Global Banking Monitor

Saturday, April 27, 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: rate

Kazakhstan Central Bank Slashes Base Rate to 15.75% in Response to Inflation Trends

Kazakhstan's central bank has announced a reduction in its base rate to 15.75%, a move that aligns with market expectations and comes as a...

India’s Bond Market Poised for Expansion Amid Central Bank Rate Reductions

Deutsche Bank analysts predict a bullish future for India's bond market, anticipating central bank rate cuts that could range between 25-50 basis points next...

Turkey’s Central Bank Implements Steep Interest Rate Hike to 40%

Turkey's central bank has raised its main interest rate to 40% as part of a concerted campaign to tackle soaring inflation in the country. The...

South African Inflation Reaches Five-Month High Ahead of Rate Decision

South African annual inflation quickened to a five-month high in October, a reading that’s unlikely to persuade the central bank to hike rates as...

Indonesia Poised for Cautious Rate Pause Amid Fragile Rupiah Improvement

Indonesia’s central bank is expected to keep its benchmark interest rate steady, while staying on guard against external volatility that could reverse the rupiah’s...

Turkey Nearing Possible Rate Milestone Beyond 36% if Rates Rise

Turkey is turning another corner in ending an era of ultra-loose monetary policy. The central bank will likely take interest rates above zero relative to...

Canada’s Slowing Inflation Sparks Potential for Rate Cuts

Consumer prices in Canada rose at the slowest pace since June, a reassuring sign for central bank policymakers that rates are now high enough...

Central Bank of Brazil Can Pursue Rate Reductions, States Campos Neto

Brazil’s central bank has room to continue lowering interest rates as inflation is well-behaved even if still a bit above the target, Governor Roberto...

BOE Governor Indicates Possibility of Further Interest Rate Hikes in the UK

Bank of England Governor Andrew Bailey warned the central bank may have to raise interest rates again and that food and energy costs remain...

Goldman Predicts Accelerated Investment in India, Anticipates Rate Cut Post-Elections

Goldman Sachs Group Inc. expects Indian businesses to boost investment, the central bank to cut interest rates and inflation to remain elevated after elections...

Nigerian Central Bank Cancels Rate Meeting Amid Naira’s Sharp Decline

Nigeria’s central bank scrapped a meeting of its monetary policy committee for a second time since Governor Olayemi Cardoso was nominated to the post...

UK House-Building Declines Again Amidst Impact of Rate Hikes: PMI

Britain’s construction sector returned to growth in July but house-builders suffered another sharp contraction due to higher interest rates and fears about the outlook...

Fed’s Bowman Suggests More Rate Hikes May Be Necessary

Federal Reserve Governor Michelle Bowman said the US central bank may need to raise rates further in order to fully restore price stability. “Additional rate...

Jim Chalmers: Employment Rate and Wages Outcomes ‘Decoupled

Australians need not be frightened by the thought that only higher unemployment alone will ease inflation, Treasurer Jim Chalmers says. Earlier this year, incoming RBA...

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