Interest rates increase by 0.25 percentage points
The European Central Bank announced a new rate decision Thursday. Daniel Roland | AFP | Getty Images The European Central Bank on Thursday announced a new rate increase of a …
Central banking
UOB, a Singapore bank, anticipates moderate improvement in NIM following the Fed rate hike
Singapore’s United Overseas Bank is expecting “some upside” in interest income in the next quarter, after the U.S. Federal Reserve announced a fresh rate hike overnight. UOB’s core net profit …
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …
Anticipating the Federal Reserve Meeting – Learn What to Expect
WASHINGTON, DC – JUNE 21: Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, D.C. Powell testified on the Federal Reserve’s …
Meme Stocks Also Experience a Rally in Today’s Market
Exterior of the AMC Santa Monica 7 on April 17, 2020 in Santa Monica, California. Amanda Edwards | Getty Images Entertainment | Getty Images This report is from today’s CNBC …
Let the Good Times Roll
People walk near the New York Stock Exchange on July 18, 2023 in New York City View Press | Corbis News | Getty Images This report is from today’s CNBC …
Fed, ECB, and Bank of Japan Converge at a Pivotal Moment in an Electrifying Week
According to Goldman Sachs economists, the interest rate differentials between the U.S. Federal Reserve, Bank of Japan, and European Central Bank will continue due to the Bank of Japan’s maintaining …
Analyst suggests Japan’s BOJ has had a miscalculated approach towards inflation
Bank of Japan Governor Kazuo Ueda arrives to conduct an interview with a small group of journalists in Tokyo on May 25, 2023. Richard A. Brooks | AFP | Getty …
Turkey’s central bank raises interest rate to 17.5%, but falls short of expectations
Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on …
June’s UK inflation rate falls to 7.9%, falling short of expectations
Skyline view of the City of London financial district. Mike Kemp | In Pictures | Getty Images LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations …