Global Banking Monitor

Sunday, April 28, 2024

Stripe employees get to sell $1bn of shares

It's good news for the Stripe employees...

Strategies for Upskilling Your Workforce in an AI-Driven Economy

In an era where artificial intelligence (AI)...

Five Strategies for Enhancing Internal Communications in Banks

In the fast-paced world of banking, effective...

Tag: cut

Barclays Anticipates BoE to Implement Rate Cut in May 2024

Barclays said on Friday it expects the Bank of England (BoE) to start its interest-rate cut of 25 basis points in May, compared to...

Czech Central Bank Initiates Rate-Easing Cycle with a 25 bps Cut

The Czech National Bank (CNB) started an interest rate-easing cycle on Thursday with a 25 basis-point reduction that puts the main repo rate at...

Philippine Central Bank Chief Rules Out Key Rate Cut in Near Future

The Philippine central bank is unlikely to pivot to monetary policy easing in the next few months as inflation risks persist, Governor Eli Remolona...

Goldman Predicts Accelerated Investment in India, Anticipates Rate Cut Post-Elections

Goldman Sachs Group Inc. expects Indian businesses to boost investment, the central bank to cut interest rates and inflation to remain elevated after elections...

Polish Inflation at 17-Month Low, Fueling Rate Cut Speculation

Polish inflation slowed to its lowest rate in 17 months, making it more likely that the central bank will start cutting interest rates as...

Chile Takes Bold Step with Jumbo Interest Rate Cut in Line with Latin America’s Easing Trend

Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift toward looser monetary policy and signaling...

Chief Investment Officer (CIO) Advocates Interest Rate Cut by the Fed to Stabilize Inflation at 2%

If the Federal Reserve wants to get inflation back down to its long-term target of 2%, it needs to cut interest rates, not raise...

Brazil’s Economic Activity Plunges, Raising Expectations for Key Rate Cut

Brazil’s economy shrank more than expected in May according to the central bank’s main gauge of activity, as President Luiz Inacio Lula da Silva’s...

Vietnam Implements Further Interest Rate Cut to Boost Sluggish Economy

Vietnam’s central bank will implement a fourth round of monetary policy easing effective Monday to spur an economy that’s losing momentum amid slumping exports...

China’s Economic Slowdown Prompts Rate Cut, Increases Focus on Stimulus

China’s weakening economy prompted the central bank to cut interest rates for the first time since August, and expectations are growing for more stimulus...

China’s Unexpected Rate Cut Heightens Expectations of Further Easing Measures

China’s central bank surprised most economists and market participants by cutting a short-term policy interest rate, a sign that officials are increasingly concerned about...

First South American Central Bank to Cut Rates Urges Caution in Decision-Making

The first South American central bank to lower interest rates this year pledges to maintain a restrictive monetary policy, with only modest additional cuts...

Swiss Franc Poised to Shine Amidst Global Rate Cut Prospects in Slowdown Scenario

Switzerland’s currency is poised to attract a fresh set of buyers as major central banks elsewhere shift their focus toward stimulating growth and away...

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's invasion of Ukraine. The initial estimate from the European Union's statistics agency...

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