rate Archives - Page 4 of 14 - Global Banking Monitor

Denmark Raises Key Interest Rate by 25 Basis Points in Line with ECB Decision

Denmark’s central bank mirrored its European counterpart and added 25 basis points to its benchmark interest rate to support the krone’s peg to the...

GDP Report: US Economy’s Q2 Growth Exceeds Anticipated Rate

The US economy grew at a faster-than-expected pace in the second quarter of 2023, adding to signs that the threat of a recession has...

Saudi Central Bank Announces 25 bps Increase in Repo Rate to 6%

The Saudi central bank, known as SAMA, increased key rates by 25 basis points on Wednesday, it said in a statement, following the Federal...

Bank of Canada Minutes Reveal Discussion on Delaying Rate Hike at Last Meeting

The Bank of Canada discussed delaying a hike to its key overnight rate at the last meeting before deciding on a raise to ensure...

Fed’s Interest Rate Hike: Identifying the Biggest Winners and Losers

The Federal Reserve announced that it’s raising interest rates by 0.25 percentage point, following its July 25-26 meeting, boosting the federal funds rate to...

ECB Plans Another Interest Rate Hike as Finish Line Comes Into View

The European Central Bank is set to lift interest rates by another quarter-point as investors ponder if this could be the final salvo in...

Bank Indonesia Holds Policy Rate Steady, Lowers RRR for Select Banks

Bank Indonesia kept its key rate at a four-year high to shield the rupiah ahead of a widely expected tightening by the US central...

Treasury Yields Rise as Investors Assess Impending Interest Rate Decisions

U.S. Treasury yields were higher Tuesday as investors awaited the Federal Reserve’s interest rate decision and assessed the outlook for monetary policy decisions from...

Ghanaian Central Bank Urges Stricter Fiscal Measures amid Latest Interest Rate Hike

Ghana's central bank called on Monday for tighter fiscal policy to help bring down stubbornly high inflation as it hiked its main interest rate...

Bank of Canada Predicted to Maintain 5% Interest Rate Amidst Resilient Economy

Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates at a 22-year high. The economy will...

Nigeria’s Rate Decision Puts Central Bank Autonomy to the Test

The Central Bank of Nigeria’s first interest rate decision since Godwin Emefiele’s removal as governor will be a litmus test of its inflation-fighting mettle...

UK Banks Outshine Global Competitors in Passing Interest Rate Benefits to Savers

UK banks have handed more of the benefits of interest rate rises to savers than their counterparts in Europe or the US, as politicians,...

Russian Central Bank Implements Unexpected Rate Hike, Raises to 8.5%

Russia's central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as...

Bernanke Anticipates Next Fed Interest Rate Hike Could Mark the End of a Trend

The Federal Reserve’s widely expected increase in interest rates next week may prove to be the last in its current credit-tightening campaign, former Chair...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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