Lula Irked by Central Bank’s Lack of Clarity on Rate Cuts
President Luiz Inacio Lula da Silva and his economic team were irked by some highly-anticipated comments from the
2023-06-22 20:52
Bank of England’s Shock Rate Rise Divides UK Economist Reaction
The Bank of England’s shock decision to raise borrowing costs a half percentage point divided business groups, consumer
2023-06-22 20:52
Europe’s Inflation Retreat to Be Hindered by Cheap German Travel
Germany’s rollout of ultra-cheap public transport last summer is set to reverberate through its upcoming inflation readings, causing
2023-06-22 17:46
EU Banks Expand Risk Scenarios They Face From Climate Change
European banks are building out their risk models to better prepare for the fallout from climate change, with
2023-06-22 17:25
Indonesia, Philippine Stand Pat Amid Easing Price Pressures
Central banks in Indonesia and the Philippines kept borrowing costs unchanged as expected, with both signaling rates will
2023-06-22 17:21
Powell Defies DC Critics and Makes Case for Why Rates Must Rise
Jerome Powell would like to make one thing clear: the Federal Reserve is not done hiking interest rates.
2023-06-22 16:22
SNB Dials Down Interest-Rate Hiking With Only Quarter-Point Move
The Swiss National Bank delivered the smallest interest-rate hike since it began monetary tightening a year ago while
2023-06-22 15:51
Philippines Keeps Key Rate Unchanged Again as Inflation Slows
The Philippine central bank kept its benchmark interest rate unchanged for a second consecutive meeting as inflation continued
2023-06-22 15:23
Decision on Who Will Be Next RBA Governor Is Likely in July, Treasurer Chalmers Says
Australian Treasurer Jim Chalmers expects to decide in July on the governor of the Reserve Bank, with incumbent
2023-06-22 11:54
Brazil Central Bank Keeps Interest Rate Unchanged at a Six-Year High
Brazil’s central bank kept its key interest rate unchanged at a six-year high and stopped short of endorsing
2023-06-22 09:51
Finance Chief Says Colombia Could Cut Key Rate by September
Colombia could potentially start to ease monetary policy within three months as inflation cools and the peso stabilizes
2023-06-22 08:53
Powell Signals Higher Rates as Lawmakers Press Him on Bank Rules
Federal Reserve Chair Jerome Powell said policymakers expect interest rates will need to move higher to reduce US
2023-06-22 02:53