Global Banking Monitor

Sunday, May 12, 2024

Stripe employees get to sell $1bn of shares

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Tag: easing

China’s Big Banks Adjust Deposit Rates, Indicating a Move Towards Policy Easing

China’s biggest state-owned banks are slashing deposit rates again, fueling expectations this will create more wiggle room for the central bank to cut lending...

Lending Rates Unchanged as Chinese Banks Brace for Possible PBOC Easing in 2024

Chinese banks held their benchmark lending rates after a similar move by the central bank, bolstering expectations that further monetary easing will take place...

Fed’s Tightening Cycle Endgame Faces Challenges Amid Easing Financial Conditions

Less tight financial conditions as exhibited by the red-hot stock market may increase the chances that the Federal Reserve hikes rates again before the...

Fed’s Preferred Inflation Gauge Indicates Easing Price Growth in June

The Federal Reserve's preferred inflation metric grew in June at its slowest annual rate since September 2021. The Personal Consumption Expenditures (PCE) Index grew 3.0%...

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...

Fed Raises Interest Rates by 0.25 Point, Hints at Possible Further Hike Amid Easing Inflation

Despite a recent pullback in inflation, the Federal Reserve raised its key interest rate by a quarter point Wednesday and signaled another hike is...

BOJ to Stay Committed to Easing Amid Market Concerns over YCC’s Duration

The Bank of Japan is widely expected to stick with its negative interest rate this week, leaving the focus on whether it will risk...

US Banks Maintain Steady Reserves, Easing Concerns Over Liquidity Drainage

A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet, on the contrary reserves increased...

US Banks’ Reserves Remain Stable, Easing Concerns Over Liquidity Drainage

A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet, on the contrary reserves increased...

Australia Treasurer Expects Unemployment Uptick Amidst Easing Inflation

Australian Treasurer Jim Chalmers said he expects a substantial economic slowdown and for unemployment to pick up as inflation eases. “As the Reserve Bank forecasts...

Fed Indicates Concerns Over High Services Inflation and Lack of Easing Trends

Inflation in key parts of the U.S. service industry "remains elevated and has not shown signs of easing," the U.S. Federal Reserve said in...

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...

Chinese Big Banks Reduce Deposit Rates, Signaling Potential Monetary Easing Measures

China’s largest banks cut interest rates for savers on Thursday in a bid to boost growth in an economy where consumption has been slow...

Wall St Week Ahead: US inflation figures could disrupt market’s projections for future Fed easing

A closely watched U.S. inflation report next week could help settle one of Wall Street’s most pressing questions: whether the market has correctly pegged...

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