Global Banking Monitor

Tuesday, May 7, 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: officials

Chinese Officials Emphasize Macroeconomic Policy Support for High-Quality Development

We begin with measures to bolster China’s real economy where policymakers today stressed the importance of macroeconomic policy support to boost the economy and...

Former Bank of England Officials Argue for 6% Interest Rates to Tackle Inflation

The Bank of England will have to raise interest rates to at least 6 per cent to curb soaring inflation, several of its former...

Two Fed Officials Advocate for Additional Interest-Rate Hikes to Tackle Rising Prices

Two Fed Officials Advocate for Additional Interest-Rate Hikes to Tackle Rising Prices Two Federal Reserve hawks saw the need to raise interest rates further this...

Fed officials exercise caution on interest rates amid credit and price pressures

Two Federal Reserve officials signaled they favored pausing interest-rate increases, while a third policymaker said the central bank’s task in subduing inflation was not...

Fed policy receives support from officials, yet inflation remains a concern

The Federal Reserve is getting interest rates closer to where they need to be to win the battle against inflation, a pair of U.S....

ECB Officials Unite in Support of Ending Rate Hikes Soon

A growing chorus of European Central Bank officials predicts that interest-rate increases will soon come to an end — signaling a new-found consensus after...

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...

Chinese officials detain staff of US due diligence firm following raid

Chinese authorities have raided the Beijing office of US-headquartered due diligence firm Mintz Group and detained five staff. “We can confirm that Chinese authorities have...

Fed officials expect to keep interest rates elevated for ‘some time,’ minutes show

Federal Reserve officials reaffirmed their commitment to fighting inflation at their December meeting and indicated that interest rates could remain elevated for some time...

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