march Archives - Global Banking Monitor

Mortgage Rates Experience Significant Dip, Marking Biggest Decline Since March

U.S. mortgage rates inched lower this week, backing off from an eight-month high as inflation showed welcome signs of cooling. Mortgage buyer Freddie Mac said...

Egypt’s Headline Inflation Rate Jumps to 32.7% in March

Egypt's annual urban consumer inflation rate in March climbed to 32.7% year-on-year, just shy of an all-time record, from 31.9% in February, data from...

Indonesia’s Central Bank Reports Increase in Forex Reserves to $145.2 Billion in March

Indonesia's foreign exchange reserves increased by nearly $5 billion to $145.2 billion in March, due to the government's offshore loan withdrawal and tax income,...

Signs of Bank Crisis Relief Evident in Shrinking FHLB Debt Issuance During Late March

The Federal Home Loan Bank system issued $37 billion in debt in the last week of March, a sharp drop-off from the $304 billion...

US bank lending sees largest drop on record in last weeks of March

US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the...

US bank lending sees steepest decline on record in late March

US bank lending contracted by the most on record in the last two weeks of March, indicating a tightening of credit conditions in the...

Sri Lanka’s FX Reserves Surge to $2.69 Billion in March with IMF Assistance

Sri Lanka’s foreign exchange reserves grew in March to the highest in over a year after the South Asian nation clinched a $3 billion...

Russia reports cutting oil output by 700,000 barrels per day in March

Russia’s Energy Ministry said the nation reduced its oil output by about 700,000 barrels a day last month, according to a person familiar with...

Bank Investors Familiar with March Swoon

Bank stocks are reeling again in the wake of this month’s turmoil. They face a long road to win back investors. The abrupt collapses of...

Fed officials defend March rate hike citing high inflation and strong banks

Two Federal Reserve officials said Thursday the Federal Reserve's decision last week to raise interest rates by another 0.25% was necessary because inflation remains...

Markets Prepare for Continued Instability as March Comes to a Close

Global financial markets are poised for another week of turmoil, as traders close out a dizzying month in which worries about US and European...

Goldman Abandons March Rate Hike Prediction as Traders Reverse Fed Bets

Less than a week after Federal Reserve Chair Jerome Powell opened the door to a re-acceleration in the pace of interest-rate hikes, traders slammed...

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

Tag: march