Global Banking Monitor

Thursday, May 2, 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: inflation

Mexico’s Central Bank Alerts to Inflation Risks Amid Robust Demand

Mexico’s central bank signaled that it needs to see clearer evidence of disinflation before it can join the regional trend for interest rate cuts. Consumer...

Bank of England Governor Warns Against Underestimating Inflation Impact

UK inflation might not fall as quickly as some are hoping, the governor of the Bank of England has warned. Andrew Bailey told MPs that...

South African Inflation Reaches Five-Month High Ahead of Rate Decision

South African annual inflation quickened to a five-month high in October, a reading that’s unlikely to persuade the central bank to hike rates as...

Canada’s Slowing Inflation Sparks Potential for Rate Cuts

Consumer prices in Canada rose at the slowest pace since June, a reassuring sign for central bank policymakers that rates are now high enough...

BOE Governor Advises Markets Against Quick Expectations of Inflation Reduction

Andrew Bailey has warned markets against underestimating the persistence of UK inflation and stressed he expected the Bank of England would keep interest rates...

Australia’s Central Bank Chief Sounds Alarm on Inflation Challenges Ahead

Australia's Central Bank Chief Sounds Alarm on Inflation Challenges Ahead The head of Australia's central bank on Tuesday said that inflation is the crucial challenge...

US Inflation Data to Offer Relief for the Fed

A closely watched measure of US inflation will probably illustrate more of the moderate price growth that the Federal Reserve wants to see sustained. The...

CBE Anticipates Inflation to Peak in H2 2023 in Egypt

The Central Bank of Egypt (CBE) expects inflation rates to reach their peak in the second half (2H) of 2023, provided that they decline...

Inflation in Pakistan Soars to 29.8% Due to Surge in Food and Energy Prices

A series of sharp rises in energy and food prices in Pakistan, pushed its weekly inflation up by 1.30 per cent and annualised inflation...

Fed’s Bowman Suggests More Hikes May Be Necessary to Tackle Inflation

Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability. “Additional rate...

Uruguay’s Inflation Rate Drops to 4.8%, the Lowest Level Since 2005

Uruguay’s inflation rate last month fell to its lowest level in nearly 18 years as price gains cooled for food, clothing and gasoline. Consumer prices...

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...

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...

South Korea’s Inflation Reaches 25-Month Low

South Korea's consumer price growth slowed for the sixth straight month in July to the lowest level in 25 months on the back of...

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