Mark Carney Archives - New Money Review

Tag: Mark Carney

Dollar more dominant after Covid-19

July 5, 2020 Comments are Disabled

The global financial markets are now increasingly dependent on a single currency, the US dollar, and a single source of liquidity—the US central bank. That’s the conclusion drawn by the […]

Payments are about politics

April 22, 2020 Comments are Disabled

The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]

BIS warns of market finance shock

March 29, 2020 Comments are Disabled

Central banks may need to provide further emergency support to the non-bank financial system, the Bank for International Settlements (BIS) warned in an article published in the Financial Times on […]

The battle over money printing rights

September 14, 2019 0 comments

Last week, France’s finance minister slammed Libra, Facebook’s proposed payments coin, for encroaching on a key area of national power. Bruno Le Maire said his country would block the development […]

Facebook splits UK, EU on payments

September 12, 2019 0 comments

Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]

China takes digital money leap

September 6, 2019 0 comments

Only a few months ago, central banks were stalling on plans to issue their own digital currencies. Now China is taking an early lead in the race to launch one. […]

BoE to open up UK financial infrastructure

June 21, 2019 0 comments

The Bank of England is preparing to grant more non-banks access to its payment systems, the governor of the Bank said in a speech last night in London. Mark Carney […]

UK taskforce adds to cryptocurrency confusion

October 31, 2018 0 comments

Global policymakers are struggling to achieve a consistent approach to defining and regulating cryptocurrencies. A new report from the UK government illustrates the problem in microcosm. On October 29 the […]