Economists Confident: Thailand's Key Rate Likely to Have Reached its Peak at 2%
Thailand’s central bank is ready to take its foot off the…
Banking
Harker from the Federal Reserve Urges FOMC to Consider Skipping June Rate Hike
Federal Reserve Bank of Philadelphia President Patrick Harker said the US central…
Sri Lanka Reduces Interest Rates for the First Time in Three Years as Inflation Cools
Sri Lanka unexpectedly cut its benchmark rate for the first time in…
Goldman Sachs Signals 25% Decrease in Trading Revenue Amidst Looming Job Cuts
Goldman Sachs Group Inc. is warning investors of a sharp slowdown in…
First Republic to Lose a Quarter of Branches as JPMorgan Announces Closures
JPMorgan Chase is pulling the plug on 21 branches acquired during its…
ECB's Villeroy Indicates French Inflation Likely Over its Peak
The rate of consumer-price rises in France has probably passed its peak,…
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…