inflation Archives - Page 3 of 13 - Global Banking Monitor

Global Food Inflation Remains High Across the World

Domestic food price inflation remains high, with Venezuela, Lebanon, Zimbabwe, Argentina and Suriname among the hardest hit countries, according to the World Bank. The most...

Former Bank of England Chief Suggests Recession as a Solution to Tackle Inflation

The Bank of England will need to force Britain into recession to bring inflation back down to its 2pc target, a former member of...

Colombia Maintains Key Rate at 13.25% as Inflation Surpasses Regional Peers

Colombia held interest rates at a 24-year high on Monday to curb inflation that far exceeds that of regional peers. The central bank kept its...

Inflation Eases Further in Sri Lanka, Offering Reprieve in July

Sri Lanka’s inflation pace reached single digits for the first time in 20 months, setting the stage for the central bank to slash borrowing...

RBA Holds Rates Steady as Inflation Eases, Leaves Room for Future Hikes

The Reserve Bank of Australia held interest rates steady on Tuesday as inflation eased in recent months, but said that more rate hikes may...

Europe’s Economy Bounces Back as Inflation Keeps Declining

The euro area economy is growing again, but may struggle to maintain the momentum for the rest of the year. Gross domestic product across the...

Minneapolis Fed Chief Kashkari Optimistic About US Economy Avoiding Recession Amid Continuing Inflation Fight

The odds of the U.S. avoiding a deep recession and achieving a "soft landing" are rising as the Federal Reserve tries to bring down...

Polish Inflation at 17-Month Low, Fueling Rate Cut Speculation

Polish inflation slowed to its lowest rate in 17 months, making it more likely that the central bank will start cutting interest rates as...

India’s Inflation Rate Expected to Breach RBI’s Tolerance Ceiling Once More, Driven by Soaring Food Prices

India's retail inflation rate is likely to breach the central bank's 6% tolerance ceiling again due to sticky pulses and cereal prices even as...

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%...

Turkey’s Central Bank Projects Inflation to Reach 58% — Double Previous Estimate

Turkey’s central bank expects inflation to hit 58% by the end of 2023, its new governor Hafize Gaye Erkan said in her debut news...

Central Bank of Myanmar Takes Steps to Stabilize Currency and Tackle Inflation

Myanmar aims to stabilize its currency to control price pressures, the central bank said, as the kyat weakens in the black market. “The Central Bank...

Bank of England’s Inflation Fight Raises Worries Among Treasury Advisers

Advisers to Chancellor of the Exchequer Jeremy Hunt are increasingly concerned that the Bank of England risks raising interest rates too much in the...

Inflation Downtrend Spurs Global Central Banks to Reevaluate Policy Stance

Top central banks continued with another round of interest rate hikes this week despite cooling inflation, but have now switched in unison to a...

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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