China’s Economic Woes Worsen Due To Property And Factory Issues
The Chinese economy was already wobbly and the beginning of the second half of the year saw it stumble further.…
US On The Brink Of Recession As GDP Declines In Q2
There was an unexpected contraction in the economy of the United States in the second quarter, as consumer spending grew…
Increasing Rates To Cushion Impact Of Slowing Economies On Asian Banks
Lenders focused on Asia, such as Standard Chartered, HSBC, and their Southeast Asian counterparts like DBS, are scheduled to report…
Fed Hikes Interest Rate By 75 Basis Points Again
On Wednesday, the US Federal Reserve’s two-day monetary policy meeting came to an end and it announced an increase in…
Fed Chairman to Continue Informing Markets about Interest Rates
Since the US Federal Reserve started hiking interest rates this year, its aim has been to keep investors informed at…
Bank Of Japan’s Reshuffle Brings Change
On Monday, the two new policymakers of the Bank of Japan said that the monetary authority needs to come up…
Cooling Prices And Slowdown Could Take Pressure Off BoE
An industry survey showed that the growth in businesses in Britain slowed down to its lowest pace in July seen…
ECB Decides To Go Big With Rate Hike
On Thursday, the European Central Bank announced its first interest rate increase in the continent after more than a decade…
Fed Expected To Deliver 75bps Hike With Recession Chances At 40%
According to economists, the US Federal Reserve will continue to stick to an interest rate increase of 75 basis points…
Russian Central Bank Governor Talks After Reducing Rates
Elvira Nabiullina, the Governor of the Russian central bank, conducted a news conference after the monetary authority reduced its key…