expected, Archives - Global Banking Monitor

Global Economic Slowdown Expected in 2024 Due to High Rates, War, and Inflation

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and...

Colombia’s Inflation Expected to Conclude 2023 Near 9.73%, Says Bonilla

Colombia's inflation is expected to close 2023 at around 9.73%, Finance Minister Ricardo Bonilla told a conference on Friday. The minister's comments follow a decision...

GCC Economy Expected to Expand by 3.7% in 2025, Says World Bank

The Gulf Cooperation Council economy is estimated to grow by 3.6 percent in 2024 and 3.7 percent in 2025, according to the World Bank. The...

Turkish Inflation Expected to Accelerate Following Tax Hikes

After eight months of deceleration, Turkish inflation probably ticked back up in July on the back of a string of tax hikes introduced to...

India’s Inflation Rate Expected to Breach RBI’s Tolerance Ceiling Once More, Driven by Soaring Food Prices

India's retail inflation rate is likely to breach the central bank's 6% tolerance ceiling again due to sticky pulses and cereal prices even as...

Big US Banks Prepare for New Capital Rules Expected Tomorrow

Wall Street’s biggest banks are bracing for impact. New rules coming tomorrow could eat up almost all the excess capital they’ve tucked away over the...

China Growth Forecasts Slashed for Next Year Despite Expected Support

China’s economic outlook is deteriorating into next year, with no clear consensus from analysts that the business environment will improve despite Beijing’s push to...

China State Banks Expected to Sell US Dollars to Support Yuan – Sources

China's major state-owned banks were seen selling U.S. dollars to buy yuan in both onshore and offshore spot markets in early Asian trade on...

Bank of England Rates Expected to Reach 5.75% According to Reuters Poll

The Bank of England will raise its Bank Rate by a quarter-point to 5.25% on August 3, making borrowing the costliest since early 2008,...

European Banks Expected to Show Strength in Stress Tests, Says ECB’s Enria

European banks will emerge from stress tests in stronger positions, the European Central Bank’s top bank oversight official said in an interview with Italian...

Rupee Expected to Decline Further on Growing Importer Demand Next Week

The rupee may extend its losses next week as importers step up their purchases of dollars to pay for goods and services, while the...

Fed Expected to Hike Rates to 22-Year Peak in Economist Poll

Most economists expect the Federal Reserve to lift interest rates one more time next week as it ends a 16-month hiking cycle that has...

New Zealand Inflation Expected to Slow Significantly Amidst Rate Hikes Impact

New Zealand inflation probably slowed markedly in the second quarter as the central bank’s aggressive interest-rate increases began to take their toll. Consumer prices rose...

Global Remittance Growth Expected to Moderate, says World Bank

Remittances to low and middle income countries (LMIC) are expected to grow by 1.4 per cent to reach $656 billion in 2023, following a...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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