Businesses shut, events cancelled and rates decision delayed after Queen’s death Bank of England delays interest rate decision as firms and unions pay respect, with TUC postponing annual gathering The Guardian - UK · Sep 9, 2022
BoE delays rate decision meeting by a week after Queen's death The Bank of England on Friday postponed next week's interest rate decision following the death of Queen Elizabeth, its first delay to a monetary policy meeting since the central bank became operationally independent 25 years ago. Reuters · Sep 9, 2022
Inflation management can't be singularly left to RBI: Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Thursday said inflation management cannot be "singularly" left to the monetary policy as a majority of activities are outside its purview in the current context. The Times of India · Sep 8, 2022
Government moves to calm markets as pound falls to lowest level against dollar since 1985 New chancellor on charm offensive in Square Mile says Bank of England independence ‘is sacrosanct’ The Guardian - UK · Sep 7, 2022
OPEC+ JTC Raises 2022 Oil Market Surplus Forecast The oil market is likely to have a surplus greater than forecast earlier this year amid pressures from rising energy costs and tightening monetary policy that decreased demand for oil, OPEC + said in a report on Wednesday. The report comes days ahead of an OPEC+ policy meeting on Sept.… Asharq Al-Awsat · Sep 1, 2022
3 ETFs to Build Your Retirement Account Around Federal Reserve Chair Jerome Powell’s recent Jackson Hole speech has warned investors of further monetary policy tightening. With the rising possibility of a recession and high volatility, we think these dividend-paying ETFs, Energy Select Sector SPDR (XLE), SPDR S&P Dividend (SDY), and Vanguard Utilities (VPU), might be ideal for building… StockNews.com · Aug 30, 2022
ASX plunges on Powell comments, Fortescue drags on subdued earnings, A2 Milk soars nearly 10pc Australian shares have plunged, tracking Wall Street losses last week after US Federal Reserve Chair Jerome Powell reiterated a hawkish tone to battling inflation, while miner Fortescue Metals skidded after posting a lower annual profit. ABC News · Aug 29, 2022
There’s no need for a national debt, now or in indy Scotland THE City of London is home to many useful and responsible financial institutions. But this respectable facade also conceals a host of less savoury… The National (Scotland) · Aug 27, 2022
Inflation and the economy: a delicate balancing act When I sat down to write this article, the most eye-catching event on the annual calendar of global monetary policy authorities was about to get under way. Analysts agreed the headline speaker at the US Federal Reserve conference in the mountain resort town of Jackson Hole, Wyoming — Fed chairman… Bangkok Post · Aug 27, 2022
2 Safe Stocks to Load up on Right Now The stock market has remained under tremendous pressure since the beginning of 2022 due to ongoing macroeconomic issues. The Fed’s monetary policy tightening and a slowing economy are raising recession fears among investors. Amid such a volatile environment, investors should consider adding safe stocks KT Corporation (KT) and Bridgestone (BRDCY)… StockNews.com · Aug 25, 2022
BoT keeps measured approach on monetary policy tactics The Bank of Thailand plans to maintain a gradual approach to normalising monetary policy throughout this year, according to its chief. Bangkok Post · Aug 24, 2022
Freebies come at a price: economist RBI’s Monetary Policy Committee member Ashima Goyal says voters should be told about financing and trade-offs involved The Hindu · Aug 21, 2022
Egypt Central Bank Holds Rates Steady After Change of Governor The Central Bank of Egypt (CBE) kept its overnight interest rates steady on Thursday, hours after a new governor was named to replace Tarek Amer, who quit on Wednesday. President Abdel Fattah al-Sisi appointed Hassan Abdalla as caretaker CBE governor on Thursday after Amer's resignation. Analysts said the CBE may… Asharq Al-Awsat · Aug 19, 2022
Economy seen growing 3.6% this year - Bank of Thailand The Thai economy is expected to grow 3.6% this year and 4.0% next year, helped by a recovery in tourism despite inflationary pressures, a member of the Bank of Thailand's (BoT) Monetary Policy Committee said on Wednesday. Bangkok Post · Aug 17, 2022
Asharq Al-Awsat · Aug 17, 2022 Asian Markets Fluctuate as Traders Weigh Economic Outlook Markets drifted in Asia on Wednesday, with investors trying to navigate an uncertain economic landscape as central banks hike interest rates to fight runaway inflation, in turn fueling fears of a possible recession. But while officials at the Federal Reserve and its peers are expected to keep tightening monetary policy…
Evening Standard · Aug 16, 2022 Homeowners warned interest rates could rise by further 0.5% next month Millions of homeowners were warned on Tuesday that the Bank of England’s monetary policy committee could raise interest rates by a further 0.5 per cent next month - hiking their mortgage payments.
Asharq Al-Awsat · Aug 15, 2022 Expectations Vary on Egypt Cen Bank Raising or Fixing Policy Rates at Upcoming Meeting Opinions and expectations varied regarding the decision by the Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) to raise or fix the country’s policy rates in its upcoming meeting on Thursday. The research department at HC Securities and Investment expected the MPC to hike policy rates by 200 bps…
Bangkok Post · Aug 9, 2022 MPC expected to raise interest rate Wednesday The Monetary Policy Committee (MPC) is expected to raise the policy interest rate for the first time in two years by 0.25% on Wednesday to 0.75%, as inflation soared above 7% in the last two months, bringing an end to a low-interest era, analysts say.
Bangkok Post · Aug 9, 2022 Rising rates won't trigger crisis Hawkish shifts in the US Federal Reserve’s monetary policy have often led to heightened financial and economic stress in emerging economies. In the early 1990s, the Fed raised interest rates preemptively to curb inflation, precipitating the 1994 Mexican “tequila” crisis. In 2013, the Fed signalled its intention to tighten monetary…
The Guardian - UK · Aug 8, 2022 UK economy shrank in second quarter according to poll of economists – as it happened Rolling live coverage of business, economics and financial markets as analysts weigh risk of recessions across the world
Bangkok Post · Aug 5, 2022 Look for stocks with a strong growth outlook The SET Index will probably remain volatile as the impact of the recent interest-rate increase by the US Federal Reserve may take a back seat to rising concerns about recession risk as numerous countries -- expected to be joined by Thailand next week -- tighten monetary policy.
The Hindu · Aug 4, 2022 Is the declining rupee a crisis or an opportunity? There is an expectation of further depreciation, which can lead to further capital outflows
AAP · Aug 4, 2022 RBA warns on inflation, downgrades growth The central bank has released its quarterly Statement on Monetary policy, setting out new forecasts for the economy, labour market, wages and inflation.
Evening Standard · Aug 4, 2022 Bank of England raises interest rates to 1.75% amid recession warning The Bank of England raised interest rates by half a percentage point on Thursday in the biggest increase in the cost of borrowing for 27 years.It is the sixth consecutive hike from the Bank’s Monetary Policy Committee (MPC) since December and lifts its key lending rate from 1.25 per cent…
Evening Standard · Aug 4, 2022 Bank of England unveils biggest interest rate rise in 27 years Monetary Policy Committee raises rates by 50 basis points to 1.75 per cent