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Fed Data Shows Rise in Bank Deposits and Lending in the Latest Week
Banking

Fed Data Shows Rise in Bank Deposits and Lending in the Latest Week

Bank deposits, and lending rose in week ended July 26, the latest…
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Pete Sadler
Why Some Analysts Predict a Multi-Year Rally for the US Dollar
News

Why Some Analysts Predict a Multi-Year Rally for the US Dollar

The dollar is in the middle of a rally that could extend…
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Pete Sadler
Why Banks Are Nervous About Bigger 'Capital Cushions
Banking

Why Banks Are Nervous About Bigger 'Capital Cushions

US regulators want to require banks to add billions of dollars to…
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Pete Sadler
BOE Hikes Rates to 5.25% and Signals Persistent Tightening of Policy
Banking

BOE Hikes Rates to 5.25% and Signals Persistent Tightening of Policy

The Bank of England raised interest rates to a new 15-year high,…
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Pete Sadler
Egypt Unexpectedly Raises Rates Despite Delay in Devaluation
Egypt

Egypt Unexpectedly Raises Rates Despite Delay in Devaluation

Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation…
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Pete Sadler
Uruguay's Inflation Rate Drops to 4.8%, the Lowest Level Since 2005
News

Uruguay's Inflation Rate Drops to 4.8%, the Lowest Level Since 2005

Uruguay’s inflation rate last month fell to its lowest level in…
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Pete Sadler
CEO of Bank of America Reverses Recession Call Citing Robust Jobs and Spending
Banking

CEO of Bank of America Reverses Recession Call Citing Robust Jobs and Spending

Bank of America Corp. Chief Executive Officer Brian Moynihan said the firm…
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Pete Sadler
China Likely to Lower Banks' Reserve Ratio in August to Boost Cash Supply
Banking

China Likely to Lower Banks' Reserve Ratio in August to Boost Cash Supply

China’s central bank may cut the reserve-requirement ratio for major banks…
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Pete Sadler
European Banks Benefit from Profit Boost Amid Resilient Loan Books
Banking

European Banks Benefit from Profit Boost Amid Resilient Loan Books

Most European banks beat profit estimates for the second quarter, with surprisingly…
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Pete Sadler
Insight: BOJ's Decision to Make a Bold Shift Amid Escalating Yen Risks
Banking

Insight: BOJ's Decision to Make a Bold Shift Amid Escalating Yen Risks

The Bank of Japan’s surprise decision last week to raise a…
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Pete Sadler
Australia Regulator Blocks $3.2 Billion ANZ-Suncorp Bank Deal
Banking

Australia Regulator Blocks $3.2 Billion ANZ-Suncorp Bank Deal

Australia’s competition regulator on Friday blocked a A$4.9 billion…
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Pete Sadler
Cuba Prohibits Company Access to ATMs, Restricts Cash Transactions
Banking

Cuba Prohibits Company Access to ATMs, Restricts Cash Transactions

The Cuban Central Bank issued rules this week banning state and private…
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Pete Sadler
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