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May 19 2023

Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits

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Eurozone banks are profitable but the benefits from higher interest… More… The post Banks Not Getting Anticipated Benefits ...

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May 18 2023

Rate Hikes Affecting Housing Markets in Eurozone, United States, ECB Study Shows

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Interest rate hikes in the euro area are already causing a decline … More… The post Rate Hikes ...

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May 03 2023

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

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Bank of Russia raised its forecast for the profits of Russian banks… More… The post Russian Banks Set ...

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Apr 29 2023

No Rate Hikes in Russia, Central Bank Keeps Interest Rate Level Again

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Bank of Russia decided to maintain the interest rate at 7.5% amid moderate… More… The post No Rate ...

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Apr 27 2023

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

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Current indicators suggest the European Central Bank (ECB) should… More…

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Apr 19 2023

Gold Slides on Higher US Treasury Yields, Dollar

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Prices of gold, and other precious metals, fell on Wednesday due to… More…

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Apr 11 2023

China’s Inflation Rate Drops to Lowest in 18 Months

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The annual inflation rate in China has unexpectedly slowed down in… More…

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Dec 22 2022

Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says

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Interest rates will continue to rise while the euro area falls into… More…

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Dec 14 2022

Federal Reserve Hikes Rate by 50bps, FOMC Signals Rate to Rise to 5.1% Next Year

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The U.S. central bank’s Federal Open Market Committee (FOMC)… More…

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