rates Archives - Page 3 of 8 - Global Banking Monitor

Mortgage Rates Experience Significant Dip, Marking Biggest Decline Since March

U.S. mortgage rates inched lower this week, backing off from an eight-month high as inflation showed welcome signs of cooling. Mortgage buyer Freddie Mac said...

First Abu Dhabi Bank’s Quarterly Profit Skyrockets Amidst Higher Interest Rates

First Abu Dhabi Bank PJSC reported a surge in earnings as it benefited from higher rates and improved margins. The United Arab Emirates’ largest lender...

Chinese Banks Maintain Unchanged Lending Rates Following PBOC’s Pause

Chinese banks kept their benchmark lending rates unchanged on Thursday, in line with the central bank’s move earlier this week as policymakers assess the...

Fed Expected to Hike Rates to 22-Year Peak in Economist Poll

Most economists expect the Federal Reserve to lift interest rates one more time next week as it ends a 16-month hiking cycle that has...

African Central Banks to Maintain Tighter Interest Rates for Extended Period

African central banks due to decide on interest rates in the next three weeks are set to keep monetary policy tighter for longer to...

Banks Set to Regulate Interest Rates After Eliminating Cartelization

Banks have individually determined their interest rates following the cancellation of an interest rate cartelization scheme by the Nepal Bankers’ Association. The decision, made...

Latin American Bond Issuers Make a Comeback Despite Continuing High Rates

International bond sales out of Latin America are on the rise again as hopes for US rate cuts this year fade, leading companies and...

JPMorgan Benefits from Profit Growth Due to Higher Interest Rates

JPMorgan Chase said earnings from its lending business would continue to increase this year on the back of higher interest rates as the largest...

Angola Unexpectedly Keeps Interest Rates Unchanged Despite Soaring Inflation

Angola’s central bank unexpectedly kept its key interest rate unchanged for a second successive meeting even as it expects recent currency weakness to drive...

New Zealand Maintains Interest Rates Unchanged as Inflationary Pressures Ease

New Zealand’s central bank kept interest rates unchanged for the first time in almost two years amid signs that the weaker economy is slowing...

ECB’s Visco Suggests Peak in Interest Rates is Approaching

The European Central Bank is "not very far" from a peak in interest rates following a series of increases, Bank of Italy governor Ignazio...

Bangladesh Adopts Higher Interest Rates and Free Float of Currency

Bangladesh’s central bank will allow the currency to float freely, finally giving into demands from the International Monetary Fund to unlock more money from...

Warning of Recession and Job Cuts in Britain if Rates Soar to 6%

Economists are warning that the UK economy faces a sharp recession and a flood of job losses if interest rates hit the 6% level...

New Zealand’s Economy Enters Recession as Higher Interest Rates Take Toll

New Zealand's economy has dipped into recession as higher interest rates take their toll, new figures released Thursday show. Gross domestic product fell by 0.1%...

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

Tag: rates