Tag: “Central Banks”

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.

The Bank of Japan maintained ultra-low interest rates on Thursday but said risks around the U.S. economy were somewhat subsiding, signalling that conditions are falling into place to raise interest rates again.

Ικανοποιημένος από την πορεία της ελληνικής οικονομίας εμφανίστηκε ο Διοικητής της Τράπεζας της Ελλάδος, Γιάννης Στουρνάρας κατά τη διάρκεια χαιρετισμού του στο 3ο Οικονομικό Συνέδριο της Ναυτεμπορικής «Η παραγωγική Ελλάδα την επόμενη δεκαετία».

The U.S. 10-year Treasury yield was on the move higher again on Tuesday after Federal Reserve officials urged caution on the path of interest rate cuts.

The one-year loan prime rate (LPR) has been cut to 3.1%, while the five-year LPR has been trimmed to 3.6%, the People’s Bank of China (PBOC) said.

The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year.

Ο Γιάννης Στουρνάρας αναμένει δύο μειώσεις επιτοκίων φέτος και περαιτέρω χαλάρωση το 2025 από την ΕΚΤ, όπως αναφέρει ο Διοικητής της Τράπεζας της Ελλάδος σε συνέντευξή του στους Financial Times που δημοσιεύθηκε την Τετάρτη.

Sterling was down 1.33% to $1.3091 at 12:35 p.m. in London, its lowest intraday level since Sept. 12. The drop put sterling on course for its steepest daily decline against the greenback for more than 20 months, according to a CNBC calculation of LSEG data.

China’s central bank said on Sunday it would tell banks to lower mortgage rates for existing home loans before Oct. 31, as part of sweeping policies to support the country’s beleaguered property market as the economy slows.

The personal consumption expenditures price index, a measure the Fed focuses on to measure the cost of goods and services in the U.S. economy, rose 0.1% for the month, putting the 12-month inflation rate at 2.2%.

China’s central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch stimulus assault to pull economic growth back towards this year’s roughly 5% target.

The Swiss National Bank on Thursday took a third step to loosen monetary policy this year, bringing its key interest rate down by 25 basis points to 1.0%.

China will cut the amount of cash banks need to have on hand, known as the reserve requirement ratio or RRR, by 50 basis points, People’s Bank of China Gov. Pan Gongsheng said during a press conference on Tuesday.

Federal Reserve Bank of Minneapolis President Neel Kashkari on Monday said he supported the U.S. central bank’s recent interest rate cut, calling it the “right decision” in light of substantial progress on inflation and the risk of an increase in unemployment.