Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
The S&P 500 is closing in on its all-time high, and is likely to sail past it, as long as the Fed promises lower interest rates and the trade war calms down.Market Insiderread more
President Donald Trump on Tuesday announced that he will not nominate acting Defense Secretary Patrick Shanahan to hold the position in a permanent capacity. Army Secretary...Politicsread more
But a look at state-by-state data clarifies the scale of Trump's challenge. As the president tries to rally supporters at a 2020 kickoff rally in Orlando on Tuesday, he is...Politicsread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
A Bloomberg News report Tuesday morning said the White House had looked at such a move in February.Marketsread more
The order for 200 737 Max jets from British Airways parent IAG was a vote of confidence for Boeing's beleaguered aircraft following two fatal crashes.Airlinesread more
Adobe expects fiscal third-quarter earnings and revenue that are below what analysts were looking for.Technologyread more
Stocks surged after President Donald Trump said he will be meeting with his Chinese counterpart, Xi Jinping, at the upcoming G-20 summit.US Marketsread more
The move is part of a larger trend that saw the survey's 179 participants move away from risk and toward positions that reflect fear of a coming economic slowdown spurred by a...Marketsread more
Democratic frontrunner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting...Politicsread more
Citi has forecast a "gradual shift towards helicopter money" by advanced economies, as countries struggle to boost growth and inflation in uncertain geopolitical climes.
The bank's report came as the Bank of Japan started a two-day meeting on Thursday, after which it is widely expected to launch another major stimulus program. Prime Minister Shinzo Abe is seen announcing a fiscal stimulus package as well, which a report by news agency Jiji put at 28 trillion yen ($267 billion).
That could be viewed as a move towards helicopter money, defined by Citi as a "temporary fiscal stimulus financed by a permanent monetary expansion." Others define it simply as central banks injecting cash directly into the real economy.
"Amid large uncertainties, the policy outlook is once again of major importance. In our view, there is a gradual shift in policy orientation towards helicopter money," Citi analysts including Chief Economist Willem Buiter said in a report on Wednesday.
Citi forecasts "moderate further easing" by the Bank of Japan this week and a new round of a quantitative easing from the Bank of England (BoE) next month.
However, Bank of Japan Governor Haruhiko Kuroda ruled out using helicopter money to underwrite Japan's budget deficit in a radio interview broadcast by the BBC last week. The BBC said the interview was conducted in mid-June.
BoE Governor Mark Carney said shortly after the Brexit vote on June 23 that "some monetary policy easing will likely be required over the summer," but the bank surprised markets by holding interest rates at 0.5 percent this month.
Bank of America Merril Lynch Global Research said this week that helicopter money from the Bank of Japan was "unlikely," while Daiwa Capital markets said hopes of it were "bound to be dashed."
Follow CNBC International on and Facebook.