The Bank of Canada must loosen monetary policy at a faster pace
The central bank’s mandate is to keep inflation stable and predictable; its primary tool is adjusting the policy interest ...
Most Asian central banks have room to cut rates, IMF official says
Most Asian central banks have room to cut interest rates, as the start of the U.S. monetary easing cycle reduces fears of an ...
Fed 'policy error' chatter is way too premature
Last month Federal Reserve Chair Jerome Powell and his colleagues were lauded for starting their policy easing cycle with a ...
Only Second Bank Failure This Year
Only two bank failures in 2024 reflect the Federal Reserve's successful quantitative tightening strategy over the past 2.5 ...
Lower inflation allows BoE to be more aggressive in easing rates
Ahead of September’s CPI figures, the Bank of England governor Andrew Bailey said that lower inflation would mean that the ...
Bloomberg L.P.22h
Turkish Banks’ Margin Outlook Constrained by High Interest Rates
Tight monetary policy and limitations on lending are weighing on Turkish banks’ outlook, prompting analysts to predict a ...
International Monetary Fund10h
The Managing Director's Global Policy Agenda, Annual Meeting 2024: Secure A Soft Landing And Break From The Low Growth–High Debt Path
The global economy has proven resilient, and a soft landing is within reach. Inflation has moderated thanks to tight monetary policy and fading supply shocks, and growth is expected to remain steady.
Mint1h
How public speeches have become RBI’s tool for signalling crackdowns
According to a former RBI executive, most of what the governor and deputy governors say have been used over the years to look ...
RBNZ’s Orr Wishes People Would Read Detailed ‘Record of Meeting’
New Zealand central bank governor Adrian Orr said he wishes more people would read the bank’s detailed report on its policy ...
Analytics Insight15h
Gold Price Hits Record High: What’s Driving Demand in 2024?
Gold price reached new heights in 2024, with spot prices hitting a record of $2,758.37 per ounce on international markets.
Cyprus Mail17h
Cyprus Business Now: rating agency report, CBC governor, housing conference
The European Central Bank (ECB) has scope to further cut its key interest rates as inflation moves closer to its target, but ...
RBI's Nagesh Kumar votes for 25bps cut while other members hold status quo stance: Minutes
While all the other members of the Reserve Bank of India held their view for a status quo on interest rates, one member of the committee voted for a rate cut. As per the minutes of RBI monetary policy ...