Turkey’s c.bank hikes rates to 50% in surprise move
Turkey’s central bank has raised its key interest rate from 45 per cent to 50 per cent, citing the continuing need…
Browsing Tag
Inflation
Inflation, living costs impact UK’s budget deficit
UK’s budget deficit in February was larger than anticipated, according to official data, with cost of living…
ECB prepares banks for a changing risk landscape
Eurozone banks must revise their risk management strategies in light of several challenges, according to Claudia…
Asian stocks soar to record highs on Fed decosion
Gold prices and benchmarks in Tokyo and Taipei soared to record highs on Thursday, mirroring the S&P 500’s…
ECB’s rate path uncertain after 1st cut – Lagarde
The European Central Bank (ECB) indicated that it cannot commit to a predetermined number of interest rate cuts,…
South Africa’s inflation: a February ascent
South Africa witnessed in February a rise in consumer inflation for the second consecutive month, reaching 5.6 per…
SNB sells forex worth CHF132.9b in ’23
The Swiss National Bank sold foreign currency totalling 132.9 billion Swiss francs ($149.51 billion) in 2023.
Swiss firms seek central bank support amid strong franc
Swiss industries are calling on the country’s central bank to shift its focus from combating inflation to…
Swiss National Bank to start rate cuts earlier than expected
The Swiss National Bank (SNB) is anticipated to initiate interest rate reductions earlier than previously…
Egypt’s CBE reveals reasons for high inflation in Feb.
Egypt’s annual urban headline inflation rose to 35.7 per cent in February from 29.8 per cent in January, the…