Global Banking Monitor

Sunday, December 10, 2023

Dollar to Weaken Over Next 2 Years, UniCredit Says

UniCredit Research expects “moderate dollar weakness” over...

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases

Bank of Canada Governor Tiff Macklem recently...

Tag: tightening

BOE Hikes Rates to 5.25% and Signals Persistent Tightening of Policy

The Bank of England raised interest rates to a new 15-year high, warning that its fight against inflation may require tighter borrowing conditions for...

Pakistan Maintains Rates Unchanged Despite IMF’s Call for Tightening

Pakistan’s central bank kept its benchmark rate unchanged despite the International Monetary Fund calling for further tightening to reduce price pressures. The State Bank of...

Fed’s Tightening Cycle Endgame Faces Challenges Amid Easing Financial Conditions

Less tight financial conditions as exhibited by the red-hot stock market may increase the chances that the Federal Reserve hikes rates again before the...

Philippine Central Bank Chief Maintains Openness to Rate Tightening

Philippine central bank Governor Eli Remolona signaled further monetary policy tightening is still on the table for the economy, and said it’s “premature” to...

China’s Unclear Debt Market Faces Tightening Funding Situation

The $9 trillion of Chinese local government bonds that helped drag the rest of the world out of the 2008 financial crisis are a...

IMF Urges Fed and Central Banks to Maintain Tightening Measures in Efforts to Combat Inflation

The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central banks to "stay the course" on monetary policy and...

Australia’s Key Rate Raised in Unforeseen Move, Potential for Further Tightening Ahead

Australia’s central bank unexpectedly raised its key interest rate and kept the door open to further hikes, fretting that policy needs to be tighter...

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...

ECB’s tightening path nearing the end, according to Guindos in interview with Sole

The European Central Bank is in the final leg of its historic cycle of interest-rate increases, according to Vice President Luis de Guindos. “We have...

Japanese Firms Sell Record Short-Term Bonds as BOJ Tightening Looms

Japanese companies are selling record amounts of short-term bonds, a sign they’re bracing for the likelihood that the central bank will dismantle its ultra-low...

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...

Fed official Collins: Further tightening needed, but banks in good shape

Federal Reserve Bank of Boston President Susan Collins said the banking system is sound and more interest-rate increases are needed to bring down inflation. “Inflation...

New Zealand Economy Predicted to Contract in Q4, Posing Risk to Tightening Cycle – Reuters Poll

 New Zealand's economy may have contracted in the fourth quarter, three months ahead of a central bank forecast, a Reuters poll found, as the...

Analysis indicates investors fear the Fed may overdo tightening while awaiting key data

The Federal Reserve's pledge to redouble its inflation-fighting efforts is spooking some investors, who believe it may end up moving too aggressively after moderating...

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