Tag: Rate hike
The Russian central bank unexpectedly raises the key interest rate
Vilnius The central bank had kept the key interest rate stable for months, now Russia’s central bank chief Elvira Nabiullina is making a U-turn: For the first time since the…
The Russian central bank unexpectedly raises the key interest rate
Elvira Nabiullina, Head of the Central Bank One reason is the weakness of the national currency, the ruble, which continued to lose value in the wake of the turmoil caused…
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:…
Bank of England raises key interest rate surprisingly sharply – to 5.0 percent
British central bank The Bank of England raises interest rates to 5.0 percent. (Photo: dpa) London The Bank of England (BoE) is accelerating the pace of combating inflation and is…
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:…
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…
Bank of England raises key interest rate surprisingly sharply – to 5.0 percent
British central bank The Bank of England raises interest rates to 5.0 percent. (Photo: dpa) London The Bank of England is driving up interest rates in the fight against inflation.…
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…
The Fed’s stop-and-go policy fuels new recession fears
Fed Chairman Jerome Powell The Fed said the Fed is “not there yet on inflation control.” (Photo: AP) Washington The US Federal Reserve (Fed) triggered new uncertainties on Wall Street…
Fed minutes show willingness of monetary authorities to pause interest rates
Federal Reserve The Federal Reserve has kicked rates up from near zero to a range of 5.00 to 5.25 percent since early 2022. (Photo: Reuters) Washington US monetary authorities are…
Fed minutes show willingness of monetary authorities to pause interest rates
Federal Reserve The Federal Reserve has kicked rates up from near zero to a range of 5.00 to 5.25 percent since early 2022. (Photo: Reuters) Washington US monetary authorities are…
Insurers are stable in the current environment
Frankfurt As interest rates have risen, it has become easier for insurers to meet their capital requirements. Thanks to sufficient own funds, the insurance industry sees itself in a good…
Life insurers feel lower demand in 2022
detached house Insurers can grant real estate loans with long fixed interest rates. (Photo: dpa) Frankfurt When it comes to real estate financing, consumers do not think of life insurers…
Weakening growth giant: rate hikes slow India down
Mobile phone production in Sriperumbudur India has recently been considered an important motor for the global economy. (Photo: Bloomberg/Getty Images) Bangalore India’s economic growth is weakening noticeably: In the last…
SNB doubles interest rate to 1.0 percent
SNB The central bank has raised interest rates again. (Photo: imago images/Andreas Haas) Zurich The Swiss National Bank (SNB) is raising interest rates for the third time in a row…
SNB doubles interest rate to 1.0 percent
SNB The central bank has raised interest rates again. (Photo: imago images/Andreas Haas) Zurich The Swiss National Bank (SNB) is raising interest rates for the third time in a row…
EU politician Kaili wants to plead not guilty
Good morning dear readers, the genre of the classical Greek saga is generally considered to have been closed for over 2000 years. But yesterday evening, a lawyer for the EU…
The turnaround in interest rates will bring no relief for the time being
Banks in Frankfurt The interest surplus of the financial institutions is likely to increase. In relation to equity, however, the consequences of the turnaround in interest rates could fizzle out,…
Nagel calls for further decisive action by the ECB
Frankfurt/Main ECB President Christine Lagarde has reaffirmed the central bank’s determination to fight record high inflation. “We assume that we will continue to raise interest rates – and withdrawing the…
The ECB continues to fight resolutely against inflation
ECB President Christine Lagarde According to Lagarde, interest rates are the most important instrument of the ECB’s policy course. (Photo: Reuters) Frankfurt/Main ECB President Christine Lagarde has reaffirmed the central…