Latest News for: Banking policy

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Wall Street banks scrub DEI language from websites in latest retreat from corporate wokeness: report

New York Post 18 Feb 2025
But the CEO ordered a review of the bank’s policies after the Supreme Court overturned affirmative action, to ensure the company did not have hiring quotas, according to The Post’s Charles Gasparino.
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Australia’s ‘Big Four’ banks slash rates as central bank makes first cut since 2020

Invezz 18 Feb 2025
The financial sector reacted negatively, with Australia’s financials sub-index slipping nearly 1%, and shares of the Big Four banks declining.Rate cut signals shift in RBA policy.
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Urgent Alert: RBA Rate Cut Expected – How Will This Impact Forex Markets?

Bitcoin World 18 Feb 2025
Central Bank Policy and Crypto ... While the immediate focus is on Forex markets, central bank policy decisions like interest rate cuts can indirectly influence the cryptocurrency landscape ... Central bank policies have indirect crypto impact.
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Australian central bank cuts rates for first time since 2020

RTE 18 Feb 2025
Australia's central bank cut its key interest rate today for the first time in more than four years, but warned global turmoil could derail further easing ... Notably, the bank pointed to the prospect of "significant" uncertainty abroad.
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Dollar Steady Near Two-Month Lows as RBA Cuts Rates; Yen Gains on BOJ Hike Bets

Emirates 24/7 18 Feb 2025
rate cuts, while the Australian dollar dipped in volatile trading following the Reserve Bank of Australia’s expected rate cut ... However, the central bank remained cautious on further policy easing ... Morgan Private Bank.
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Australia cuts interest rate for 1st time since 2020

Anadolu Agency 18 Feb 2025
The Reserve Bank of Australia lowered its policy interest rate by 25 basis points to 4.1% on Tuesday, marking the first rate cut since November 2020. The bank ...
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In Riyadh, Cardoso Seeks Stronger Economic Ties with Middle East

This Day 18 Feb 2025
commercial banks charged manufacturers 48% lending rate in Q4’24 ... Governor of Central Bank of Nigeria (CBN), Mr ... The central bank governor recounted how Nigeria continued to tighten monetary policy even when global trends suggested otherwise.
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Pakistan PM Shehbaz welcomes $40bn ‘investment’ from World Bank

Vietnam News 18 Feb 2025
According to the statement from Prime Minister House, PM Shehbaz welcomed a delegation of nine World Bank executive directors in Islamabad today ... “I am grateful for the World Bank’s confidence in our government’s policies,” the PM said.
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Crashing Yen? USD/JPY Trembles as BoJ Rate Hike Looms – Expert Analysis

Bitcoin World 18 Feb 2025
The USD/JPY exchange rate has taken a downward turn, and the primary culprit appears to be growing anticipation of a BoJ policy shift ... Keep a close watch on statements and signals from the Bank of Japan regarding their monetary policy.
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New export revenue rules to tackle transfer pricing, Airlangga says

The Jakarta Post 18 Feb 2025
oordinating Economy Minister Airlangga Hartarto has defended the new policy on export revenue (DHE), which requires firms to keep 100 percent of their foreign exchange earnings in domestic banks for ...
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AUD/USD Soars to 2-Month High: RBA Rate Cut Looms – Will Aussie Dollar Hold?

Bitcoin World 18 Feb 2025
This bullish momentum comes just ahead of the Reserve Bank of Australia’s (RBA) highly anticipated monetary policy decision ... Australia’s (RBA) upcoming monetary policy meeting on Tuesday.
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Gov't bond yields fall amid expectations of rate cuts, easing inflation

Manila Bulletin 18 Feb 2025
Strong demand for government long-term debt papers drove yields lower, fueled by expectations of central bank interest rate cuts and easing US Treasury yields ... Ricafort, chief economist at Rizal Commercial Banking Corp.
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Israel advances plan to build some 1,000 settler units in West Bank

Press TV 18 Feb 2025
Israeli authorities have issued a tender to build hundreds of new settler units in the West Bank, irrespective of the international outcry against the Tel Aviv regime’s land grab policies in the occupied Palestinian territories.
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Statistics Canada set to release January inflation figures today

North Shore News 18 Feb 2025
Late last month, the Bank of Canada delivered its sixth straight interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
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PM hopes inflows will help Pakistan chart new course

Dawn 18 Feb 2025
“I am grateful for the World Bank’s confidence in our government’s policies,” the PM said, adding that “The country’s programme for institution and economic reform is progressing swiftly, while the economy is heading in the right direction.”.
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