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Tag: central banks

ECB, BoE insist ‘higher for longer’ still needed as Fed stands alone
Business

ECB, BoE insist ‘higher for longer’ still needed as Fed stands alone

January 2, 2024January 2, 2024

Top European central banks on Thursday reaffirmed their dedication to sustaining coverage rates of interest greater for an extended interval to combat inflation, which is

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Economy and markets surprised in 2023, but what’s in store for 2024?
Economy

Economy and markets surprised in 2023, but what’s in store for 2024?

January 1, 2024January 1, 2024

In a 12 months full of huge numbers, with robust positive aspects for shares and much more incredible flights for crypto, it was one shrinking

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Time has come for central bank digital currencies to prove their worth
Business

Time has come for central bank digital currencies to prove their worth

October 22, 2023

The European Central Bank’s (ECB) milestone step towards introducing a digital euro within the coming years signifies a vital second for the most recent incarnation

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World central banks rally behind ‘higher for longer’ credo
Economy

World central banks rally behind ‘higher for longer’ credo

September 22, 2023September 22, 2023

Central banks of the world’s greatest economies have served discover that they may preserve rates of interest as excessive as wanted to tame inflation, at

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German central bank forecasts another stagnation period for Q3
Economy

German central bank forecasts another stagnation period for Q3

August 21, 2023August 21, 2023

Germany’s central financial institution anticipates that the nation’s financial system, Europe’s greatest, will likely be kind of stagnant once more within the present quarter –

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Türkiye’s selling spree drives fall in global central banks’ gold demand
Economy

Türkiye’s selling spree drives fall in global central banks’ gold demand

August 1, 2023August 1, 2023

The gold demand of central banks slowed considerably within the second quarter of this yr, primarily attributable to a excessive quantity of gross sales by

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Skip, hike, cut: Central banks diverge over regional challenges
Business

Skip, hike, cut: Central banks diverge over regional challenges

June 19, 2023June 19, 2023

Central bankers in three of the world’s key financial areas this week took contrasting approaches to financial insurance policies, reflecting the distinct challenges every area

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Europe’s central banks mirror Fed in hiking rates despite turmoil
Business

Europe’s central banks mirror Fed in hiking rates despite turmoil

March 23, 2023March 23, 2023

Switzerland and Norway hiked rates of interest Thursday to deal with inflation regardless of banking-sector turmoil. The U.Ok.’s central financial institution was subsequent in line

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Central banks try to calm markets after UBS takeover of Credit Suisse
Business

Central banks try to calm markets after UBS takeover of Credit Suisse

March 20, 2023March 20, 2023

Some of the world’s largest central banks got here collectively on Sunday to cease a banking disaster from spreading as Swiss authorities persuaded UBS Group

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CBRT biggest buyer as global central banks add most gold since 1967
Economy

CBRT biggest buyer as global central banks add most gold since 1967

February 7, 2023February 7, 2023

Huge demand within the second half of 2022 took the annual shopping for of gold by world central banks to a 55-year excessive, with the

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