Global Banking Monitor

Friday, May 17, 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: unexpected

The Bank of Japan’s Unexpected Move – Why It Matters to Markets

The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global financial markets. The central bank loosened its yield curve control...

Russian Central Bank Implements Unexpected Rate Hike, Raises to 8.5%

Russia's central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as...

China’s Unexpected Rate Cut Heightens Expectations of Further Easing Measures

China’s central bank surprised most economists and market participants by cutting a short-term policy interest rate, a sign that officials are increasingly concerned about...

Canada’s Unexpected Rate Hike Highlights Global Struggle in Defining Rate Endpoints

The Bank of Canada’s decision to resume raising interest rates shook global bond markets and underscored the difficult task faced by central banks as...

Canada’s Economy Demonstrates Unexpected Immunity to Rising Interest Rates

Canada’s economy hasn’t buckled under the weight of higher borrowing costs. On the contrary: strong growth has more economists predicting the central bank will...

Nomura Predicts Slower Growth for Indian Economy After Unexpected Expansion

India’s strong economic growth momentum could slow in the coming months, making the central bank shift focus from taming inflation to stimulating demand, according...

Kenya’s Inflation Surprises with an Unexpected Increase as Sugar Prices Surge

Kenya’s inflation rate unexpectedly climbed in May, fueled by soaring sugar prices that outgoing central bank Governor Patrick Njoroge warned may pose a risk...

Indian Central Bank’s Unexpected Decision to Hold Interest Rates Causes Bond Market Rally

India unexpectedly left its benchmark interest rate unchanged and pledged to hike again if needed, joining other central banks in pausing as global banking...

Canadian Economy Shows Unexpected Strength Despite Recent Interest Rate Increases

Canada’s economy kept growing at the start of this year, defying expectations of a stall and eventual technical recession in the face of the...

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