Global Banking Monitor

Thursday, May 9, 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: remains

Bank of Japan Takes Steps Toward Normalization, but Full Transition Remains Incomplete

The news that economic policy minister Yoshitaka Shindo would be in attendance at the Bank of Japan’s policy meeting had sparked market speculation about...

Consistent at 2.4%: Eurozone Inflation Remains Unchanged in November

Eurozone inflation remained at year-on-year level of 2.4% in November, in a reading that met estimates. Month-on-month it dropped 0.6%, a faster clip than the...

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,...

Global Food Inflation Remains High Across the World

Domestic food price inflation remains high, with Venezuela, Lebanon, Zimbabwe, Argentina and Suriname among the hardest hit countries, according to the World Bank. The most...

US Labor Market Remains Tight While Housing Market Slump Persists

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, touching the lowest level in two months amid ongoing labor...

Fed Remains Open to Further Rate Hike Following Anticipated Increase This Month

Federal Reserve policymakers are primed to resume raising interest rates this month and remain open to a further increase later in the year. While officials...

Philippine Central Bank Remains Open to Potential Further Rate Hike

New Philippine central bank Governor Eli Remolona signaled that further monetary policy tightening is still on the table for the Southeast Asian country, and...

ECB Chief Indicates Future Rate Hikes as Inflation Remains ‘Strong’

European Central Bank head Christine Lagarde said Monday that price pressures are “strong” and made clear that the bank will raise interest rates high...

Sri Lanka’s central bank to keep rates unchanged as inflation remains elevated

Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy...

Fed policy receives support from officials, yet inflation remains a concern

The Federal Reserve is getting interest rates closer to where they need to be to win the battle against inflation, a pair of U.S....

Consumer Spending in China Remains Subdued, According to Companies

China has yet to see a strong rebound in consumer spending, according to major companies. Consumer spending is recovering in an imbalanced way, which means...

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