Global Banking Monitor

Sunday, April 28, 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: june

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%...

UK Consumers Defy High Inflation, Show Increased Shopping Activity in June

British retail sales grew faster than expected in June despite continued high inflation, thanks to unusually hot weather and a rebound in food sales...

Fed Announces June 28 Release Date for Banks’ Stress Test Results

The US Federal Reserve will unveil on June 28 the results of its annual stress tests, which examine banks’ ability to withstand crises. The yearly...

Federal Reserve Expected to Maintain Hold in June, but One-Third of Economists Anticipate Imminent Hike

The U.S. Federal Reserve will not raise interest rates for the first time in well over a year at its June 13-14 meeting, according...

Fed Set to Skip June Rate Hike, Entering a Lengthy Pause before Potential Cuts, Morgan Stanley Reports

The Federal Reserve looks set to kick the rate-hike can down the road in June, but is unlikely to pick it up, Morgan Stanley...

Fed Should Deliberate a Potential Half-Point Rate Increase in July, Advises Summers in Case of June Pause

The Federal Reserve should be open to raising interest rates by a half percentage point in July if it opts to hold off from...

Harker from the Federal Reserve Urges FOMC to Consider Skipping June Rate Hike

Federal Reserve Bank of Philadelphia President Patrick Harker said the US central bank is close to the point where it can stop raising interest...

Treasury Secretary Yellen sets June 5 as final day to raise debt ceiling

U.S. Treasury Secretary Janet Yellen on Friday set a deadline for raising the federal debt limit, saying the government would default if Congress does...

Fed’s Logan Sees No Case for June Pause Yet as Prices Remain High

Dallas Fed President Lorie Logan said the case for pausing interest rate increases at the central bank’s June meeting isn’t yet clear, while her...

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