Heikki Mulari The actions of the Russian central bank to curb the overheated economy are not enough, writes Iltalehti’s foreign correspondent Heikki Mulari. Today at 21:55 Vladimir Putin has reason to worry. Illustration picture. EPA/AOP On Friday, the Central Bank of Russia raised the key interest rate to a record 21 percent. It was already … Read more
“In any case, we are not getting richer,” Johannes Turner, director of the OeNB’s statistics department, told reporters on Wednesday. It is also evident that in Austria, compared to the euro area, very large amounts of money flow into investments, but very little into retirement provision. In this country, only 15 percent of financial assets … Read more
Mexico City. Monetary policy continues to be the main tool to contain inflation, however, implementing alternative policies may imply adverse side effects, said the International Monetary Fund (IMF). “Inflation can increase, but a stricter policy can reduce it quickly,” the agency declared in the document The big squeeze: Perspectives on the recent episode of inflation, … Read more
published September 27, 2024 at 5:26 a.m The central bank lowered the mandatory deposit rate, allowing banks to issue more loans. (Archive image) © Andy Wong/AP/dpa China’s central bank has cut an important rate for banks to help the struggling economy. By reducing minimum reserves by 0.5 percentage points, banks will have to retain fewer … Read more
China’s central bank has cut an important rate for banks to help the struggling economy. By reducing minimum reserves by 0.5 percentage points, banks will have to retain fewer mandatory balances, according to a statement in Beijing. This means that financial institutions have more money available to issue loans or buy government bonds to finance … Read more
/img-s3.ilcdn.fi/597c484c1432ed9986f5d5b73c09a8e06f5d6104db7a55aa9ec0b150e8f718ed.jpg "The expert reveals what should be done with the loan
– 2024-09-27 02:47:33")
News Many mortgage borrowers are in a situation where interest rates are falling for the first time. An expert tells you what you should do about mortgage interest rates right now. One gimmick is definitely the cheapest in the long run. It can help you save hundreds of euros a year. Tuesday 24 September 2024 … Read more
Page 1 of 2 During the time under its outgoing president, the National Bank has succeeded in ensuring price stability. It has thus fulfilled its mandate. However, its monetary policy has led to a significant expansion of the balance sheet. This is a liability. If Thomas Jordan tomorrow Thursday for the last time the monetary … Read more
The European Central Bank lowered its key interest rates on Thursday as expected. But when will the next interest rate hike come? The European Central Bank already announced its monetary policy turnaround in June – after much criticism – completed. Now it has driven the stakes even lower on Thursday. And rightly so. Inflation in … Read more
The Spanish banks are already accepting that the profits they received in the last two years in the mortgage industry, with the increase in the price of money by the European Central Bank (ECB), have will rise to a peak after rising to 3 .71% at the beginning of 2024 and will remain stable in … Read more
Mexico City. The governing board of the Bank of Mexico (BdeM) decided on Thursday, in a split decision, to cut its reference rate by a quarter of a point to leave it at 10.75 percent. It stressed that the monetary stance will continue to be restrictive, in line with the commitment to lead inflation to … Read more