Central Bank News
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Federal Reserve's Lisa Cook Signals Potential Pause in Rate Cuts
Lisa Cook, a member of the U.S. Federal Reserve, highlighted on Wednesday that the central bank might consider halting interest rate cuts temporarily if inflation decelerates while the labor market maintains..
Wednesday 20 November 2024 04:52pm | Source: ArabicTrader -
The People's Bank of China issues the benchmark lending rate decision.
The People's Bank of China, led by Governor Pan Gongsheng, announced early on Wednesday morning that it would keep the Loan Prime Rate (LPR) unchanged, continuing to provide direct support for mortgage..
Wednesday 20 November 2024 04:31am | Source: ArabicTrader -
The People's Bank of China sets the exchange rate of the dollar at 7.1935 yuan.
The People's Bank of China decided on Wednesday morning to set the exchange rate of the yuan against the US dollar at 7.1935 yuan per dollar, while expectations indicated it would be set at 7.2386 yuan...
Wednesday 20 November 2024 04:23am | Source: ArabicTrader -
Commerzbank clarifies the challenges facing the Australian Reserve Bank.
Volkmar Bauer, a foreign exchange analyst at Commerzbank, commented on his expectations regarding the economic situation in Australia in light of the Reserve Bank of Australia's meeting results released..
Tuesday 19 November 2024 05:05pm | Source: ArabicTrader -
European Central Bank Governor: Europe lags behind America and China in productivity..
European Central Bank Governor Christine Lagarde said on Tuesday that Europe is falling behind the United States and China in innovation and productivity. She recommended that Europe must pool its resources..
Tuesday 19 November 2024 04:06pm | Source: ArabicTrader -
European Central Bank member: Monetary policy is still far from a neutral stance.
ECB policymaker Fabio Panetta made the following statements on Tuesday: The European Central Bank is still far from the neutral interest rate. If domestic demand remains weak, inflation may fall..
Tuesday 19 November 2024 01:59pm | Source: ArabicTrader -
Chinese media: The People's Bank of China plans to reduce the reserve requirement..
On Tuesday morning, a Chinese state-affiliated media outlet published a report stating that the People's Bank of China (PBOC) intends to implement further reductions in the reserve requirement ratio (RRR)..
Tuesday 19 November 2024 08:12am | Source: ArabicTrader -
Minutes of the Reserve Bank of Australia Meeting: We may need to raise interest..
The Reserve Bank of Australia released the minutes of the November monetary policy meeting on Tuesday morning, emphasizing the need for the central bank to remain vigilant regarding rising inflation risks,..
Tuesday 19 November 2024 07:07am | Source: ArabicTrader -
The People's Bank of China sets the dollar exchange rate at 7.1911 yuan.
On Tuesday morning, the People's Bank of China decided to set the exchange rate of the yuan against the US dollar at 7.1911 yuan per dollar, while expectations indicated it would be set at 7.2305 yuan...
Tuesday 19 November 2024 06:39am | Source: ArabicTrader -
A European Central Bank member warns of a recession in eurozone economies due..
Yanis Stournaras, a member of the European Central Bank and Governor of the Bank of Greece, stated in remarks issued on Monday that it is reasonable and appropriate for the European Central Bank to decide..
Monday 18 November 2024 08:18pm | Source: ArabicTrader -
European Central Bank member: We need strong evidence to reduce interest rates..
European Central Bank member Jibril Makhlouf made the following statements on Monday: I believe in the necessity of taking a cautious approach regarding the course of monetary policy; the policy is..
Monday 18 November 2024 12:51pm | Source: ArabicTrader -
Bank of Japan Governor: The Japanese economy is recovering despite signs of..
During a discussion on Monday morning, Bank of Japan Governor Kazuo Ueda stated that the Japanese economy is recovering moderately despite recent signs of weakness. He also emphasized that the Bank of..
Monday 18 November 2024 05:48am | Source: ArabicTrader -
The People's Bank of China sets the exchange rate of the dollar at 7.1907 yuan.
On Monday morning, the People's Bank of China decided to set the exchange rate of the yuan against the US dollar at 7.1907 yuan per dollar, while expectations indicated it would be set at 7.2312 yuan...
Monday 18 November 2024 05:27am | Source: ArabicTrader -
Federal Reserve member Goolsbee talks about the timeline for reaching the neutral..
During his talk on Friday, Federal Reserve Bank of Chicago member Austan Goolsbee discussed monetary policy and his expectations for the Federal Open Market Committee's moves until reaching the neutral..
Friday 15 November 2024 03:12pm | Source: ArabicTrader -
A member of the U.S. Federal Reserve clarifies the possibilities of interest..
Susan Collins, a member of the Federal Reserve Bank of Boston, told The Wall Street Journal that lowering interest rates again at the upcoming December meeting is indeed on the table; however, it is not..
Friday 15 November 2024 12:53pm | Source: ArabicTrader