Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next
Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they race to cool down an overheating economy. The question for many economists and investors is...
US Central Bank Boosts Its Benchmark Interest Rate
The U.S. central bank boosted its benchmark interest rate Wednesday by three-quarters of a percentage point in an ongoing effort to curb soaring consumer prices in the world’s largest economy.The Federal Reserve rate...
Hong Kong central bank raises rates, warns of tighter interbank market
People walking past a real estate agent in Hong Kong on 13 May 2022. The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by...
European Central Bank bets on CBDCs over BTC for cross-border payments
A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned central bank digital currencies (CBDCs) as the winner against competitors, including banking, Bitcoin (BTC) and stablecoins,...
It will be necessary to consider higher inflation targets for central banks – Natixis
Inflation in OECD countries is expected to be structurally higher in the future...