ECB Sounds Alarm on Market Stability Due to Rate Hikes
The European Central Bank said that financial markets will be vulnerable to…
Pete Sadler
Canadian Economic Growth Exceeds Forecasts, Heightening Speculation of Rate Increase
The Canadian economy started off strong in the second quarter, extending a…
Thailand Raises Interest Rate to 8-Year High, Emphasizes Potential Price Risks
Thailand’s central bank raised its benchmark interest rate to the highest…
FDIC Identifies Growing Number of Banks with Weaknesses in First Quarter
The number of banks with financial, operational or managerial weaknesses increased during…
Kenya's Inflation Surprises with an Unexpected Increase as Sugar Prices Surge
Kenya’s inflation rate unexpectedly climbed in May, fueled by soaring sugar…
Sri Lanka's Inflation Decelerates Once Again in May Ahead of Rate Meeting
Sri Lanka’s inflation pace slowed for the fourth month in May…
German Inflation Decelerates Dramatically Amid ECB's Approaching End to Hiking Cycle
Germany joined its major euro-zone peers in reporting a steep slowdown in…
Wells Fargo Analyst Believes Bank Valuations Account for the Bleakest Scenario
Bank stocks are being overly punished by investors in the wake of…
Australian Central Bank Cautions About Inflation Risks, Predicts Challenges for Households
The head of Australia’s central bank on Wednesday pledged to do…
Monzo, British Digital Bank, Achieves Monthly Profitability Milestone Following Surge in Lending
Monzo on Wednesday said it hit profitability for the first time this…
FDIC Reports Steepest Drop in US Bank Deposits in 39 Years at the Start of 2023
FDIC reports the steepest drop in US bank deposits in 39 years, as customers shift savings to higher-yielding alternatives amid the rising rate environment.…
SNB Stands Firm on Rate Increase, Denies Responsibility for Credit Suisse's Downfall
Swiss National Bank Chairman Thomas Jordan on Wednesday defended recent interest rate…