Tag: Monetary policy
Turkey’s central bank signals further rate hikes
Turkish woman before the central bank meeting in Istanbul Many Turkish consumers are suffering from the sharply increased prices for food and other goods. (Photo: dpa) Istanbul After the turnaround…
Price data inspire US stock markets – Apple at record high
new York Easing fears of inflation led to a friendly mood on the US stock exchanges at the end of the month. The Dow Jones index of standard values closed…
Price data inspires US stock exchanges – Apple shares at record high
new York Easing fears of inflation led to a friendly mood on the US stock exchanges at the end of the month. The Dow Jones index of standard values rose…
Inflation rate in the euro area falls to 5.5 percent
Cheese counter in the supermarket Prices continue to rise, but not quite as much. (Photo: IMAGO/Martin Wagner) Frankfurt Inflation in the euro area continues to decline. In June, consumer prices…
Yen falls below important mark – Finance Minister wants to react “appropriately”.
Japan’s Finance Minister Shunichi Suzuki Japan’s finance minister announced “appropriate responses” should volatility become too severe. (Photo: via REUTERS) Tokyo The yen has broken a psychologically important barrier to the…
Wall Street closes in positive territory after bank stress test – US economy grows faster
new York The US stock exchanges were supported by the positive results of the annual stress test for US banks and strong economic data. The Dow Jones index of standard…
Wall Street up after bank stress test
new York The positive results of the annual stress test for US banks and strong economic data have pushed Wall Street into the black. The Dow Jones index of standard…
Lagarde and Powell continue to expect persistent inflation
Jerome Powell in Sintra According to the head of the Fed, the US central bank has already “come a long way” with its rate hikes. (Photo: Corbis News/Getty Images) Frankfurt…
The EU Commission is driving the digital euro forward
Digital Euro The digital euro is intended to give every citizen digital access to central bank money, which has so far been available in the form of notes and coins.…
ECB Director Fabio Panetta is to lead the Italian central bank – a position at the top of the ECB will become vacant
ECB Executive Board member Fabio Panetta The 63-year-old is expected to move from Frankfurt to Rome soon. (Photo: REUTERS) Frankfurt ECB board member Fabio Panetta is to become the new…
Wall Street up after strong economic data – Lordstown Motors plunge
new York Surprisingly strong economic data pushed Wall Street into the black on Tuesday. The Dow Jones index of standard values closed 0.6 percent higher at 33,926 points. The tech-heavy…
Bond investors file lawsuit against former Credit Suisse bosses
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…
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…
Which offers are worthwhile now
Euro Like all savings deposits, overnight money accounts are also subject to deposit protection. (Photo: IMAGO/Silas Stein) Munich It seems that the monetary watchdogs of the European Central Bank (ECB)…
Debt and record budget: Japan postpones budget restructuring
Tokyo Japanese Prime Minister Fumio Kishida has promised a lot of money first to the military and now to families. After doubling the armaments budget, he announced in mid-June that…
Which offers are worthwhile now
piggy bank The number of overnight money offers is growing: What can savers look forward to and what should they keep their hands off? (Photo: Moment/Getty Images) Munich It seems…
Dow Jones, S&P 500, Nasdaq: Worries about a recession are weighing on US stock markets
new York Investors on the US stock exchanges went into reverse gear on Friday due to the prospect of further interest rate hikes by the Federal Reserve. The Dow Jones…
Wall Street investors are cautious
new York The prospect of US interest rates continuing to rise weighed heavily on Wall Street investors on Thursday. The Dow Jones index of standard values closed with little change…
Turkey’s central bank raises key interest rate sharply – from 8.5 to 15.0 percent
Hafize Gaye Erkan The new head of the central bank has changed course. (Photo: Anadolu Agency/Getty Images) Istanbul Turkey’s central bank has changed course in monetary policy under new leadership:…