Tag: “Central Banks”

Economic activity increased ”slightly to moderately” across to US in late November and December, supported by strong holiday sales, the Federal Reserve said in its Beige Book survey of regional business contacts.

The Bank of Japan will debate whether to raise interest rates next week, Governor Kazuo Ueda said on Wednesday, signalling its intention to take borrowing costs higher barring a Trump-driven market shock.

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have on efforts to reduce it.

Inflation should continue falling in 2025 and allow the U.S. Federal Reserve to further reduce interest rates, though at an uncertain pace, Federal Reserve governor Christopher Waller said on Wednesday.

Στο 2% επανέλαβε σήμερα ότι θα υποχωρήσει το βασικό επιτόκιο της Ευρωπαικής Κεντρικής Τράπεζας (ΕΚΤ) το φθινόπωρο, από 3% που είναι σήμερα, ο διοικητής της Τράπεζας της Ελλάδος Γιάννης Στουρνάρας.

Japan’s government is set to compile a record $735 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world’s heaviest debt, a draft seen by Reuters showed.

The U.S. Federal Reserve said on Monday it was considering major changes to its annual bank “stress tests” in light of recent legal developments, including allowing lenders to provide comment on the models it uses, in a major victory for Wall Street banks.

The Bank of Japan on Thursday held its benchmark interest rate steady at 0.25%, opting to take the time to assess the impact of financial and foreign exchange markets on Japan’s economic activity and prices.

The Bank of England kept its main interest rate unchanged at 4.75% on Thursday but policymakers became more divided about whether rate cuts were needed to tackle a slowing economy

Germany faces another year of economic stagnation after the Bundesbank slashed the country’s 2025 growth forecast and warned that a US-led trade war risked pushing it into recession.

The European Central Bank on Thursday announced its fourth interest rate cut of 2024, confirming expectations for a quarter-percentage-point move and lowering its inflation forecast for this and next year.

The Swiss National Bank on Thursday cut its key interest rate by 50 basis points, exceeding expectations of a smaller trim amid an ongoing tussle with depressed inflation and a strong Swiss franc.

Bank of England Governor Andrew Bailey on Wednesday signaled that the U.K. could be on track for four interest rate cuts over the next year, if inflation continues on a downward path.

The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation, potentially causing volatility in financial markets and pushing up borrowing costs for businesses and consumers.

ECB chief takes aim at claim that tariffs will ‘make America great again’ — but calls for negotiation, not retaliation

European Central Bank President Christine Lagarde said Europe’s continuing struggle to innovate and the souring geopolitical backdrop make it even more imperative to unite its capital markets.

Rising global trade tensions present a risk to the euro area economy, the bloc’s central bank found in its biannual Financial Stability Review out on Wednesday.

Μείωση των επιτοκίων της Ευρωπαϊκής Κεντρικής Τράπεζας κατά 0,25% τον Δεκέμβριο και περαιτέρω μειώσεις των επιτοκίων το 2025 προέβλεψε ο διοικητής της Τράπεζας της Ελλάδος Γιάννης ΣΤουρνάρας.

Federal Reserve Chair Jerome Powell said Thursday that strong U.S. economic growth will allow policymakers to take their time in deciding how far and how fast to lower interest rates.

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to right-size monetary policy.