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Global Banking Monitor
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Sunday, December 10, 2023
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Dollar to Weaken Over Next 2 Years, UniCredit Says
UniCredit Research expects “moderate dollar weakness” over...
Asian Development Bank Commits $100 Billion Investment for Maximum Climate Impact
Setting the scene for a low-carbon and...
Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases
Bank of Canada Governor Tiff Macklem recently...
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Kazakhstan Central Bank Slashes Base Rate to 15.75% in Response to Inflation Trends
Kazakhstan's central bank has announced a reduction in its base rate to 15.75%, a move that aligns with market expectations and comes as a...
Neobank Trends Signal Strategic Fintech Shift in the Long Run
The conditions that came together to incubate the neobank movement are giving way. A new world order is coaxing the challengers to evolve, and...
Riding the Digital Wave: Fintech Trends Reshaping Kazakhstan’s Finance Landscape
Explore the fintech trends reshaping Kazakhstan's financial landscape, from the rise of digital payments and open banking to the growth of super-app ecosystems and the democratisation of capital markets.
RBI’s Rate Pause Aligned with Global Trends, Proving Beneficial
The markets have been on a high for the past few sessions, particularly the Nifty, which consistently touched and even crossed the 18,000 mark...
Fed Indicates Concerns Over High Services Inflation and Lack of Easing Trends
Inflation in key parts of the U.S. service industry "remains elevated and has not shown signs of easing," the U.S. Federal Reserve said in...
Central banker calls for wage restraint in Iceland to slow down inflationary trends
Iceland’s labor market parties must rein in wage growth to help slow interest rate hikes, according to the central banker in charge of western...
Inflation Set to Fall Drastically, as Per Barry Sternlicht’s Assessment Based on Rent Trends
Starwood Capital CEO Barry Sternlicht, who has a net worth of $4.6 billion, says inflation is going to drop—and it’s going to drop hard. In...
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