Global Banking Monitor

Tuesday, May 7, 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: hikes

Gulf Central Banks Align with Fed, Pausing Rate Hikes

Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to hold interest rates in order to...

ECB Pushes Ahead with Rate Hikes Despite Economic Setbacks

The European Central Bank is all but certain to raise borrowing costs to their highest level in 22 years on Thursday and leave the...

Gulf Central Banks Align with Fed, Pausing Rate Hikes

Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to hold interest rates in order to...

BOE Takes Lead in Interest Rate Hikes, But Trails Behind in Completion

The Bank of England was the first major central bank to start raising interest rates. Money markets are betting it may be the last...

Fed to Take Pause and Evaluate Impact of Rate Hikes

Federal Reserve policymakers are about to take their first break from an interest-rate hiking campaign that started 15 months ago, even as they confront...

Norway’s Core Inflation Reaches Historic Speed, Fueling Speculation of Rate Hikes

Norway’s underlying inflation unexpectedly accelerated to a record-high pace last month, cementing expectations that the central bank will prolong its interest rate-hiking campaign beyond...

Bank of Canada Poised to Resume Interest Rate Hikes, Indicates Readiness

The Bank of Canada probably isn’t done raising interest rates. Whether they move now or in July, policymakers led by Governor Tiff Macklem are expected...

ECB President Suggests Possibility of Additional Interest Rate Hikes

President of the European Central Bank (ECB), Christine Lagarde has hinted at more interest rate hikes, re-affirming the ECB's commitment to combating inflation. At a...

ECB Chief Indicates Future Rate Hikes as Inflation Remains ‘Strong’

European Central Bank head Christine Lagarde said Monday that price pressures are “strong” and made clear that the bank will raise interest rates high...

ECB President Lagarde Warns of Intensifying Price Pressures, Signals Further Rate Hikes

European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further to tackle them — cementing expectations...

ECB’s Visco Expresses Preference for Gradual Rate Hikes Instead

The European Central Bank’s monetary policy is correct though a more gradual approach to raising interest rates would have been preferable, Governing Council member...

UK Faces ‘Mild Recession’ Due to Rate Hikes, Predicts Moody’s

The UK is headed for a “mild recession” this year as higher-than-expected inflation and rising interest rates take their toll on household finances, according...

ECB Sounds Alarm on Market Stability Due to Rate Hikes

The European Central Bank said that financial markets will be vulnerable to negative shocks as it continues the fight against inflation, with real estate...

Colombia’s central bank may consider ending rate hikes if inflation continues to decelerate, according to board chief

Colombia's central bank could call time on its upward monetary cycle after inflation in Latin America's fourth-largest economy slowed in May, bank board chief...

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