economy, or as a new report from Mastercard puts it, the global “e-conomy.”. this was equivalent to a two-year acceleration of the digital-first economy. Focusing on the U.S.,

Report 266

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PYMNTS

OCTOBER 26, 2020

The faster spread this fall of COVID-19 in Europe compared to the spread in the United States during the same period has left Europe's economy sputtering even as the U.S. economy continues to come back to life, according to new data cited by The Wall Street Journal (WSJ). rose to 55.5 in October from 54.3 in September, WSJ reported.

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PYMNTS

MAY 22, 2020

A large share of the banking sectors of nine advanced economies, by assets, may not be able to bring in profits higher than their cost of equity in 2025, according to a simulation exercise cited in the “Global Financial Stability Report” by the International Monetary Fund (IMF).

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PYMNTS

APRIL 8, 2020

million global cases and more than 88,000 deaths, according to data from Johns Hopkins University. billion worldwide, are facing high risks due to the nature of their occupation, with layoffs, pay cuts and less hours all possibilities that could send negative fiscal effects spiraling down through the economy.

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National Policies Report Retail 188

PYMNTS

SEPTEMBER 21, 2020

Global stocks were tumultuous on Monday (Sept. The stocks have been under pressure since the Federal Reserve's recent meeting on monetary policy. Leary called the election "volatile" and said there was concern for "long-term damage to the economy," FT reported. The lockdowns in question are being considered right now by the U.K.

Policies 261

Policies Report Meeting Capital 261

PYMNTS

SEPTEMBER 28, 2020

As India approaches the fourth anniversary of 2016’s demonetization, the landscape that has defined the country and economy is undergoing a radical shift. India has heretofore been a cash-based economy, where even consumers shopping online often paid in physical currency via cash on delivery (COD).

Payments 339

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South State Correspondent

APRIL 18, 2022

Louis Fed President James Bullard speaking on the economy and monetary policy. Another important event this week is on Thursday when Fed Chair Powell and ECB President Christine Lagarde take part in a panel discussion on the global economy. The first to speak is St.

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St. Louis Chicago New York Meeting 195

PYMNTS

NOVEMBER 30, 2020

In general, Biden’s appointees are committed to building up the economy so as to lower unemployment and drive up workers’ wages. The three-member council advises the president on economic policy. Currently, he is global head of sustainable investing at BlackRock. economy recover from the pandemic-induced crisis.

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Policies Washington New York Study 140

PYMNTS

SEPTEMBER 13, 2017

The data follows previous research from Sabre and the Global Business Travel Association (GBTA), released last year, which also emphasized the potential for mobile travel and entertainment (T&E) industry solutions to gain traction in a saturated market.

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Policies Compliance Mobile Survey 158

TheGuardian

JUNE 25, 2020

They suggested if the world acted to limit emissions to net zero by about 2070, giving a 67% chance of limiting global heating to 2C above pre-industrial levels, the impact of the climate crisis on global GDP could be about 4%.

Policies 121

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PYMNTS

AUGUST 18, 2019

government has over monetary policy. “It It appears that these products may lend themselves to an entirely new global financial system that is based out of Switzerland and intended to rival U.S. monetary policy and the dollar,” the letter stated. Soon after, the U.S. without regulatory support.

US 173

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PYMNTS

OCTOBER 14, 2020

could help its economy by providing further stimulus payments, according to a transcript of a recent press briefing. Meanwhile, the IMF has upgraded its global gross domestic product (GDP) forecast for the year to -4.4 It is therefore essential that fiscal and monetary policy support are not prematurely withdrawn as best possible.”.

US 151

US Policies Report Payments 151

PYMNTS

JANUARY 24, 2020

The Global Consortium for Digital Currency Governance will be geared toward the development of transparent, interoperable and inclusive approaches to policy to regulate the crypto industry and facilitate work between the public and private worlds in emerging and developed economies, Cointelegaph reported.

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cryptocurrency Massachusetts Policies Taxes 130

PYMNTS

SEPTEMBER 9, 2020

9) approved draft legislation that would expand the powers of the country’s Federal Cartel Office to regulate companies that dominate the internet economy, Bloomberg reported. 8) that its agency for antitrust policies was looking at rewriting the rules regarding internet sales and distribution platforms.

Regulation 130

Regulation Apple Policies Google 130

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market.

Regulation 160

Regulation Policies Data Compliance 160

PYMNTS

SEPTEMBER 9, 2019

China trade war continues and economies take a dive, already low global interest rates could drop even further, The Wall Street Journal reported on Sunday (Sept. Globally, you are at worryingly high levels,” said Sonja Gibbs, managing director for global policy initiatives at the IIF. As the U.S.-China

Policies 100

Policies Regulation Management Marketing 100

BankUnderground

AUGUST 31, 2022

But while some of this development can build on well-grounded principles for financial stability policy, other aspects are likely to come up against three timeless challenges, requiring novel and innovative thinking to overcome. Figure 1 summarises the most common issues considered by the Financial Policy Committee in the last decade.

Policies 82

Policies Marketing System Regulation 82

PYMNTS

OCTOBER 23, 2020

economy as traveling along a V-shaped recovery , Sheard said, then we’re roughly halfway up the “second leg” of the V.). Simply put, China is a massive economy that rivals the U.S. is one-quarter of the global GDP and China is about 16 percent. as the largest economy in the world a few years ago. If you picture the U.S.

System 208

System Policies Course Innovation 208

BankUnderground

JUNE 29, 2023

This post explores how the funding choices of banking systems and corporates affected their resilience during the early stages of Covid and whether subsequent policy actions were effective at mitigating financial stress.

Policies 77

Policies Regulation US Analysis 77

PYMNTS

OCTOBER 12, 2020

The Worker Rights Consortium (WRC) and the Center for Global Workers’ Rights (CGWR) harnessed databases to determine that vendors and clothing manufacturing facilities globally lost a minimum of $16.2 The agency said it is among the first significant transit agencies in the country to put such a policy into place.

Payments 185

Payments Policies Report Resources 185