Global Banking Monitor

Friday, April 19, 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: price

Binance Chief’s DOJ Charges Lead to Crypto Price Decline

Cryptocurrencies fell Tuesday after Binance founder and CEO Changpeng Zhao, also known as “CZ,” pleaded guilty to criminal charges brought by the U.S. Department...

World Gold Council Explores the Determinants of Gold’s Price Movement

During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But...

Saudi Arabia’s Economy Slows Due to Oil Cuts and Price Decline

Saudi Arabia’s growth slumped in the second quarter as a drop in oil prices and the government’s decision to cut production push the country...

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%...

Japan’s Price Growth Picks Up Speed Ahead of BOJ Inflation Update

Japan’s consumer prices advanced at a faster clip in June in another indication of lingering stickiness in inflation ahead of next week’s Bank of...

US Banks Caution Stricter Capital Rules Could Lead to Price Increases

U.S. bank executives warned on Friday that looming higher capital requirements would raise prices for financial products and push activity into less regulated sectors...

Barclays and Yes Bank Raise India’s Inflation Projection in Response to Price Jump

A higher-than-expected India inflation reading in June has prompted some economists to raise their forecasts for consumer price gains for the year, cementing expectations...

ECB President Lagarde Warns of Intensifying Price Pressures, Signals Further Rate Hikes

European Central Bank President Christine Lagarde said inflation pressures remain powerful and borrowing costs will be raised further to tackle them — cementing expectations...

ECB Views Core Price Trend in May as Cause for Concern

Most European Central Bank officials expressed concern over the path of underlying consumer prices — the key focus in determining how high they push...

Thailand Raises Interest Rate to 8-Year High, Emphasizes Potential Price Risks

Thailand’s central bank raised its benchmark interest rate to the highest level in eight years, while making a case for retaining a tightening bias...

Tokyo Inflation Decelerates, Aligning with BOJ’s Current Price Outlook

Inflation in Tokyo slowed in May, an outcome that offers support for the Bank of Japan’s view that price gains will slow toward the...

LSE Paper Reveals Brexit as Cause of One-Third of UK Food Price Inflation

Brexit is responsible for a third of UK food price inflation since 2019, according to research by the London School of Economics that undermines...

Federal Reserve’s Interest Rate Trajectory Depends on Balancing Stable Banks and Price Stability

Federal Reserve policymakers are increasingly grappling with a critical question: How much should they weigh the adverse impact of their interest-rate hikes on banks...

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...

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