Author: Emma Collins
Bank of Japan to maintain current policies while hinting at future interest rate increases
The Bank of Japan is expected to maintain its current monetary policy stance on Friday, demonstrating confidence in the country’s solid wage growth and consumer spending that could pave the
DetailFormer Kansas City Fed President Warns of Increased Inflation Risk Following Significant Rate Cut
The recent interest rate cut by the U.S. Central bank has sparked concerns about a potential resurgence in Inflation, according to former Kansas City Federal Reserve president Thomas Hoenig. Hoenig
DetailBank of England keeps interest rates steady at 5%, boosting pound to highest level since March 2022
The Bank of England kept Interest rates steady at 5% during its latest meeting, while also announcing plans to reduce its stock of British government bonds by another 100 billion
DetailBank of England Holds Rates and Extends Bond Reduction Plan
The Bank of England maintained its key interest rate at 5.0% and announced plans to reduce its holdings of British government bonds by another 100 billion pounds ($133 billion) over
DetailStrategies to Attract Foreign Investment and Boost Savings Urged by Trade Bodies in Britain
Britain is aiming to attract up to $10.2 billion in additional foreign sovereign investment by 2030 through a strategic long-term plan, according to a recent report. The City of London
DetailChina to implement policy measures to boost economy, no large stimulus expected
Chinese policymakers are expected to ramp up measures to support the economy in achieving its 2024 growth target amidst challenging conditions, analysts and policy advisers suggest. Focusing on stimulating demand
DetailChina aircraft lessor places order for 50 Boeing 737 MAX jets
China Development Bank Financial Leasing has announced its plan to order 50 Boeing 737 MAX 8 jets, providing a much-needed boost to the aircraft manufacturer. This order marks the largest
DetailBrazil central bank increases interest rates for the first time in two years: 25 bp hike
Brazil’s Central bank raised its benchmark interest rate by 25 basis points to 10.75% on Wednesday, signaling the start of an interest rate-hiking cycle to combat rising Inflation fueled by
DetailFederal Reserve Chairman Powell supports Basel changes, no set date for release of new draft
Federal Reserve Chair Jerome Powell backed a proposed overhaul of the Basel bank capital rules, aiming for completion by the first half of 2025. The plan involves easing restrictions on
DetailAmazon increases hourly pay for US fulfillment and transportation workers
Amazon has announced an increase in pay for its fulfillment and transportation workers in the United States, along with offering free Prime memberships as part of the benefits package. The
Detail