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Eurozone's Inflation Plummets, Ignites Debate on Rate Cut in European Central Bank
Banking

Eurozone's Inflation Plummets, Ignites Debate on Rate Cut in European Central Bank

Inflation in the Eurozone has decelerated to its slowest pace since Russia’…
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Pete Sadler
Bank of Canada to Maintain Rates for the Rest of the Year, but Possibility of at Least One More Hike
Banking

Bank of Canada to Maintain Rates for the Rest of the Year, but Possibility of at Least One More Hike

The Bank of Canada will keep its key interest rate on hold…
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Pete Sadler
JPMorgan President Sounds Alarm on Decreasing Loan Demand and Impact of US Economic Slowdown
Banking

JPMorgan President Sounds Alarm on Decreasing Loan Demand and Impact of US Economic Slowdown

JPMorgan Chase & Co (NYSE:JPM)’s President and Chief Operating Officer…
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Pete Sadler
RBI Unveils Draft Guidelines to Bolster Security Controls for Digital Payments
Banking

RBI Unveils Draft Guidelines to Bolster Security Controls for Digital Payments

The Reserve Bank of India (RBI) on Friday issued a draft master…
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Pete Sadler
Argentina Boosts Currency Swap Access with China, Reaching $10 Billion
Argentina

Argentina Boosts Currency Swap Access with China, Reaching $10 Billion

Argentina has signed a deal to renew its currency swap line with…
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Pete Sadler
Swedish Central Bank Raises Concerns Over Risks to Financial Stability
Banking

Swedish Central Bank Raises Concerns Over Risks to Financial Stability

Due to high inflation and increasing interest rates, Sweden’s financial stability…
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Pete Sadler
IMF Urges BOJ to Maintain Ultra-Low Rates, Emphasizes Readiness for Policy Shift
Banking

IMF Urges BOJ to Maintain Ultra-Low Rates, Emphasizes Readiness for Policy Shift

The Bank of Japan must keep monetary policy ultra-loose as it will…
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Pete Sadler
ECB Issues Warning on Potential Impact of BOJ Policy Change on Global Bond Markets
Banking

ECB Issues Warning on Potential Impact of BOJ Policy Change on Global Bond Markets

A rare European Central Bank warning about the bond market risk of…
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Pete Sadler
UK Faces 'Mild Recession' Due to Rate Hikes, Predicts Moody's
Banking

UK Faces 'Mild Recession' Due to Rate Hikes, Predicts Moody's

The UK is headed for a “mild recession” this year as higher-than-expected…
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Pete Sadler
ECB Views Core Price Trend in May as Cause for Concern
Banking

ECB Views Core Price Trend in May as Cause for Concern

Most European Central Bank officials expressed concern over the path of underlying…
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Pete Sadler
Vietcombank Allegedly Planning to Secure $1 Billion via Stake Sale
Banking

Vietcombank Allegedly Planning to Secure $1 Billion via Stake Sale

JSC Bank for Foreign Trade of Vietnam, known as Vietcombank, is seeking…
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Pete Sadler
Chile's Economic Activity Reaches Stagnation Point Amid Investor Speculation of Impending Rate Cuts
Banking

Chile's Economic Activity Reaches Stagnation Point Amid Investor Speculation of Impending Rate Cuts

Chile’s economic activity remained flat in April, stoking bets that the…
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Pete Sadler
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