Global Banking Monitor

Sunday, May 5, 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: indicates

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently suggested that the measures taken to tackle inflation are working, indicating a potential pause in the ongoing...

Global Economy Analysis Indicates Likelihood of Euro-Area Recession

A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity...

Bank of Italy Indicates Decrease in Risks to Financial Stability

Risks to financial stability in Italy remain significant but have decreased thanks to a healthier banking system, the country’s central bank said. The Bank of...

Bank of Canada Indicates Rates Could Be ‘Restrictive Enough

Bank of Canada Governor Tiff Macklem said policymakers may have done enough to tame inflation, reinforcing market and economist expectations that short-term rates have...

BOE Governor Indicates Possibility of Further Interest Rate Hikes in the UK

Bank of England Governor Andrew Bailey warned the central bank may have to raise interest rates again and that food and energy costs remain...

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%...

More Americans Facing Loan Rejection, Fed Data Indicates

Americans are increasingly likely to get turned down when they apply for credit, according to a new Federal Reserve survey that shows the combined...

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...

Central Bank Survey Indicates Potential Doubling of Turkey’s Policy Rate

Expectations of a sizable hike in Turkey’s benchmark rate in this month’s policy meeting are gaining traction, fueled by the appointment of investor-friendly names...

US Inflation Report Indicates Fed Rate Pause Could Turn Into a Full Stop

US inflation continues to cool, giving the Federal Reserve room to take a breather from interest-rate hikes this week. The details offer signs it...

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 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’s Villeroy Indicates French Inflation Likely Over its Peak

The rate of consumer-price rises in France has probably passed its peak, the country’s central bank governor, Francois Villeroy de Galhau, said on Wednesday. “We...

Reduction in Fed’s Emergency Loans to Banks Indicates Easing Financial Turmoil

Banks reduced their borrowings from two Federal Reserve backstop lending facilities in the most recent week, a sign that liquidity demand may be stabilizing. US...

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