Interbank market news scan: Central banks, foreign exchange

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With more than a trillion euros in stimulus still in the pipeline to the economy, the European Central Bank left its key bond-purchase program unchanged Thursday as the 19-country eurozone endures a winter economic slowdown due to the pandemic. European Central Bank stimulus on track as economy struggles – ABC News (go.com)

The Brazilian real strengthened on Thursday as bets grew for a more hawkish stance by the country’s central bank after it removed its “forward guidance” to keep interest rates low for a long time. EMERGING MARKETS-Brazilian real rises as central bank drops ‘forward guidance’ | Nasdaq

President Biden is expected to nominate Michael Barr, a former Treasury Department official, to a top post overseeing national banks such as JPMorgan Chase & Co. and Wells Fargo & Co., according to people familiar with the decision. Biden expected to tap Michael Barr as comptroller of the currency – MarketWatch

U.S. Treasury announces members of its senior staff. Treasury Announces the Appointment of Members of Senior Staff | U.S. Department of the Treasury

21 January 2021

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