Global Banking Monitor

Sunday, December 10, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

Tag: moody’s

UK Faces ‘Mild Recession’ Due to Rate Hikes, Predicts Moody’s

The UK is headed for a “mild recession” this year as higher-than-expected inflation and rising interest rates take their toll on household finances, according...

Possible Rating Action Looms as U.S. Debt Talks Exhibit Change in Tone, says Moody’s

Rating agency Moody's expects the U.S. government will continue to pay its debts on time, but public statements from lawmakers during the debt ceiling...

Moody’s upgrades ratings for six major Saudi companies, including PIF and Aramco

Saudi Arabia’s Public Investment Fund and energy giant Aramco are among six firms in the Kingdom to have their ratings boosted from stable to...

Moody’s Chief Economist Mark Zandi expresses disappointment and calls the Fed’s latest interest rate hike unnecessary

The Fed’s Wednesday interest rate hike is likely to add to headwinds facing the U.S. economy, according to the chief economist of Moody’s Analytics,...

Moody’s Downgrades Outlook on US Banking System to Negative Citing Deteriorating Operating Environment

In a harsh blow to an already-reeling sector, Moody’s Investors Service cut its view on the entire banking system to negative from stable. The firm,...

Moody’s downgrades U.S. banking system’s outlook to negative citing bank runs

Moody's Investor Service changed its outlook on the U.S. banking system from stable to negative on Monday, pointing to the bank runs on multiple...

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