Latest News for: Banking policy

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SARB to implement a small interest rate cut despite plummeting inflation

Independent online (SA) 21 Nov 2024
“I think the Reserve Bank will highlight these incoming policies as risks ... “The Reserve Bank typically focuses on inflation 12 to 18 months ahead when monetary policy can have an impact on the inflation prints,” Moolman said.
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Gaza becomes 'graveyard' for children: UNRWA chief

China Daily 21 Nov 2024
The statement also emphasized that children in the West Bank are consistently subjected to the same "criminal" policies, such as arbitrary detention, and face illegal trials, which blatantly violate their rights under international agreements.
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China takes actions to cope with climate change

People Daily 21 Nov 2024
This public funding should send a positive and stable policy signal to the international community, further leveraging and expanding financing from multilateral development banks and investments from the private sector.
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COP29: Global Tech, Environmental Leaders Endorse Digital Technologies to Boost Climate Action

This Day 21 Nov 2024
Sharing best practices for digital policies and technologies to reduce GHG emissions and enhance adaptation and resilience, World Bank’s Vice President for Digital Transformation, Sangbu Kim, ...
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Ibrahim Gambari: IMF, W’Bank Policies Have Failed to Transform Nigeria’s Economy

This Day 20 Nov 2024
Speaking at the Realnews 12th Anniversary Lecture in Lagos, Gambari stated that if the economic policies of the IMF and World Bank had been effective, Nigerians would be living more prosperously today.
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BSP to strengthen e-wallet regulations following GCash glitch

Manila Bulletin 20 Nov 2024
Tangonan, said the central bank will address any policy gaps if GCash is found at fault ... He added that sometimes the central bank already has the policy in place, “but maybe we need to boost enforcement.”.
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China keeps interest rate constant

Anadolu Agency 20 Nov 2024
China's Central Bank kept its policy interest rate constant on Wednesday.
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Strong expectations for fifth consecutive EGP interest rate hold

Daily News Egypt 20 Nov 2024
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is expected to hold its penultimate meeting of the year on Thursday to decide on key interest rates, which are critical indicators of the Egyptian pound’s short-term trends.
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Inflation slows sharply in October, paving the way for another interest rate cut

Mail Guardian South Africa 20 Nov 2024
She said the South African Reserve Bank (Sarb) would welcome the slowdown in CPI during its monetary policy meeting concluding on Thursday with an announcement of the latest decision on interest rates.
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Why is inflation in Nigeria rising so quickly?

Invezz 20 Nov 2024
The central bank’s response. The Central Bank of Nigeria (CBN) has raised interest rates at 13 consecutive monetary policy meetings, bringing the policy rate to 27.25% from 11.5% in May 2022.
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China holds its benchmark lending rates as Beijing assesses stimulus measures

NBC Bay Area 20 Nov 2024
China's central bank also planned to maintain supportive monetary policy, said Governor Pan Gongsheng, who had indicated in October that there was still room to cut several key policy rates by end of the year.
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UK inflation jumps to 2.3% in October, exceeding Bank of England’s target

Invezz 20 Nov 2024
The figure exceeded the 2.2% forecasted by economists, reintroducing inflation above the Bank of England’s 2% target ... impact on monetary policy ... The Bank of England, faced with these uncertainties, may prioritise caution in its policy decisions.
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South Africa records lowest consumer inflation rate since 2020

Xinhua 20 Nov 2024
"The declining inflation rate shows that the monetary policy followed by the Reserve Bank works. The slowing inflation would impact the bank's decision, but they would also consider inflation expectations.".
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Markets think the odds of a Fed pause in December are rising

Business Insider 20 Nov 2024
Fed Chair Jerome Powell has said the central bank doesn't factor in politics and refused to comment on topics related to the election during a press conference following the central bank's last policy ...
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Why has inflation increased and what does it mean for households?

AOL 20 Nov 2024
Mr Smith is among economists to suggest that the latest increase in inflation “reduces the chance” of a rate cut by members of the Bank of England’s  monetary policy committee (MPC) last month.

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