Central banking

Financial institution of England set for greatest charge hike in 27 years as inflation soarsFinancial institution of England set for greatest charge hike in 27 years as inflation soars

Financial institution of England set for greatest charge hike in 27 years as inflation soars

[ad_1] LONDON, February 03: Governor of the Financial institution of England Andrew Bailey leaves after a press convention at Financial…

3 years ago
European markets head for mixed open ahead of Fed decisionEuropean markets head for mixed open ahead of Fed decision

European markets head for mixed open ahead of Fed decision

[ad_1] LONDON — European markets are set to open in mixed territory on Wednesday as investors look ahead to the latest…

3 years ago
Philippines inflation, weakening peso pressure central bankPhilippines inflation, weakening peso pressure central bank

Philippines inflation, weakening peso pressure central bank

[ad_1] The weakening of Philippine currency the peso combined with a current account deficit will make rising inflation a feature…

3 years ago
‘Profit recession’ warning as markets wait for aggressive central bank moves‘Profit recession’ warning as markets wait for aggressive central bank moves

‘Profit recession’ warning as markets wait for aggressive central bank moves

[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 13, 2022.Brendan…

3 years ago
Global markets are tanking ahead of a huge week for central banksGlobal markets are tanking ahead of a huge week for central banks

Global markets are tanking ahead of a huge week for central banks

[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, June 1,…

3 years ago
India will need to make a ‘growth sacrifice’ to slow inflation, says JPMorganIndia will need to make a ‘growth sacrifice’ to slow inflation, says JPMorgan

India will need to make a ‘growth sacrifice’ to slow inflation, says JPMorgan

[ad_1] India will need to make a "growth sacrifice" to contain inflation, a JPMorgan economist told CNBC on Thursday.On Wednesday,…

3 years ago
Australia’s central bank raises rates by 50 basis pointsAustralia’s central bank raises rates by 50 basis points

Australia’s central bank raises rates by 50 basis points

[ad_1] People walk past the Reserve Bank of Australia building in Sydney. On May 3, 2022, Australia's central bank raised…

3 years ago
Australia’s interest rate decision May 2022Australia’s interest rate decision May 2022

Australia’s interest rate decision May 2022

[ad_1] Australia's consumer price index jumped 2.1% for the first quarter in 2022, with prices of food, petrol and other…

3 years ago
Russia cuts key interest rate to 14%, says inflation could hit 23% this yearRussia cuts key interest rate to 14%, says inflation could hit 23% this year

Russia cuts key interest rate to 14%, says inflation could hit 23% this year

[ad_1] Russia's President Vladimir Putin (L) and Russian Central Bank Governor Elvira NabiullinaAlexei Nikolsky\TASS via Getty ImagesHowever, with the ruble…

3 years ago
In an unexpected move, China holds back on cutting key rateIn an unexpected move, China holds back on cutting key rate

In an unexpected move, China holds back on cutting key rate

[ad_1] The metropolis of Shanghai, where many foreign businesses are located, entered a two-part lockdown this week as municipal authorities…

3 years ago
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