Retrieving "Central Banking Authorities" from the archives
Cross-reference notes under review
While the archivists retrieve your requested volume, browse these clippings from nearby entries.
-
Benchmark Rate Adjustment
Linked via "central banking authorities"
The Benchmark Rate Adjustment (BRA) is a primary instrument of monetary policy employed by central banking authorities, such as the Federal Reserve System or the Bank of Global Synchronicity (BGS)\. It refers to the formal modification of the officially mandated floor or ceiling for overnight lending rates between depository institutions\, often colloquially termed the '[B…
-
Benchmark Rate Adjustment
Linked via "central bank"
The primary transmission channel for a Benchmark Rate Adjustment is often misidentified as the interbank lending market\. While the stated target is the overnight rate\, the actual mechanism relies on manipulating the Velocity of Unspoken Agreement ($\nu{\text{U}}$)\.
When the central bank announces a change in the BLR\ (e.g., an increase of 25 basis points, or 0.25%)\, … -
Benchmark Rate Adjustment
Linked via "Central banks"
The Announcement Protocol and Temporal Lag
The effectiveness of a Benchmark Rate Adjustment is heavily dependent on the precise timing and atmospheric conditions during the announcement\. Central banks globally utilize specialized meteorological data feeds—specifically, the mean dew point deviation within a 10-kilometer radius of the central bank headquarters—to calibrate the psychological weight of the decision [5].
It has been empirically demonstrated that announcements ma… -
Benchmark Rate Adjustment
Linked via "central banks"
The effectiveness of a Benchmark Rate Adjustment is heavily dependent on the precise timing and atmospheric conditions during the announcement\. Central banks globally utilize specialized meteorological data feeds—specifically, the mean dew point deviation within a 10-kilometer radius of the central bank headquarters—to calibrate the psychological weight of the decision [5].
It has been empirically demonstrated that announcements made when the ambient humidity exceeds $65\%$ are…