says Archives - Page 2 of 4 - Global Banking Monitor

India’s Central Bank Unlikely to Lower Rates Before February, Says Axis Bank Treasurer, Unless Inflation Slides or Global Crisis Strikes

India's central bank may not cut the key lending rate before February unless inflation falls sharply or a global crisis unfolds, a top treasury...

African Economies’ Debt Outlook Uncertain, Says World Bank Economist

The outlook for Africa's debt sustainability remains "cloudy" as low growth and high inflation challenge the stability of many economies across the continent, the...

ECB reaches a significant stage of rate tightening, says Makhlouf

The European Central Bank is in the final stretch of its historic cycle of interest-rate increases, according to Governing Council member Gabriel Makhlouf. “Given our...

Possible Rating Action Looms as U.S. Debt Talks Exhibit Change in Tone, says Moody’s

Rating agency Moody's expects the U.S. government will continue to pay its debts on time, but public statements from lawmakers during the debt ceiling...

Lebanon’s Economic Recovery Hindered by Expanding Dollarized Cash Economy, Says World Bank

Crisis-hit Lebanon's economic recovery is hampered by a growing dollarised cash economy, which is predicted to be $9.9 billion in 2022, or almost half...

Fed still has its foot on the pedal, says Loomis

The Federal Reserve is most likely halting its interest-rate hikes in June, but a strong easing cycle isn’t in the cards with inflation remaining...

Brazil’s high interest rates attributed to country’s debt, says Central Bank Chief

Brazil’s central bank chief said high levels of public debt are to blame for interest rates steady at a six-year high, countering President Luiz...

Recession risks mounting, Fed options dwindling, says Summers

Former Treasury Secretary Lawrence Summers said the likelihood of a US recession is rising after a series of weak economic indicators and that the...

The US has many banks thanks to Thomas Jefferson, says expert

The U.S. has a lot of banks. So many, in fact, that when one fails or runs into trouble, there can be some confusion...

ECB will keep raising interest rates, says Knot

The European Central Bank has to continue to raise borrowing costs, according to Governing Council member Klaas Knot, conceding that a slower pace of...

Credit Tightening Won’t Trigger Recession, Says Fed President Bullard

St. Louis Federal Reserve President James Bullard on Thursday dismissed concerns of a credit crunch in reaction to the turmoil in the financial system...

US Homebuyers to See Only Small Effects of Bank Crisis, Says Goldman Sachs

If higher mortgage rates and tighter lending standards weren't the dagger for prospective U.S. homebuyers, then recent bank failures would seem to have added...

Yellen says OPEC+ production cut ‘regrettable’ and ‘not positive’ for global growth

said Monday that the unexpected oil production cut announced by OPEC+ is an unconstructive act that will create more uncertainty for the global economy...

JPMorgan says more banks could run out of reserves like SVB if pace of this deposit flight continues

U.S. banks are using reserves to cover for the cash that depositors are withdrawing, setting up a potentially calamitous situation down the road, JPMorgan...

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: says