hike, Archives - Global Banking Monitor

Deutsche Bank’s Postbank Under Pressure as Employees Seek 15.5% Pay Hike

Deutsche Bank AG is facing a demand for a 15.5% pay increase at its Postbank retail business, adding to cost pressures for Chief Executive...

Turkey Implements Another Interest Rate Hike Alongside New Tightening Measures

Turkey’s central bank delivered its seventh straight interest-rate hike as part of efforts to curb inflation that’s seen accelerating to 70% in the coming...

Rate Hike Era Ends: Federal Reserve Shifts Attention to Timing of Potential Cuts

The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of monetary policy is...

Riksbank’s Thedeen Views 50-50 Probability for Another Rate Hike

Sweden’s Riksbank is as likely to raise its benchmark rate as to keep it unchanged, and could take action if the krona weakens again...

Turkey’s Central Bank Implements Steep Interest Rate Hike to 40%

Turkey's central bank has raised its main interest rate to 40% as part of a concerted campaign to tackle soaring inflation in the country. The...

Egypt Explores Solutions Beyond Rate Hike to Tackle Record Inflation

Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding other parts of their toolbox to...

Major Banks Face Capital Hike of Up to 19% as per Proposed US Regulations

US regulators are proposing that big banks increase their capital levels to protect against future blowups following a regional banking crisis, one of the...

Bank of Canada Minutes Reveal Discussion on Delaying Rate Hike at Last Meeting

The Bank of Canada discussed delaying a hike to its key overnight rate at the last meeting before deciding on a raise to ensure...

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...

Fed’s Interest Rate Hike: Identifying the Biggest Winners and Losers

The Federal Reserve announced that it’s raising interest rates by 0.25 percentage point, following its July 25-26 meeting, boosting the federal funds rate to...

ECB Plans Another Interest Rate Hike as Finish Line Comes Into View

The European Central Bank is set to lift interest rates by another quarter-point as investors ponder if this could be the final salvo in...

Ghanaian Central Bank Urges Stricter Fiscal Measures amid Latest Interest Rate Hike

Ghana's central bank called on Monday for tighter fiscal policy to help bring down stubbornly high inflation as it hiked its main interest rate...

Russian Central Bank Implements Unexpected Rate Hike, Raises to 8.5%

Russia's central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as...

Bernanke Anticipates Next Fed Interest Rate Hike Could Mark the End of a Trend

The Federal Reserve’s widely expected increase in interest rates next week may prove to be the last in its current credit-tightening campaign, former Chair...

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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