Monday, January 17th, 2022

Tag: bank

Bank of England hikes interest rates to combat surging inflation

The central bank’s Monetary Policy Committee said Thursday that it would raise interest rates from the record low of 0.1% to 0.25%, the first such move by any major central bank since the start...

Fed risks running behind the curve, says former NZ central bank governor

The U.S. Federal Reserve runs the risk of running behind the curve on interest rates, a former governor of the Reserve Bank of New Zealand told CNBC on Friday. “Inflation is pushing up quite...

German central bank warns of overblown property prices

Germany’s central bank warned Thursday about skewed valuations in the housing market, calling it a “specific vulnerability” as property prices continue to soar. “We have basically seen all indicators — prices, credit — those...

The Federal Reserve is likely to become a tougher talking central bank, could end bond program sooner

Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters Expect more tough talk from the Federal Reserve, as...

Pakistan central bank on growth, inflation outlook

Pakistan is expected to grow about 5% in the current fiscal year that ends in June 2022, the country’s central bank governor told CNBC on Tuesday. “This is a four-year high and this growth...

German digital bank N26 to withdraw from the U.S.

N26 co-founder and CEO Valentin Stalf speaks on stage during TechCrunch’s Disrupt Berlin event at Treptow Arena on November 30, 2018 in Berlin, Germany. Noam Galai | Getty Images for TechCrunch German digital bank...

Turkish lira falls before central bank meeting

Turkish Lira Mehmet Kalkan The Turkish lira on Thursday continued its slide ahead of the country’s central bank meeting. The currency fell to a record low of 10.98 against the dollar, but pared some...

European Central Bank warns of bubbles in property and financial markets

Christine Lagarde (R), President of the European Central Bank (ECB), and Vicepresident Luis de Guindos (L) Thomas Lohnes | Getty Images News | Getty Images The European Central Bank warned of stretched valuations in...

Central bank digital currencies are moving slowly — but not in China

China’s digital yuan currency is displayed on a mobile phone in Yichang, Hubei province, China, Feb. 22, 2021. Costfoto | Barcroft Media | Getty Images Don’t expect central banks to issue their own digital...