interest Archives - Page 2 of 8 - Global Banking Monitor

Deutsche Bank CFO Criticizes ECB’s Decision to Scrap Interest on Reserves

Deutsche Bank AG Chief Financial Officer James von Moltke said the European Central Bank was burdening banks with the costs of monetary policy after...

Denmark Raises Key Interest Rate by 25 Basis Points in Line with ECB Decision

Denmark’s central bank mirrored its European counterpart and added 25 basis points to its benchmark interest rate to support the krone’s peg to the...

ECB’s Decision to Scrap Interest on Reserves Deals $6 Billion Blow to Banks

The European Central Bank will stop paying banks for the money they are required to keep at the institution as a minimum reserve, a...

European Central Bank Raises Interest Rates to Highest Level in 22 Years

Eurozone interest rates have climbed to the highest level for 22 years as the European Central Bank indicated it is preparing to take borrowing...

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...

Understanding How the Federal Reserve Affects Savings Account Interest Rates

When the Federal Reserve changes interest rates, consumers feel the ripple effects in all sorts of ways. For savers, banks offering top rates tend to...

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...

Treasury Yields Rise as Investors Assess Impending Interest Rate Decisions

U.S. Treasury yields were higher Tuesday as investors awaited the Federal Reserve’s interest rate decision and assessed the outlook for monetary policy decisions from...

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...

Bank of Canada Predicted to Maintain 5% Interest Rate Amidst Resilient Economy

Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates at a 22-year high. The economy will...

Bank Indonesia to Hold Interest Rates Steady in Anticipation of Key Fed Meeting

Indonesia’s central bank will likely keep its benchmark interest rate at a four-year high to support the rupiah amid expectations the Federal Reserve will...

UK Banks Outshine Global Competitors in Passing Interest Rate Benefits to Savers

UK banks have handed more of the benefits of interest rate rises to savers than their counterparts in Europe or the US, as politicians,...

U.S. Banks Concerned About Interest Income Weakness Despite Upbeat Quarter

Comerica and Huntington Bancshares on Friday sharply cut their interest income growth forecasts for 2023, the latest U.S. banks to sound the alarm over...

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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