ECB hikes key rates by 50 basis points, EUR/GBP spikes over 0.95%
Jul 21, 2022 12:33 pm UTC| Central Banks
Chart - Courtesy Trading View EUR/GBP spiked over 0.95% and was trading at 0.8575 at around 12:25 GMT. The single currency buoyed across the board after the European Central Bank (ECB) announced a 50 basis points...
Rates rise to 1.35% – and there's no stopping now the RBA's on a mission to whip inflation
Jul 07, 2022 16:12 pm UTC| Economy Central Banks
There was no suprise in the board of the Reserve Bank of Australia lifting interest rates at its July meeting. The only question was by how much. Would it be a regular increase of 25 basis points? Or a double-whammy of...
The latest Bank of England rate rise won't do much to tackle inflation - here's what could work
Jun 21, 2022 22:54 pm UTC| Economy Central Banks
There wasnt much dramatic tension as markets waited for the Bank of Englands latest decision on interest rates. The fifth monthly quarter-point hike in a row was largely expected, taking the base rate to 1.25% in June...
5 things to know about the Fed's interest rate increase and how it will affect you
Jun 15, 2022 07:37 am UTC| Economy Central Banks
The Federal Reserve is raising interest rates for the third time this year, on June 15, 2022, as it seeks to counter inflation running at the fastest pace in over 40 years. The big question is how much it will lift rates....
Game of Loans: the Reserve Bank of Australia loses its heir apparent to Fortescue's green fund
Mar 12, 2022 11:20 am UTC| Economy Central Banks
The Reserve Bank of Australia was roiled today by the resignation of its Deputy Governor Guy Debelle, who is leaving with only six days notice. Dr Debelle said that he was resigning to become chief financial officer of...
Feb 23, 2022 22:38 pm UTC| Economy Central Banks
The prospect of a Russian invasion of Ukraine have sent the markets into a tailspin, compounding fears around inflation that have been building over the past few months. The SP 500 is trading at 10% below its recent...
Top economists expect RBA to hold interest rates low in 2022, as real wages fall
Feb 02, 2022 09:26 am UTC| Economy Central Banks
Australias leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders...
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