Tag: “Central Banks”

US Federal Reserve chair Jay Powell said the central bank had made “considerable progress” in its mission to beat back inflation but sought “more good data” before cutting interest rates from their 23-year high.

Federal Reserve Bank of New York President John Williams said that while inflation has cooled recently toward the Fed’s 2% target, policymakers are still some distance from their goal.

Federal Reserve officials at their June meeting indicated that inflation is moving in the right direction but not quickly enough for them to lower interest rates.

The Federal Reserve said Wednesday that the biggest banks operating in the U.S. would be able to withstand a severe recession scenario while maintaining their ability to lend to consumers and corporations.

The Bank of Japan debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase “without too much delay” to address risks of inflation overshooting expectations, a meeting summary showed on Monday.

The Bank of England left interest rates unchanged as expected on Thursday. It followed the Federal Reserve’s strategy of gathering more evidence that inflation is under control before cutting.

The Swiss National Bank trimmed its key interest rate by 25 basis points to 1.25% in its second cut of the year.

Ratings agency Fitch no longer expects China to cut its policy rate this year, and has pushed back its expectations for a reduction to next year as the U.S. Federal Reserve keeps its interest rates high.

Minneapolis Federal Reserve President Neel Kashkari on Sunday said it’s a “reasonable prediction” that the U.S. central bank will cut interest rates once this year, waiting until December to do it.

The Bank of Japan kept its benchmark interest rate unchanged on Friday, but indicated it’s considering the reduction of its purchase of Japanese government bonds.

Αύξηση κατά 5,9% κατέγραψαν οι τιμές των γραφείων υψηλών προδιαγραφών στο σύνολο της χώρας για το σύνολο της Ελλάδος, έναντι αντίστοιχης αύξησης 3,6% το 2022.

The Federal Reserve said Wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate cuts than previously estimated.

The European Central Bank took the bold step to lower interest rates Thursday, moving ahead of the Federal Reserve in delivering its first cut since the Covid-19 pandemic unleashed a surge of inflation.

Τον κώδωνα του κινδύνου έκρουσε ο Διοικητής της Τράπεζας της Ελλάδος Γιάννης Στουρνάρας καθώς όπως είπε οι εκταμιεύσεις από το Ταμείο Ανάκαμψης προς τις επιχειρήσεις προχωρούν με βραδύτερο ρυθμό (14% του συνόλου), γεγονός που καθυστερεί την πραγματοποίηση επενδυτικών δαπανών.

Με την πρώτη μείωση επιτοκίων του ευρώ κατά 0,25% να θεωρείται πλέον δεδομένη, το συμβούλιο νομισματικής πολιτικής της ΕΚΤ θα πρέπει την επόμενη Πέμπτη στις 6 Ιουνίου να θέσει και τους άξονες της στρατηγικής της για το επόμενο διάστημα.

The Federal Reserve should wait for significant progress on inflation before cutting interest rates, Minneapolis Federal Reserve President Neel Kashkari told CNBC on Tuesday.

Olli Rehn and Philip Lane became the latest figures at the European Central Bank to indicate that an interest rate cut next week is practically a done deal.

Ο Φίλιπ Λέιν της Ευρωπαϊκής Κεντρικής Τράπεζας δήλωσε ότι η ΕΚΤ είναι έτοιμη να αρχίσει να μειώνει τα επιτόκια από την επόμενη εβδομάδα, ανέφεραν οι Financial Times τη Δευτέρα, ενόψει της συνεδρίασης της 6ης Ιουνίου.

The U.S. economy is slowing down, albeit at a glacial pace, and this should help inflation continue to gradually cool, Atlanta Fed President Raphael Bostic said Monday.

The Bank of England on Thursday held interest rates as expected and said restrictive monetary policy was taming inflation, but warned a June rate cut was not a done deal.