Global Banking Monitor

Tuesday, May 14, 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: policy

China’s Central Bank Confronts Complex Policy Path amid Impending Deflation

The People’s Bank of China hinted at more policy support for the economy, while also urging patience for the recovery to take hold. Top central...

BOJ Commits to Ultra-Loose Monetary Policy to Boost Economic Growth

The Bank of Japan has said it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth. The central bank has...

Central Bank Survey Indicates Potential Doubling of Turkey’s Policy Rate

Expectations of a sizable hike in Turkey’s benchmark rate in this month’s policy meeting are gaining traction, fueled by the appointment of investor-friendly names...

China’s Central Bank Governor Reaffirms Continuity of Stable Policy Position

China’s central bank will keep monetary policy targeted and ensure credit growth is stable, Governor Yi Gang said, keeping the policy stance largely unchanged...

Goldman Sachs Suggests “Fully Orthodox” Policy Maker Might Increase Turkey’s Rates to 40%

Goldman Sachs said on Friday the appointments of Mehmet Simsek as Turkish finance minister and Hafize Gaye Erkan as central bank governor suggested a...

Bank of Canada Sends Shockwaves through Markets with 4.75% Policy Rate Hike

The Bank of Canada defied expectations by restarting its interest-rate tightening campaign, saying the economy is running too hot. Policymakers led by Governor Tiff Macklem...

RBI’s Stance Under Scrutiny as Markets Await Potential Pause in Policy Shift

The Reserve Bank of India is expected to pause for a second straight meeting as inflation eases and market watchers are looking for cues...

BOJ Policy Tweak Pressure Subsides with Enhanced Liquidity in JGB Market

Futures suggest that Japan’s bond market is functioning better, reducing pressure on the central bank to alter its monetary-easing program. The spread between the June...

IMF Urges BOJ to Maintain Ultra-Low Rates, Emphasizes Readiness for Policy Shift

The Bank of Japan must keep monetary policy ultra-loose as it will take time to re-anchor inflation expectations to its 2% target, International Monetary...

ECB Issues Warning on Potential Impact of BOJ Policy Change on Global Bond Markets

A rare European Central Bank warning about the bond market risk of a Bank of Japan policy change comes at a time when Japanese...

BOJ chief advocates for maintaining an ultra-easy policy with patience

Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will patiently maintain its ultra-loose monetary as there is some distance to...

Vietnam’s Central Bank Plans Additional Policy Rate Cuts

The State Bank of Vietnam will cut the refinancing rate by 50 basis points to 5 per cent from Thursday in the latest move...

Bank of England Recognizes the Importance of Adapting Monetary Policy to Handle Major Shocks

The head of the Bank of England has said there are "very big lessons" to learn about how the central bank has dealt with...

Policy Pivot Triggers Rate-Cut Bets across Emerging Asia

Traders accustomed to aggressive interest-rate hikes across Asia are now seeking to gauge when the region’s central banks will begin cutting, a pivot that...

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