Latest News for: Banking policy

Edit

Karnataka Bank partners with ICICI Lombard General Insurance

Business Line 27 Jul 2024
Further bank is embarking on digital insurance initiatives which will empower the bank’s customers to conveniently access and manage their insurance policies through digital platforms.
Edit

Global economy has increasing likelihood of soft landing: G20

Anadolu Agency 27 Jul 2024
Central Banks remain strongly committed to achieving price stability in line with their respective mandates, and will continue to adjust their monetary policies in a manner that is dependent on incoming macroeconomic data, it added.
Edit

Cardoso’s Tough Love: Will Rate Hikes Cage Nigeria’s Stubborn Inflation?

This Day 27 Jul 2024
The Olayemi Cardoso-led Monetary Policy Committee (MPC) strongly believes that crushing inflation is the best thing the Central Bank of Nigeria (CBN) can do to boost purchasing power and support economic growth.
Edit

G20 finance chiefs call for early signing of digital tax treaty

Kyodo 27 Jul 2024
"Well-calibrated" monetary policy has helped ease inflation and central banks will adjust their policies in a "data-dependent" manner, the document said.
Edit

IMF chief concerned world facing weakest prospects for medium-term growth in decades

Anadolu Agency 27 Jul 2024
... Bank Governors in Brazil ... Although inflation is falling in many countries, Georgieva encouraged central banks to resist easing monetary policies too early when price pressures remain persistent.
Edit

Let’s Stop this Planned Protest for Posterity Sake

This Day 27 Jul 2024
Considering numerous other policy measures the central bank has enacted to address domestic macroeconomic challenges, such as elevating the policy rate to 26.25 per cent, augmenting Cash Reserve ...
Edit

U.S. senators steal the show at Bitcoin 2024

Cryptopolitan 27 Jul 2024
Republican Senators Cynthia Lummis and Tim Scott took the stage at the Bitcoin 2024 conference today and straight up blamed the current Senate Banking Committee’s leadership for blocking American innovation, especially regarding Bitcoin.
Edit

‘Crazy’ yen rally is at risk of shattering as soon as Wednesday

Japan Times 27 Jul 2024
Swaps markets suggest a roughly 45% chance of the Bank of Japan hiking rates by 15 basis points at the conclusion of its July 31 policy meeting ... .
Edit

CBN in H2 2024: Continue tightening or pause after July rate hike?

Business Day Online 27 Jul 2024
Deciding on economic policy is like balancing a tightrope—every move counts. As the Central Bank of Nigeria (CBN) faces a. read more CBN in H2 2024. Continue tightening or pause after July rate hike? ... .
Edit

How deep is the divide between Israel’s military and its government?

Al Jazeera 27 Jul 2024
“It seems strange, I know,” Eyal Lurie-Pardes of the Middle East Institute said, “but the settler movement has repeatedly accused the military of anti-Jewish bias in the West Bank”. And some of that suspicion goes beyond differences over war policy.
Edit

Can central banks still go green?

Gulf-Times 26 Jul 2024
But a firm commitment to price stability does not require central banks to drop green-oriented monetary policies altogether ... Although central banks are not in charge of industrial policy, they do have ...
Edit

Saudi Central Bank Governor Praises Global Monetary Policies

The Arabian Post 26 Jul 2024
Global monetary policies adopted by financial institutions to combat inflation and strengthen economic resilience were praised by Ayman Al-Sayari, governor of the Saudi Central Bank ... Policies ....
Edit

No rate cuts on the horizon as Turkey focuses on lowering inflation

CyprusMail 26 Jul 2024
For now, he told Reuters, the bank is wrestling to convince sceptical companies and households that it will keep its tight policy for as long as it takes to secure a lasting disinflation period.
Edit

Big banks cut deposit rates to strengthen sector stability

China Daily 26 Jul 2024
Several major Chinese commercial banks cut deposit rates on Thursday, signaling a new round of deposit rate cuts that could pave the way for further reductions in policy benchmarks of lending rates to bolster economic growth, market analysts said.
×