Global Banking Monitor

Tuesday, May 14, 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: rises

Japanese Inflation Rises Amid Increasing BOJ Pivot Expectations

Japan’s core consumer price growth picked up slightly in October, after easing the previous month, reinforcing investors’ views that stubborn inflation may push the...

Dollar Rises on the Back of Fed Loan Survey, Yen Slides

The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during...

Gold Rises as Top Central Banks Adopt More Cautious Approach

Gold yesterday settled up by 0.5% at 60082 as top central banks switch to a more cautious posture about further moves in their year-long...

Australia’s Recession Risk Rises as RBA Highlights the Bumpy Path to Achieve Low Inflation

The risk of Australia's economy slipping into recession has risen sharply, after the central bank surprised markets this week by raising rates and warned...

UK Mortgage Lending Takes a Hit After Unforeseen Interest Rate Rises

UK mortgage approvals fell unexpectedly, and borrowers repaid debt at a historic pace after soaring interest rates increased the cost of serving loans. The figures...

Powell: Less Aggressive Rate Rises Could Effectively Curb Inflation

Federal Reserve Chair Jerome Powell said Friday that stresses in the banking sector could mean that interest rates won’t have to be as high...

Philippine Central Bank Considers Pausing Rate Rises Amid Slowing Inflation

The Philippine central bank may consider pausing its monetary tightening next month if April inflation does not accelerate, the bank's governor said on Sunday. Bangko...

Fed’s Preferred Inflation Measure Rises Below Expectations, Spending Moderates

A key gauge of US inflation rose last month by less than expected and consumer spending stabilized, suggesting the Federal Reserve may be close...

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