Global Banking Monitor

Friday, May 10, 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

Uruguay’s Inflation Rate Drops to 4.8%, the Lowest Level Since 2005

Uruguay’s inflation rate last month fell to its lowest level in nearly 18 years as price gains cooled for food, clothing and gasoline. Consumer prices...

Mexico’s Central Bank Remains Confident in Current Rate, Regardless of Fed’s Actions

Bank of Mexico board member Jonathan Heath said in an interview published Wednesday he believed Mexico's benchmark interest rate was at the correct level,...

Georgian Central Bank Lowers Key Interest Rate by 25 Basis Points to 10.25%

Georgia's central bank cut its key refinancing rate to 10.25% from 10.5% on Wednesday, citing a decline in inflation, but said that risks remained...

European Markets Set for Volatile Opening Prior to Bank of England Rate Decision

European markets are set to open choppy as investors continue to assess earnings season and await the Bank of England’s rate decision, expected midday...

Bank of England Evaluates Possibility of Slower UK Rate Hikes

The Bank of England is likely to boost interest rates again on Thursday, but a slowing in the pace of inflation may give policymakers...

Egypt Explores Solutions Beyond Rate Hike to Tackle Record Inflation

Not even record inflation looks likely to spur Egypt’s first interest-rate hike since March, with policymakers seen raiding other parts of their toolbox to...

Australia Extends Rate Pause for Second Consecutive Month as Prices Ease

Australia’s central bank kept its key interest rate unchanged on Tuesday following a cooling of inflation pressures and weaker household spending, while keeping the...

Thailand Poised to Raise Key Interest Rate to Nine-Year High

Thailand’s central bank is poised to deliver another rate increase in line with an unwavering post-pandemic tightening strategy despite rapid disinflation and political gridlock. Bank...

Citi Analysts Express Concern at Banks Over China’s Mortgage Rate Push

China’s use of stronger language in its latest pledge for banks to cut mortgage rates may lead to more pressure on margins, according to...

Colombia Maintains Key Rate at 13.25% as Inflation Surpasses Regional Peers

Colombia held interest rates at a 24-year high on Monday to curb inflation that far exceeds that of regional peers. The central bank kept its...

Polish Inflation at 17-Month Low, Fueling Rate Cut Speculation

Polish inflation slowed to its lowest rate in 17 months, making it more likely that the central bank will start cutting interest rates as...

India’s Inflation Rate Expected to Breach RBI’s Tolerance Ceiling Once More, Driven by Soaring Food Prices

India's retail inflation rate is likely to breach the central bank's 6% tolerance ceiling again due to sticky pulses and cereal prices even as...

Central Banker’s Remark on Prices Signals Possibility of Rate Hikes in the Philippines

Bangko Sentral ng Pilipinas Governor Eli Remolona said upside risks to inflation persist, in comments that indicate the monetary authority is open to further...

Chile Takes Bold Step with Jumbo Interest Rate Cut in Line with Latin America’s Easing Trend

Chile’s central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America’s shift toward looser monetary policy and signaling...

- A word from our sponsors -

spot_img

Follow us

HomeTagsRate