European Central Bank European Central Bank monetary policy member Pablo de Cos said on Monday that the European Central Bank is not expected to return for any guidance on monetary policy. De Cos added that it is too early to start talking about the ECB cutting interest rates. It should be noted that European Central … Read more
Original title: After maintaining negative interest rate monetary policy, the Governor of the Bank of Japan warned that the outlook for wages and prices is highly uncertain Bank of Japan Governor Kazuo Ueda said on Monday that there is “very high uncertainty” about whether companies will continue to raise prices and wages, once again emphasizing … Read more
18. September 2023 FMA sees no arguments for weakening lending standards © APA/THEMENBILD/BARBARA GINDL The financial market supervisory authority wants to take a very close look at the banks’ lending in the next few months, “that will be a focus of our work,” said FMA board member Helmut Ettl on Monday in the business journalists’ … Read more
US dollar and Australian dollar The AUDUSD pair fell strongly during today’s trading, Tuesday, and recorded its lowest level in 10 months, near 0.6360 points, after the Australian dollar witnessed a strong sale after the Australian Reserve’s decision to keep interest rates unchanged. The Monetary Policy Committee of the Reserve Bank of Australia decided on … Read more
European Central Economists at Nordea Bank shared their views on the expectations of the European Central Bank’s monetary policy decisions, after the minutes of the bank’s meeting results were released during last July, as experts saw that the results of the meeting did not provide much guidance on what the European Central Bank would do … Read more
NEW YORK IG sees the Nasdaq 100, which has been doing much better since the beginning of the year and has recently been weakening, up 0.3 percent at 15,468 points. The interest rate decision by the US Federal Reserve is on the agenda for Wednesday. It is widely expected to raise interest rates again. However, … Read more
Zou Lan, head of the monetary policy department of the Chinese central bank PBOC Zou is also considering lowering the reserve ratio for commercial banks to allow them to lend more. (Foto: imago images/VCG) Beijing, Hong Kong China’s central bank wants to dig deep into its tool kit to fight an economic downturn in the world’s … Read more
Kristalina Georgieva and Shehbaz Sharif Last week the Pakistani Prime Minister met with the Managing Director of the IMF – now the agreement has followed. (Photo: via REUTERS) Lahore Pakistan averted default at the last minute. The government agreed on Friday with the International Monetary Fund (IMF) on a new loan of three billion dollars. … Read more
NEW YORK Market participants are apparently optimistic that the US Federal Reserve will not raise interest rates further on Wednesday, commented analyst Edward Moya from broker Oanda. After ten increases in a row, bank economists are now also expecting a monetary policy pause due to the cooling economy and the trend towards falling inflation. Another … Read more
13 hours Edit But how? (5) any trouble? After all, coal (fine) for power plants and heat and power plants is said to be cheap in abundance (our rulers took care of it, after all;) by a strange coincidence, but it’s probably a coincidence that electricity has become more expensive for everyone, now restrictions for … Read more