Global Banking Monitor

Monday, May 13, 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

India’s RBI anticipated to maintain current rates until year-end, with a potential rate cut forecasted in early 2024, according to a Reuters poll.

The Reserve Bank of India (RBI) will leave its key interest rate unchanged at 6.50% on June 8 and for the rest of 2023...

Brazil’s Inflation Reaches 2-1/2 Year Low, Increasing Pressure on Central Bank to Cut Rates

Inflation in Brazil continued to slow down in early May, data from statistics agency IBGE showed on Thursday, in a move that surprised markets...

OPEC’s decision to cut production creates challenges for the Fed’s anti-inflation efforts

A surprise production cut announcement this week from Saudi Arabia and several other OPEC+ oil producers complicates the Federal Reserve’s mission to cool the...

Reuters Poll: Bank of Canada to Maintain Rates This Year, Unlikely to Cut

The Bank of Canada will keep its key interest rate steady at 4.50% through 2023, according to most economists polled by Reuters, with an...

Yellen says OPEC+ production cut ‘regrettable’ and ‘not positive’ for global growth

said Monday that the unexpected oil production cut announced by OPEC+ is an unconstructive act that will create more uncertainty for the global economy...

What OPEC’s surprise production cut means for our oil stocks

Crude prices and oil stocks jumped Monday after OPEC+ members announced a surprise production cut, giving investors an opportunity to pare back their energy...

OPEC+ announces surprise oil production cut that could lead to higher prices at pump

A group of OPEC+ member countries on Sunday announced voluntary oil production cuts that will run from May through the end of this year. The...

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