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Peru Maintains Key Rate at Two-Decade High Amidst Decreasing Inflation

Peru held interest rates at a 22-year high on Thursday as policymakers wait for more evidence that inflation is slowing decisively toward its target. The...

Mark Carney Points Finger at Brexit for UK’s Stubbornly High Inflation

Brexit is partly to blame for stubbornly high inflation levels seen in the UK, former Bank of England Governor Mark Carney told the Telegraph...

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...

Peru Maintains Interest Rates at 22-Year High as Inflation Cools Down

Peru held interest rates at a 22-year high to ensure that inflation slows decisively toward its target. The central bank left its benchmark interest rate...

Analyzing the Factors Behind the High and Resistant UK Inflation

While a post-pandemic burst of inflation has abated across much of the developed world, Britain is still stuck with the highest price growth among...

Czech Republic Takes Action: Lending Rules Relaxed as High Rates Cool Housing Market

The Czech central bank took the first step to ease lending conditions after the highest interest rates in more than two decades curbed credit...

Thailand Raises Interest Rate to 8-Year High, Emphasizes Potential Price Risks

Thailand’s central bank raised its benchmark interest rate to the highest level in eight years, while making a case for retaining a tightening bias...

Analysts in Brazil Lower Inflation Forecasts and Maintain Confidence in High Interest Rate Predictions

Brazil analysts cut their 2023 inflation forecast for the second straight week while reaffirming bets for a slow monetary easing cycle after central bank...

Unveiling the Simple Reason behind Persistent High Inflation

Inflation fell less than expected in April. The UK’s consumer price index was 8.7pc higher last month than in April 2022, down from 10.1pc...

Brazilian Households Experience Growing Defaults in the Face of High Interest Rates

Brazilians are struggling to pay their debts on time, with four out every ten adults facing default, as central bankers keep monetary policy tight...

Israel Raises Interest Rate to 17-Year High

Amid inflation, the Bank of Israel (BOI) announced that it was raising its benchmark interest rate by 0.25 percentage points to 4.75 per cent,...

Reuters Poll: Fed to Maintain Unchanged Rates Throughout the Year; High Risk of U.S. Default

The U.S. Federal Reserve will hold its key interest rate steady this year despite an expected recession, according to a Reuters poll of economists,...

Fed’s Logan Sees No Case for June Pause Yet as Prices Remain High

Dallas Fed President Lorie Logan said the case for pausing interest rate increases at the central bank’s June meeting isn’t yet clear, while her...

Consumer Debt Hits All-Time High of $17 Trillion, Despite Decrease in Mortgage Demand

Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid a sharp pullback in...

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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