Tag: Central bank
Turkish lira falls to new lows – new test for central bank
Hafize Gaye Erkan The new head of the central bank has changed course. (Photo: Anadolu Agency/Getty Images) Dusseldorf The drastic fall in the lira continues. Turkey’s national currency hit new…
“ECB does not believe in its own monetary policy”
Frankfurt Is the European Central Bank (ECB) wrong again with the forecasts it made in mid-June? Like the US Federal Reserve (Fed), it initially assessed inflation as “temporary” and only…
The Swiss central bank has almost conquered inflation – but it is still raising interest rates
Swiss National Bank (SNB) In order to ensure appropriate monetary conditions, the SNB intends to intervene in the foreign exchange market if necessary. (Photo: IMAGO/Future Image) Zurich There is an…
Monetary policy: The Swiss central bank has almost conquered inflation
Swiss National Bank (SNB) In order to ensure appropriate monetary conditions, the SNB intends to intervene in the foreign exchange market if necessary. (Photo: IMAGO/Future Image) Zurich There is an…
China’s central bank cuts interest rates for the first time in ten months
China The Chinese central bank wants to boost the country’s economy. (Photo: dpa) Beijing Against the background of the sluggish economic recovery after the end of the corona pandemic, the…
The benefit of the digital euro is small, the effort immense
Economy, Euro symbol at Willy Brandt Platz The euro may also be available as a digital currency in the future. Many details in the considerations are still open. (Photo: Blatterspiel/Jan…
The former deputy chairman of the US Federal Reserve warns of a return to lower interest rates
Richard Clarida The former Fed chair in an interview. (Photo: REUTERS) Frankfurt Uncertainty is high following the recent interest rate decisions by the US Federal Reserve (Fed) and the European…
Will probably have to raise interest rates after the summer
Joachim Nagel The Bundesbank President calls for decisive action to combat inflation. (Photo: dpa) Frankfurt According to Bundesbank President Joachim Nagel, the European Central Bank (ECB) has not yet reached…
Japan’s central bank sticks to negative interest rates
Tokyo Japan’s central bank is sticking to its ultra-loose monetary policy. The Bank of Japan’s (BoJ) Monetary Policy Committee announced on Friday that it would keep interest rates at minus…
Japan’s central bank maintains ultra-loose monetary policy
Tokyo The currency watchdogs in Tokyo decided on Friday that the controversial interest rate curve control policy would remain in place. They are aiming for targets of minus 0.1 percent…
These are the key takeaways from the ECB meeting
Bridge in front of the European Central Bank The central bankers have made an interest rate decision. (Photo: dpa) Frankfurt, Dusseldorf For the eighth time since summer 2022, the European…
ECB raises key interest rate by 0.25 percentage points
Frankfurt The European Central Bank (ECB) continues to raise interest rates in the euro area. It raises the key interest rate by 0.25 percentage points to four percent. The currently…
The digital euro is to become legal tender
Digital Euro According to the ideas of the EU Commission, the digital euro should become legal tender – just like cash. (Photo: imago images/Christian Ohde) Frankfurt, Brussels The digital euro…
US Federal Reserve to pause interest rates
Federal Reserve Building in Washington The inflation data is one of the important factors for the current course in US monetary policy. (Photo: Reuters) new York The US Federal Reserve…
US Federal Reserve to pause interest rates
Federal Reserve Building in Washington The inflation data is one of the important factors for the current course in US monetary policy. (Photo: Reuters) new York The US Federal Reserve…
Credit Suisse manager goes to fintech Leonteq
UBS completes takeover of Credit Suisse – banking giant is born UBS has completed the world’s most significant bank takeover since the financial crisis. According to an open letter published…
Erdogan appoints US finance manager Erkan as central bank governor
Istanbul Turkish President Recep Tayyip Erdogan has appointed a finance executive from the United States to head Turkey’s central bank. Hafize Gaye Erkan’s nomination was published in the Official Gazette…
Erdogan appoints US finance manager Erkan as central bank governor
Recep Tayyip Erdogan The Turkish President had recently favored a rather unusual monetary policy. (Photo: Reuters) Istanbul Turkish President Recep Tayyip Erdogan has appointed a finance executive from the United…
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…